The State Interests and Governance Authority (SIGA) joined members of Parliament’s Committee on Public Administration and State Interest for a capacity-building workshop to strengthen lawmakers’ understanding of how Specified Entities (SEs) are managed, held accountable, and overseen.
Speaking at the session, SIGA’s Director-General, Professor Michael Kpessa-Whyte, walked participants through the processes and corporate governance frameworks the Authority relies on to deliver on its mandate of overseeing the operations of SEs, comprising State-Owned Enterprises (SOEs), Joint Venture Companies (JVCs), and Other State Entities (OSEs). This mandate involves ensuring that these entities operate efficiently, adhere to high standards of corporate governance, and contribute meaningfully to Ghana’s socio-economic development.
The workshop, moderated by Lawrence Agyinsam and Nana Asafo-Adjei Ayeh, allowed Committee members to explore the part parliamentary oversight plays in holding SEs accountable, while examining how that oversight can be exercised without undermining the operational independence these institutions need to function effectively.
Discussions also turned to the dimensions of institutional performance, namely ethics and strategic communication. Dr. Nancy Myles of the University of Ghana contributed insights into how sound ethical practices and deliberate communication strategies help SEs build public trust and remain true to their mandates.
For SIGA, the engagement reflects an ongoing commitment to working closely with Parliament to ensure that SEs are well governed, transparent, and positioned to deliver value to the Ghanaian public.