Blog

Telecel CEO Meets SIGA D-G to Cement Partnership

    The Group CEO of Telecel, Mr. Moh Damush pays a courtesy call on the Director-General of SIGA, Mr. John Boadu. The visit to consolidate partnership with SIGA follows Telecel’s recent rebranding from Vodafone Ghana. The Director-General of SIGA, welcomed the Telecel representatives, stressing the significance of upholding open communication and partnership between the

SIGA Sensitizes NHF on Public Investment Management Framework

    A cross-divisional delegation from the State Interests and Governance Authority (SIGA) has visited the National Homeownership Fund Ltd (NHF) to conduct a sensitization programme. The sensitization programmes on the Public Investment Management Framework is the first in the year for specified entities. Anita Arkutu, the Deputy General Manager of NHF who welcomed the

PROCUREMENT OF CONSULTANCY SERVICES FOR DEVELOPING GOVERNANCE, RISK AND COMPLIANCE ASSESSMENT TOOLS

    STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI)   PROCUREMENT OF CONSULTANCY SERVICES FOR DEVELOPING GOVERNANCE, RISK AND COMPLIANCE ASSESSMENT TOOLS – REF. NO.:GR/SIGA/GHASORG/CS/001/2024)   BACKGROUND The State Interests and Governance Authority was established to oversee and administer the State Interests in State-Owned Enterprises, Joint

PROCUREMENT OF CONSULTANCY SERVICES TO SUPPORT THE DEVELOPMENT AND UPDATE OF STANDARD OPERATING POLICIES AND PROCEDURES (SOPPS)

    STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI)   PROCUREMENT OF CONSULTANCY SERVICES TO SUPPORT THE DEVELOPMENT AND UPDATE OF STANDARD OPERATING POLICIES AND PROCEDURES (SOPPS) – REF. NO.:GR/SIGA/GHASORG/CS/002/2024) BACKGROUND The State Interests and Governance Authority (SIGA) Act, 2019 (Act 990) mandates the Authority to

SIGA D-G Calls on Registrar of Companies

  The Ag. Director-General of the State Interests and Governance Authority (SIGA), Mr. John Boadu has paid a working visit to the Office of the Registrar of Companies in Accra (ORC).   The meeting served as the Director General’s formal introduction to the ORC team and laid the groundwork for a strategic collaboration aimed at

SIGA Strengthens Partnership with GEA

    A delegation from the State Interests and Governance Authority (SIGA) has engaged the Chief Executive Officer (CEO) and leadership of the Ghana Enterprises Agency (GEA). The delegation from SIGA was led by Mr. John Boadu, Ag. Director-General.  The purpose of the visit was to formally introduce SIGA’s new Ag. Director-General and to strengthen

D-G Pledges Collaboration with CBG

    Mr. John Boadu, the Ag. Director-General of the State Interests and Governance Authority (SIGA) has pledged and reaffirmed SIGA’s commitment to assist Consolidated Bank Ghana Ltd (CBG) to maximize profit and efficiency in its operations. Mr. Boadu made this statement during a working visit to the CBG at its Head Office in Accra.

SIGA DG pays strategic visit to Ghana Gas

  Mr. John Boadu, the Acting Director-General of the State Interests and Governance Authority (SIGA) has engaged Dr. Ben Asante, CEO, and management of Ghana National Gas Company Ltd (Ghana Gas) in a strategic meeting. The meeting, hosted at the Gas House on Tuesday, January 23, 2024, in Accra, was used to formerly introduce the

Mr. John Boadu takes Office as AG. Director-General of SIGA

    President Akufo-Addo has appointed Mr. John Boadu as the Director-General for the State Interests and Governance Authority (SIGA). Mr. Boadu, a seasoned professional, brings rich experience and commitment to this role, to ensure that Specified Entities uphold good corporate governance and operational efficiency. His expertise as an accomplished Accountant and Quantitative Analyst is

Minister for Public Enterprises and SIGA Management Welcomes D-G

  Mr. John Boadu, the recently appointed Director – General (DG) of the State Interests and Governance Authority (SIGA) and the Management of SIGA have engaged in a formal meeting with the Minister of Public Enterprises, Hon, Joseph Cudjoe at the Castle in Osu. The purpose of the meeting was to officially welcome Mr. John

MS. HOLLISTAR DUAH-YENTUMI APPOINTED AG. DIRECTOR-GENERAL AT STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA)

    The State Interests and Governance Authority (SIGA) is pleased to announce the appointment of Ms. Hollistar Duah-Yentumi (Esq.) as its new Ag. Director-General, effective Monday, 20th November, 2023. Ms. Hollistar Duah-Yentumi (Esq.) until her elevation to this role was the General Manager in charge of Operations at SIGA since its inception in 2019.

