Prez Mahama to Meet SOE CEOs for Strategic Reset and Realignment

The State Interests and Governance Authority (SIGA) is set to host a key engagement between President John Mahama and the Chief Executive Officers (CEOs) of State-Owned Enterprises (SOEs) and other key state agencies.

Scheduled for March 13, 2025, at the Kempinski Hotel in Accra, the high-level meeting is expected to be a defining moment in Ghana’s governance landscape. President Mahama will outline his vision for restructuring and realigning SOEs to enhance efficiency and effectiveness.

This initiative is part of broader efforts to strengthen the role of SOEs in driving Ghana’s economic growth. The meeting will bring together senior government officials, ministers, and representatives from the World Bank in Ghana, highlighting the importance of collaboration between government, international institutions, and state enterprises in fostering national development.

A key highlight of the event will be the launch of an in-depth study on 16 SOEs, which manage a significant portion of state assets. Conducted by SIGA, the study evaluates the current state of these enterprises, pinpoints areas for reform, and suggests actionable strategies for their transformation.

SIGA has emphasized that the findings from this study will be instrumental in shaping government policy, ensuring that SOEs operate with greater transparency, accountability, and alignment with national development goals.

“We are excited to facilitate this crucial engagement between the President and SOE CEOs,” said Prof. Michael Kpessa-Whyte, Director-General of SIGA.

“This meeting represents a major step toward promoting good corporate governance, transparency, and accountability in managing state-owned enterprises. We are confident that the outcomes will significantly contribute to Ghana’s economic development,” he added.

The engagement is expected to drive meaningful discussions, strengthen cooperation, and pave the way for a new era of collaboration between the government, SOEs, and other stakeholders.

SIGA urges all Ghanaians to take an active interest in this initiative and follow the meeting’s proceedings, as it marks a critical step toward improving the governance and efficiency of SOEs—an essential sector in Ghana’s economic growth and national development.