By Amoako Kwame
Vice President Professor Jane Naana Opoku-Agyemang has encouraged State-Owned Enterprises (SOEs) to prioritize productivity and accountability, stating that historical challenges are no longer acceptable excuses for poor performance.
Speaking at the 2026 SIGA Stakeholder Conference organized by the State Interests and Governance Authority (SIGA) the Vice President emphasized that SOEs are vital national assets that must deliver tangible value to the Ghanaian people.
“Legacy issues and past operational issues should not justify persistent underperformance, SOEs must deliver an attractive value proposition to Ghanaians, who are the primary stakeholders.” She stated
She highlighted that while these entities manage substantial national resources and employ thousands, ongoing operational inefficiencies and financial losses continue to place an unnecessary strain on public finances
The Vice President’s address comes amid a broader government “economic reset” agenda aimed at transforming SOEs into engines of growth rather than liabilities.
Key pillars of this transformation include:
· Enforcing Performance Contracts: Moving beyond mere monitoring to strict accountability for results.
· Corporate Governance Strengthening: Implementing reforms led by SIGA and the Ministry of Finance to ensure disciplined management.
· Portfolio Review: A comprehensive review is currently underway to optimize profitable entities and guide strategic investments.
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