PROCUREMENT OF CONSULTANCY SERVICES TO FACILITATE MONITORING AND EVALUATION FORUM

    STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI)   PROCUREMENT OF CONSULTANCY SERVICES TO FACILITATE MONITORING AND EVALUATION FORUM REF. NO.:GR/SIGA/GHASORG/CS/002/2023)   BACKGROUND The State Interests and Governance Authority (SIGA) Act, 2019 (Act 990) mandates the Authority to promote within the framework of Government policy,

PROCUREMENT OF CONSULTANCY SERVICES FOR THE DEVELOPMENT OF EQUITY STUDY FRAMEWORK REF. NO.:GR/SIGA/GHASORG/CS/001/2023)

  EXPRESSION OF INTEREST- EQUITY STUDY (003) STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI)   PROCUREMENT OF CONSULTANCY SERVICES FOR THE DEVELOPMENT OF EQUITY STUDY FRAMEWORK REF. NO.:GR/SIGA/GHASORG/CS/001/2023)   BACKGROUND As of 31 December 2012, GoG had reported equity holdings in 103 companies, representing a total

SIGA and SA High Commission Deepen Ties

    The South African High Commissioner Her Excellency, Grace Jeanet Mason paid a courtesy call on the Director – General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng today at the SIGA Office in Accra. The purpose of the visit was to hold bilateral discussions on a potential partnership between SIGA

SIGA Collaborates with Oversight Institutions in Enhancing Supervision and Reporting for Specified Entities

  The State Interests and Governance Authority (SIGA) has convened two meetings, in collaboration with the Public Enterprises Secretariat (PES) and some oversight institutions. The institutions included  the Internal Audit Agency (IAA), the Public Services Commission (PSC), the Controller and Accountant General’s Department (CAGD), the Public Procurement Authority (PPA), the Fair Wages and Salaries Commission

PRESIDENT’S VISION OF 30% SE GDP CONTRIBUTION ON COURSE – D-G SIGA

    The Director-General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng has said Ghana is making significant progress toward achieving the President’s vision of Specified Entities (SEs) contributing at least 30% to GDP. Amb. Boateng says according to recently released figures by the office of the Controller and Accountant General, Specified

SIGA Empowers Staff with Breast and Prostate Cancer Education

    The State Interests and Governance Authority (SIGA) has marked the 2023 Global Breast Cancer Awareness month with talk on breast and prostate cancer. The prostate cancer education was added to ensure that male staff were not left out. The event centered around the theme, “Thrive 356”, aiming to promote proactive well-being and informed

SIGA HOLDS SECOND EDITORS’ FORUM

  The State Interests and Governance Authority (SIGA) has hosted editors from selected media houses to editors’ forum. The forum aims at strengthening communication and cooperation between SIGA and the media. Amb. Edward Boateng, welcomed the editors and thanked them for their unwavering support since the inaugural forum in January. He emphasized the importance of

PELT AWARDS CELEBRATES ACHIEVEMENTS IN CORPORATE GOVERNANCE AMONG SPECIFIED ENTITIES

    The second edition of the Public Enterprises League Table (PELT) Awards has been organized by the State Interests & Governance Authority (SIGA) in partnership with the Public Enterprises Secretariat (PES) and the Ministry of Finance (MoF). Under the theme “Developing the Economic Superhighway Through Enhanced Corporate Governance of Specified Entities,” the event acknowledged

SIGA VISITS CHINESE COUNTERPART; SASAC FOR COLLABORATION

  Ambassador Edward Boateng, Director-General of the State Interests and Governance Authority (SIGA), has led a 30-member delegation to Beijing on a 6-day study tour. The aim is to enhance the performance of Specified Entities (SEs) and their contribution to Ghana’s GDP, aligning with the President’s vision. The delegation includes members of the Board of

ALEXANDRA TOTOE HONOURED AS “CORPORATE WOMAN OF THE YEAR”

  VRA Ladies Association has honoured the General Manager for Finance and Administration of SIGA, Madam Alexandra Totoe as corporate woman of the year. Madam Alexandra received the honour at the second edition of the Ladies of Impact Conference (LIC), hosted by the Volta River Authority Ladies Association (VRALA Accra Branch). The programme was under

SHC Inaugurates Legacy Court Estates

    Minister for Works and Housing, Hon. Asenso-Boakye inaugurates the Adenta Legacy Court Housing Estates project. The new housing project by the State Housing Company Limited (SHC) comprises of forty housing units and offers a range of apartment options from two, three, and four bedrooms. In addition to the housing units, the estate has

NSS holds Remembrance Service for Departed Personnel

    The National Service Scheme (NSS) recently held a Remembrance Day service at its headquarters in Accra as part of the scheme’s 50th-anniversary celebration. The event was to honour service personnels who lost their lives in the line of duty. During the service, attendees were reminded of their collective responsibility to safeguard and strengthen

Director – General starts Strategic Visits to Specified Entities

    The Director-General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng has begun a Specified Entity visitation exercise. The exercise which began on August 28, 2023, and set to conclude in mid-September, aims to address the infractions highlighted in the 2022 Auditor-General’s report and to foster a deeper understanding of the

SIGA Pays Courtesy Visit to Ga Mantse

    A delegation from the State Interests and Governance Authority (SIGA) led by Director-General has paid a courtesy visit to the overlord of the Ga State, His Royal Majesty, Nii Tackie Teiko Tsuru II. At the meeting which took place at the private residence of the Ga Mantse, Amb. Edward Boateng emphasized the significance

