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The GH¢19.8 billion mirage: Inside Ghana’s state enterprise turnaround

By GhanaSummary Newsroom1 min read
The GH¢19.8 billion mirage: Inside Ghana’s state enterprise turnaround

31 billion debt must be transferred to a dedicated amortization vehicle, paving the way to concession regional distribution to private operators.

Despite generating nearly GH¢20 billion in profit on paper, Ghana's 53 wholly-owned commercial SOEs remitted a negligible GH¢16.

The structural lesson is painfully evident: state-controlled administration traps capital; private commercial management delivers cash.

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