Tag: SIGA
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SIGA awaits cabinet approval on listing of SOEs on GSE
Director-General of the State Interests and Governance Authority (SIGA) Amb. Edward Boateng has disclosed that his outfit is awaiting approval from Cabinet on the listing of selected state-owned enterprises (SOEs) to raise capital from the Ghana Stock Exchange, GSE. As part of efforts to make SOEs profitable and attractive to investors, SIGA last year set…
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Akufo-Addo directs SIGA to probe SOEs cited in Auditor-General’s report
President Nana Addo Dankwa Akufo-Addo has directed the State Interest and Governance Authority (SIGA) to investigate the circumstances under which some state agencies were cited for infractions in the 2021 Auditor-General’s report. The President says SIGA must present its report to the Chief of Staff within four weeks. The President was speaking at a meeting…
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Stop posting losses and improve performance – Akufo-Addo charges SOEs
President Akufo-Addo has charged heads of state institutions and specified entities in the country to put an end to the phenomenon of posting losses annually and to work towards become profitable institutions. Losses posted by state enterprises and specified entities in the country between 2018 and 2019 rose by 200% percent according to the 2020…
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Public Enterprises Minister calls for safeguarding state investment
Mr Joseph Cudjoe, the Minister of Public Enterprises, on Monday paid a working visit to the State Interest and Governance Authority (SIGA) and urged it to help in safeguarding investments in state-owned enterprises (SOEs). He said a lot of state resources had been invested in specified entities like the SOEs, joint venture companies, and regulatory…
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Akwatia Development Assoc. urges Gov’t to withdraw appointment of new MD for GCDGL
A group calling itself the Akwatia Development Association is appealing to government to reconsider its decision to appoint Enoch Baah as the new Managing Director of the Great Consolidated Diamonds Ghana Limited, GCDGL. According to the group, Enoch Baah, who once headed the mining firm, ruined it by illegally mining residential and access roads of…
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Aviation Minister slams GCAA staff over planned protest to disrupt flights
The Ministry of Aviation has assured passengers of air transport that there will be no disruptions to flights from Monday, March 16, following a threat by the Union and Professional Associations of the Ghana Civil Aviation Authority (GCAA), to embark on an industrial action. In a statement responding to the workers threat, Aviation Minister, Joseph Kofi…