SIGA Joins Parliamentary Committee to Review 2021 & 2022 Financial Performance of Selected State Enterprises

    The State Interests and Governance Authority (SIGA), recently participated in a crucial review of the 2021 and 2022 annual financial performance of selected state enterprises. The exercise was conducted by the Parliamentary Committee on Employment, Social Welfare and State Enterprises, aimed at evaluating the financial health of these Specified Entities and ensuring the

SIGA Engages Heads of Specified Entities on Progress of PFM4SD

    The State Interests and Governance Authority (SIGA) on Monday, August 7, 2023, convened a virtual meeting on the Public Financial Management for Service Delivery (PFM4SD) programme. The meeting brought together heads of Specified Entities to engage in deliberations regarding significant matters pertaining to the realization of the PFM4SD. The programme is a World

SIGA, MOF (PFM4SD and PES Collaborate to Enhance Ghana’s Public Financial Management

    SIGA in collaboration with the Public Financial Management for Service Delivery (PFM4SD) Program Coordinating Office (PCO) at the Finance Ministry are organizing a two-day management retreat. The retreat which is scheduled for August 1st to 2nd, 2023, at the Capital View Hotel in Koforidua is bringing together staff from SIGA, the Ministry of

Government Must Fund Regulations – FDA

    The Food and Drugs Authority (FDA) of Ghana through the State Interests and Governance Authority (SIGA) has called on the government to fund the regulation operations of the Authority. They made this call as part of the 2022 evaluation visits currently being conducted by SIGA on the 63 Specified Entities (SEs) it signed

SIGA Starts 2022 Contract Evaluation

  Introduction The State Interests and Governance Authority has commenced the evaluation of the 2022 Performance Contract signed by the Authority with 63 Specified Entities (SEs). The Evaluation exercise marks the conclusion of the 2022 performance contract cycle. As part of the performance contract requirement, SIGA carried out a Performance Monitoring which included desk and

SIGA Underscores Significance of Private-Public Partnership

    The Director-General of SIGA, Amb. Edward Boateng has highlighted the significance of private-public partnership. Amb. Boateng made the statement at the Entrepreneurs Foundation of Ghana organized Top 50 Ghana Entrepreneurs & Corporate Executives Awards & Summit 2023. The 13th edition of the event held at the Labadi beach Hotel on Friday June 23,2023

SIGA Highlights Commitment to Ghana’s Economic Growth at GHIOS 2023

  The State Interests and Governance Authority (SIGA) has highlighted its commitment to Ghana’s economic growth. It made the commitment when it participated in the Ghana Investment Opportunities Summit (GHIOS) in London Hilton on Park Lane. The event hosted by Ghana’s High Commission in the United Kingdom (UK) in collaboration with the Ghana Investment Promotion Centre

SIGA Pays Courtesy Call on Asantehene

  A delegation from the State Interests and Governance Authority has paid a courtesy call on Asantehene Otumfour Osei Tutu II. The visit to Manhyia Palace forms part of SIGA’s plan to engage key stakeholders to gather support for its activities and Entities. The delegation led by the Director-General Amb. Edward Boateng used the opportunity

Hon. Asenso-Boakye Inaugurates Seasons Court

    The Minister for Works and Housing, Mr. Francis Asenso-Boakye has commissioned a 16-unit apartments block constructed by the State Housing Company (SHC) at Adentan Housing Down. The two-bedroom and three-bedroom self-contained apartment dubbed ‘Seasons Court’ is one of many apartments constructed by STC and expected to provide accommodation for 16 families at an

SIGA holds its 2nd “Jogging To Bond” Event

      The second edition SIGA’s annual staff games, dubbed “Jogging to Bond” has come off on Friday May 26th, 2023 at the Burma Camp Complex in Accra. The event is aimed at improving staff’s physical well-being and creating a relaxed environment for both employees and management to communicate and foster camaraderie. A walk from

SIGA D-G Honored for excellence in Public Sector Management

      Ambassador Edward Boateng, Director-General of the State Interests and Governance Authority (SIGA), was honored at the 7th Ghana CEO’s Summit for his excellent contributions to public sector management. The summit, held on May 22nd, 2023, at the Kempinski Gold Coast Hotel in Accra, was under the theme, “Economic Sovereignty, Sustainable Corporate Governance, Digital

D-G calls on USAID Ghana Mission Director

    The Director-General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng has paid a courtesy call on USAID Ghana Mission Director, Kimberly Rosen. In his opening address, Ambassador Boateng expressed his appreciation to Madam Kimberly Rosen for the warm welcome accorded the SIGA delegation. He made a brief introduction of SIGA

SIGA Observes Heritage Month

  In honor of Ghana’s 66th anniversary of independence on March 6, 2023, management and staff of SIGA marked the month of March as National Heritage Month. Dubbed: “SIGA Heritage Month”, the month-long campaign focused on promoting cultural awareness, fostering a strong sense of patriotism, and celebrating Ghana’s diverse and rich cultural heritage. Corporate Affairs

