Tag: 2020 State Ownership Report
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Government urged to minimize interference in decision making activities of SOEs
Senior Partner at AB & David, David Ofosu-Dorte says privatization of State Owned Enterprises (SOEs) is not the only way to ensure they consistently churn out profit and help in the growth of Ghana’s economy. According to him, in spite of the high proceeds, the net direct revenue from privatization has been relatively modest, due…
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SOEs record ¢2.61 billion loss in 2020 – Report
Latest data from the 2020 State Ownership Report reveals that State Owned Enterprises (SOEs) recorded an aggregate loss of ¢2.61 billion in 2020. This represents nearly 50% improvement over the 2019 aggregate loss of ¢5.16 billion. Despite the progress made, the 2020 Report which is based on 132 SEs in total (47 SOEs, 17 JVCs,…