SIGA Holds HR Forum for Employees

  5-day Human Resource forum has been organised for Staff of the State Interests and Governance Authority. The forum which grouped staff into 5 to appear on a respective day to ensured effective coordination and participation started from Tuesday, 21st March to Friday, 24th March 2023. A final presentation was made to Management, HoDs and selected Managers

SIGA D-G calls on Executive Director of World Trade Centre Accra

  The Director-General of the State Interests and Governance Authority (SIGA), Amb. Edward Boateng has paid a courtesy call on Mr. Edem Kofi Yevutsey, Executive Director of the World Trade Centre Accra (WTCA). The meeting centered on SIGA and Specified Entities’ participation in the upcoming World Trade Centre General Assembly in Ghana scheduled for April

Specified Entities List

The State Interests and Governance Authority has the pleasure to publish the List of Specified Entities as approved by Cabinet. Kindly click on the link attached to access the list. Thank you Specified Entities List

CAGD Presents 2022 Draft Annual National Accounts to Stakeholder

      The Controller and Accountant – General; Mr. Kwasi Kwaning Bosompem and his team have presented a draft of the 2022 National Accounts to the Ministry of Finance (MOF) and other stakeholders. The State Interests and Governance Authority (SIGA) was invited as a key stakeholder to participate in the forum. The meeting held

Veep Commissions New Bost Head Office

    The vice president H.E. Dr. Mahamudu Bawumia, on Wednesday March 15, 2023 officially commissioned a new office complex for Bulk Oil Storage and Transportation Company Ltd (BOST). Mr. Edwin Provencal, the managing director of BOST, board members, government officials, and employees of the company were some of the people who witnessed the commissioning.

SIGA Mourns with Former Speaker of Parliament

  The Director-General of SIGA has led a delegation from the State Interests and Governance Authority to mourn with the former speaker of parliament Prof Aaron Mike Oquaye, on the passing of his wife. The late Major Rtd. Alberta Adwoa Boatemaa Oquaye, died on Saturday, 4th March 2023. The delegation from SIGA included, the Head

SIGA Observes International Women’s Day

    The State Interests and Governance Authority (SIGA) joined the rest of the world in celebrating International Women’s Day. The International Women’s Day offered SIGA the opportunity to reaffirm its commitment to gender equity in keeping with the global International Women’s Day theme for 2023 “Embrace Equity”. Ambassador Edward Boateng, Director-General of SIGA, commended

SIGA Participates in Government PROS Review Summit

  The State Interests and Governance Authority (SIGA) has taken part in the 3rd Annual Government Public Relations Officers Summit. The event organised by the Ministry of Information was under the theme; “Boosting Revenue Generation Towards Economic Recovery; The Role of the Government PROs”. The summit is aimed at providing a forum for government public

SOR Project Team Goes Off-Site

  A team, working on the 2021 State Ownership Report (SOR) are meeting off-Site. SIGA for the first time is overseeing the preparation of the State Ownership Report (SOR) after taking over from the Ministry of Finance. In order to expeditiously finalise and submit the report, the project team embarked on an off-site meeting from

GRIDCo to Earn Revenue from Energy Export

  The CEO of the Ghana Grid Company (GRIDCo), Ing. Ebenezer Kofi Esseanyi has said without the grid there would be no electricity in Ghana.  He stated that his outfit is constantly working to ensure that Ghana has uninterrupted power supply. Ing. Ebenezer Kofi Esseanyi made these remarks on Monday, February 13, 2023, when his company took

PRESS RELEASE

PRESENTATION OF JOINT COMMITTEE REPORT ON  2021 AUDIT INFRACTIONS TO THE CHIEF OF STAFF Accra, 24th January 2023. The Director-General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng has presented the Joint Report on the 2021 Audit Infractions by SIGA and the Ghana Audit Service to the Chief of Staff, Hon. Akosua

SIGA D-G Joins 5th Infantry Battalion for WASSA 2022

  The Director-General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng joined the 5 Infantry Battalion (5BN) as Special Guest to celebrate their 2022 end-of-year West African Soldiers Social Activity (WASSA) and the commissioning of a young soldiers’ dormitory. The ceremony was held on Friday January 13 2023, at the Forecourt of

Ghana Gas Saves Nation $3m Monthly

  The Chief Executive Officer of the Ghana National Gas Company Limited, Dr. Benjamin Asante has said his outfit saves the country about 3 million dollars monthly through its localized operations. Dr. Benjamin Asante said this while speaking at the State of the Agencies Report, a press engagement platform put together by the State Interests

TDC Presents at the State of the Agencies Report

  The TDC Development Company Limited (TDCL) on Sunday, 15th January took its turn on the State of the Agencies Report, a press engagement platform coordinated by SIGA in collaboration with the Ministry of Information. Managing Director of TDCL, Madam Alice Abena Ofori-Atta, expressed her outfit’s commitment towards establishing and managing sustainable urban settlements to meet

SIGA Holds Thanksgiving Service

    The State Interests and Governance Authority (SIGA) has held its maiden management and staff thanksgiving service on Wednesday January 11, 2023 at the Head office in Accra. The programme titled, “Time to reflect with Dr. Mensa Otabil” was aimed at providing a platform for the organization to offer thanksgiving to God for his

MADE-IN-GHANA SUMMIT 2022

  The 2022 Edition of the Made-In-Ghana Summit came off on Monday, December 12 2022, at the Movenpick Ambassador Hotel. The event which was organised by the Entrepreneurs Foundation of Ghana (EFG) in conjunction with relevant stakeholders was under the theme: “Building strong Ghanaian Brands for global competitiveness”. The one-day summit assembled over 200 influential CEOs

IoD-Ghana Launches 3rd Edition of Directors Handbook

The Institute of Directors-Ghana, in collaboration with the Bank of Ghana and other key stakeholders, has launched the third edition of the National Corporate Governance Code, which will serve as a guide for all stakeholders on corporate governance issues. Speaking at the book launch on Tuesday, December 13 at the Kempinski Hotel in Accra, President

Deployment for Employment Will Reduce Graduate Unemployment- NSS Boss

  The State Interests and Governance Authority (SIGA), in collaboration with the Ministry of Information, has introduced the State of the Agencies Report The programme, a media engagement series is to update the public on the activities and projects of some key Specified Entities to educate and promote effective transparency and accountability. The National Service

DG pays courtesy call on Japanese Ambassador

  The Director-General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng has paid a courtesy call on the Ambassador of Japan to Ghana, H.E. Mochizuki Hisanobu. The 29th November 2022 meeting at the Japan Embassy in Accra, centered on issues of bilateral interests and co-operation between Ghana (through SIGA) and Japan. Ambassador

D-G pays courtesy call on Chinese Ambassador

  The Director-General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng has paid a courtesy call on the Ambassador of the People’s Republic of China to Ghana, H.E Lu Kun. The meeting took place on over the week at the Chinese Embassy in Accra. The purpose of the visit was to propose

IoD ISSUES COMMUNIQUE

  PRESS RELEASE COMMUNIQUE ISSUED AT THE END OF INSTITUTE OF DIRECTORS(IoD-GH) DIRECTORS WEEK CONFERENCE HELD ON THE 18TH NOVEMBER, 2022 IoD-Gh established and held the maiden Directors’ Week Celebration in 2018 as an annual event to bring Directors and members of the Institute together to build their capacity, network and share ideas on how

SIGA to Partner Institute of Directors for Public Sector Leadership Series

The State Interests and Governance Authority (SIGA) has announced plans to commence a development and knowledge sharing leadership series in partnership with the Institute of Directors Ghana (IoD-Ghana). The initiative which is aimed at improving corporate governance at all levels and instilling a culture of accountability will project examples of best practices and case studies

VRA Hosts Gambia Finance Ministry Delegation

  A Gambian delegation on a study tour to Ghana has paid a working visit to the Volta River Authority at Akosombo. The team from the Gambian Ministry of Finance and Economic Affairs who are the guest of the State Interests and Governance Authority (SIGA) are in the country to learn from how SIGA are

Rise and Cause Change-SIGA D-G to Female CEOs

  Ambassador Edward Boateng, Director-General of the State Interests and Governance Authority (SIGA) has entreated female CEO’s and Board Chairs of Specified Entities to be innovative and cause change in their various institutions. Speaking at the maiden edition of SIGA’s leadership and networking forum for female CEO’s and Board Chairs of Specified Entities, Amb. Boateng

SIC to Pay GH¢3.6m Dividend to Government

    SIC Insurance PLC is set to pay GH¢3.6m as dividends to the Government of Ghana through the State Interests and Governance Authority (SIGA). This amount represents the government’s 40% stake in the company. The dividend is scheduled to be paid in January 2023 after all regulatory requirements have been fulfilled. The company announced

SIGA PARTICIPATES IN GETFUND STAKEHOLDER FORUM

  State Interests and Governance Authority (SIGA) has participated in a stakeholder engagement forum at the Ghana Academy of Arts and Sciences in Accra. The meeting organized by the Board of Trustees and Management of the Ghana Education Trust Fund (GETFund) on November 8th 2022, provided a platform for GETFund to inform its key stakeholders

SIGA-LED GAMBIAN DELEGATION VISITS BOST

    A State Interests and Governance Authority (SIGA) led delegation from the Gambian Ministry of Finance and Economic Affairs has paid a working visit to the Bulk Oil and Transport Co. Ltd (BOST). The Gambian delegation, headed by Mr. Mod Seka, the Permanent Secretary of the GMOFEA was led by Madam Olivia Opoku (Head,

“Digitalisation KPIs to be Introduced into Performance Contracts” – Director-General

The Director-General of the State Interests and Governance Authority (SIGA) Amb. Edward Boateng has announced plans of his Authority to introduce digitalisation KPIs into the Annual Performance Contract for Specified Entities. He said it is imperative public sector executives adopt the use of digital solutions to ensure business continuity and efficiency by cutting down on

SIGA ORIENTS RTI OFFICERS ON ITS’ OPERATIONS

The State Interests and Governance Authority (SIGA) joined the Ministry of Information, UNESCO, Office of the Head of Civil Service (OHCS) and the Office of the Local Government Service (OLGS) to orient 250 Right to Information Officers (RTI). The 3-day training held on the Dzorwulu campus of GIJ, was to educate the new officers on

PROCUREMENT OF CONSULTING SERVICES FOR VALUATION OF THE MINERAL RESOURCES OF THE GHANA CONSOLIDATED DIAMOND LIMITED (GCDL)

STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI) (ASSIGNMENT TITLE: PROCUREMENT OF CONSULTING SERVICES FOR VALUATION OF THE MINERAL RESOURCES OF THE GHANA CONSOLIDATED DIAMOND LIMITED (GCDL) REF. NO.:GR/SIGA/CS/005/2022  1.0     BACKGROUND The Government of Ghana, in a bid to ensure the effective running, and where appropriate, profitable operations

SIGA Observes Breast Cancer Awareness Month

The State Interests and Governance Authority (SIGA) today organised series of activities to mark breast cancer awareness month. Amongst the activities organised by the Authority to mark this year’s international breast cancer awareness month (Pink October) were, a seminar on breast cancer, breast cancer and hepatitis B screening for staff. Breast cancer is the most

DIRECTOR-GENERAL JOINS THE PRESIDENT ON ASHANTI REGIONAL TOUR

The Director-General of the State Interests and Governance Authority (SIGA), Amb. Edward Boateng joined the President of the Republic of Ghana and other government officials on four-day working tour of the Ashanti Region. The President and his entourage commenced the tour with a congregational service at the St. Cyprian Anglican Church in Subin Constituency. As

SIGA Mourns Richard Adiyiah

  A delegation from the State Interests and Governance Authority (SIGA) over the weekend mourn with the Produce Buying Company (PBC). The delegation which was led by the Director-General of SIGA, Ambassador Edward Boateng included, the General Manager Operations and some heads of division. They joined other mourners to observe the one-week ceremony of the

PROCUREMENT OF INDIVIDUAL CONSULTANT AS DATABASE ADMINISTRATOR

STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI)   PROCUREMENT OF INDIVIDUAL CONSULTANT AS BUSINESS ANALYST – REF. NO.:GR/SIGA/IT/GHASORG/CS/003/2022) 1.0     BACKGROUND The State Interests and Governance Authority (SIGA) is established by the State Interests and Governance Authority Act, 2019 (Act 990) to oversee and administer the State

PROCUREMENT OF TECHNICAL SERVICES FOR THE DESIGN AND IMPLEMENTATION OF NETWORK SECURITY

  STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI)   PROCUREMENT OF TECHNICAL SERVICES FOR THE DESIGN AND IMPLEMENTATION OF NETWORK SECURITY – REF. NO.:GR/SIGA/IT/GHASORG/CS/001/2022)   1.0     BACKGROUND The State Interests and Governance Authority (SIGA) is established by the State Interests and Governance Authority Act, 2019 (Act

PROCUREMENT OF INDIVIDUAL CONSULTANT AS BUSINESS ANALYST

  STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI)   PROCUREMENT OF INDIVIDUAL CONSULTANT AS BUSINESS ANALYST – REF. NO.:GR/SIGA/IT/GHASORG/CS/003/2022)   1.0     BACKGROUND The State Interests and Governance Authority (SIGA) is established by the State Interests and Governance Authority Act, 2019 (Act 990) to oversee and administer

STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST

  PROCUREMENT OF TECHNICAL SERVICES FOR THE PROVISION OF INFORMATION TECHNOLOGY QUICK WINS – REF. NO.:GR/SIGA/IT/GHASORG/CS/002/2022)   BACKGROUND The State Interests and Governance Authority (SIGA) is established by the State Interests and Governance Authority Act, 2019 (Act 990) to oversee and administer the State Interests in State-owned Enterprises (SOEs), Joint Venture Companies (JVCs) and Other

SIGA, Audit Service and SEs Consult on Audit Infraction

A consultative virtual forum on reducing audit infractions by Specified Entities has been hosted by SIGA. The forum was in line with a directive by the president for SIGA works with Auditor General to submit a report on the 2021 Audit infractions to the chief of staff with 4 weeks. Over 140 CEOs, heads of

A CONVERSATION WITH THE PRESIDENT

The President, H. E. Nana Akufo Addo has held a meeting with Governing Board Chairpersons of Specified Entities (SEs) on improving the performance of SOEs and Public Corporations as well as reducing perennial losses and audit infractions. The event which was held at the presidency was organised by SIGA in collaboration with the Ministries of

PRESS RELEASE

  SIGA BOARD RETREAT TO DISCUSS MEASURES FOR SPECIFIED ENTITIES IMPROVEMENT Accra, 8th September 2022 The Board and Management of the State Interests and Governance Authority (SIGA) is holding a three-day Board Retreat to deliberate on measures aimed at supporting Specified Entities to become profitable, efficient and compliant. The publication of the Auditor-General’s report which

SIGA HOSTS DELEGATION FROM SOMALILAND

A delegation from the Civil Service Institute (CSI) of Somaliland today paid a visit to SIGA.   The delegation is in Ghana for a one-week training at the Ghana Institute of Public Administration (GIMPA) in order to equip themselves with needed skills aimed at strengthening the Civil Service Institute of Somaliland. The delegation was led

RTI Commission Educates SIGA on RTI Act

The Right to Information Commission yesterday trained selected staff of SIGA on the RTI Act 989 of 2019. The Act which took 20 years to be passed seeks to facilitate the right of access to information, promote and sustain awareness of citizenry in their rights to information and of institutions in their obligation to disclose

Ghana Post Launches Scuttle Box Service

Ghana Post Company Ltd has launched a scuttle box service for efficient postal and courier service delivery. The scuttle box is a repository with state-of-the-art security features to be fixed on walls of households and establishments and linked to a digital address system for the delivery of parcels. Clients will also receive notification to open

PROCUREMENT OF CONSULTING SERVICES FOR VALUATION OF THE MINERAL RESOURCES OF THE GHANA CONSOLIDATED DIAMOND LIMITED (GCDL) REF. NO.:GR/SIGA/CS/005/2022

STATE INTERESTS AND GOVERNANCE AUTHORITY (SIGA) NATIONAL COMPETITIVE TENDERING (NCT) REQUEST FOR EXPRESSION OF INTEREST (EOI)   (ASSIGNMENT TITLE: PROCUREMENT OF CONSULTING SERVICES FOR VALUATION OF THE MINERAL RESOURCES OF THE GHANA CONSOLIDATED DIAMOND LIMITED (GCDL)  REF. NO.:GR/SIGA/CS/005/2022   1.0       BACKGROUND The Government of Ghana, in a bid to ensure the effective running, and where

Ghana Reinsurance Success Story Must be Studied in School – Amb. Edward Boateng

Ghana Reinsurance PLC (Ghana Re) has officially commemorated it’s 50th Anniversary with a launch. The event brought together management and staff, government officials, past and present board members of the company, and leaders in the insurance industry. In his address the Managing Director of Ghana Re, Mr. George Y. Mensah eulogized present and past workers,

Royals earn “Bragging Rights” in Maiden SIGA Jogging to Bond

The maiden edition of the SIGA Staff Jogging to Bond (JtoB) has come off on Friday 5th August,2022.   Over 100 staff of the State Interest and Governance Authority (SIGA) divided into four teams competed in various games at the Ghana Armed Forces Sports Complex in Burma Camp. The teams are Royals (Blue), Hunters (Green),

TDC WINS BEST ENTITY AT MAIDEN PELT AWARD

The maiden edition of the Public Enterprises League Table (PELT) Awards has come off at Kempinski Hotel in Accra. PELT, a collaboration between the Ministry of Public Enterprises and SIGA with support from the Ministry of Finance is to engender competition amongst Specified Entities. The day started with a red carpet before the main event.

PELT Award will bring Competition – Amb. Edward Boateng

Ambassador Edward Boateng expresses confidence in the Public Enterprises League Table (PELT) as a tool for healthy competition amongst Specified Entities. The Director-General of SIGA said this in an interview with Bernard Avle on Citi FM’s morning on the maiden PELT Awards. According to Amb. Edward Boateng the PELT Awards is one of the many

A CONVERSATION WITH FINANCE MINISTER

  The State Interests and Governance Authority (SIGA), with support from the Ministry for Public Enterprises, (MPE) has organised a meeting for Chairpersons of the Specified Entities (SEs) to interact with the Minister of Finance, Hon. Ken Ofori-Atta. The meeting dubbed “A Conversation with the Finance Minister” was held at the premises of SIGA. The

Aunty Matilda retires after 37 years of service

SIGA bids farewell to Madam Matilda Lamptey one of its longest serving employees. Matilda Lamptey affectionately called in SIGA as Otsokobila or Aunty Matty brought her 37 years of service to the Authority to an end early this year. She joined the then State Enterprises Commission as a Customer Service Executive in 1985 and worked

NLA Licenses Lotto Operators

The National Lottery Authority, NLA signs a contract with some 12 Private Lotto Operators (PLOs) to operate under its umbrella. The contract is valid for one year and is expected to run from 1st January 2022 to 31st December 2022. PLOs who operate the 5/90 Game under the National Lotto Act 2006 (Act 722) would

Phyto-Riker 60th Anniversary Launch

The board, management, and staff of Phyto-Riker (GIHOC) Pharmaceuticals Ltd (PRG), have launched their 60th Anniversary. The launch of the celebrations took place at the forecourt of the company’s premises at Dome near Achimota on the Accra-Nsawam Road. The theme for the anniversary is “Trusted Quality for Great Health: 60 Years of Continuous Impact”, Madam

SIGA Director-General calls for collaborative effort by oversight bodies in ensuring compliance of SEs with reporting requirements

The Director-General of the State Interests and Governance Authority (SIGA) Amb. Edward Boateng has called for a more collaborative effort by oversight bodies in ensuring compliance of Specified Entities (SEs) with their reporting requirements. In an interview on GTV’s Breakfast Show recently, Amb. Boateng indicated that as part of the reform programme to turn the

CBG hits GH¢1bn mark in supporting Individuals and MSMEs

Managing Director of the Consolidated Bank Ghana Limited (CBG), Daniel Wilson Addo, has expressed strong optimism that growing confidence in the economy’s banking sector provides an opportunity for CBG to continue supporting the growth of Micro Small and Medium Scale Enterprises (MSMEs), hand-holding them into big businesses that anchor development. This, he said, will deepen

SIGA is a success story – ASABEE tells CEOs, Board Chairmen

The first and outgoing Director-General (DG) of the State Interests and Governance Authority (SIGA), Hon Stephen Asamoah-Boateng has urged his successor and all coordinating staff to continue to adhere to processes and activities that have made the state outfit a success story within two years.  Addressing stakeholders of SIGA including Chief Executive Officers (CEOs) and

BOST takes delivery of 5,400 pipes for expansion

The Bulk Oil Storage and Transportation Company Limited (BOST) is set to commence rehabilitation and expansion works on its petroleum transmission lines from Tema to Akosombo. This follows the delivery of 5,400 pieces of 12-inch pipes from the Unites States of America. The pipes, procured in 2009 for $63.2 million through a US Eximbank facility

VP Bawumia calls for more efficient approach to use of public resources

Speaking at the closing ceremony of a retreat for board chairpersons, heads and deputy heads of government institutions at Nkwatia-Kwahu on Sunday, Dr. Bawumia told the heads of state institutions that state agencies have crucial roles to play if Ghana’s quest for less reliance on foreign support is to be achieved, hence the need for them to adopt innovative ways of transforming their respective agencies for the benefit of all Ghanaians.

Graphic on course with Ghana Beyond Aid – MD

The Graphic Communications Group Limited (GCGL) will continue to use available human and material resources to improve its fortunes. The Managing Director (MD) of the company, Ato Afful, who gave the assurance, said that would also impact positively on the economy to help achieve the Ghana Beyond Aid agenda. Speaking with the Daily Graphic on

Implement succession plans to sustain business – SIGA boss urges CEOs

The Director-General of the State Interest and Governance Authority (SIGA), Mr. Stephen Asamoah-Boateng, has asked leaders of state institutions and corporate entities to put in place progressive systems to make their organisations grow and stand the test of time. He said to achieve that would require the current leadership to implement succession plans by identifying

Cylinder Recirculation Module to begin in 2022 – NPA

The National Petroleum Authority says plans are underway to ensure that the Cylinder Recirculation Module takes effect from the second quarter of next year. During a familiarization tour of the Central Region, Chief Executive Officer of NPA, Dr. Mustapha Abdul-Hamid, said several factors contributed to the delay in the implementation of the initiative. He explained that

Family fights Ghana Airport Company over Lands

A Family in La is currently battling the Ghana Airport Company (GACL) and the Ghana Civil Aviation Authority (GCAA) at the Accra High Court over lands being used for the Airport City Project. The Odoitso Okoikwao family filed the suit with the case that the land is their ancestral land which was reaffirmed by a

PROCUREMENT OF CONSULTANCY SERVICES FOR DEVELOPMENT AND UPDATE OF THE MONITORING AND EVALUATION FRAMEWORK – REF. NO.:GR/SIGA/PME/CS/004/2021)

The Consultant’s work consists mainly of four (4) parts, to: (i) review the existing M&E Systems of the Authority; (ii) review the existing performance evaluation framework; (iii) coordinate the preparation of the “draft evaluation report” for forty-Seven (47) Specified Entities (2017-2019); and (iv) provide recommendations for improvement of the existing M&E system, performance contracting and evaluation framework.

National Food Buffer Stock Company (Nafco) To Develop 5-Year Strategic Plan

The Director-General of State Interest and Governance Authority (SIGA), Mr. Asamoah-Boateng, has opened a three-day strategic retreat of the National Food Buffer Stock Company. The 3 day retreat in Akosombo was set out by the National Buffer Stock Company Limited to develop a 5-year strategic plan. He commended the board for initiating the strategic drive,

GCB Bank donates GH¢100,000 to COVID-19 Trust Fund

GCB Bank Ltd has donated an amount of GH¢100,000 to the COVID-19 National Trust Fund to help support sensitisation work and reduction in the spread of COVID-19. The bank’s donation forms part of its corporate social responsibility of supporting and partnering state institutions to achieve national development agenda. The Deputy Managing Director of the Bank

AESL Board Inaugurated

Prof. Asamoah expressed the board’s gratitude to the president for giving them the opportunity to serve the country and promised to build on the successes chalked to ensure a stronger and formidable organisation.

NPA to streamline Bitumen production

Unfortunately, most of the countries have different specifications. For Ghana, it’s about your requirements. If you require American standard, we will produce for you. So, we can produce both American and European specifications” she added.

ECG commissions Ghana’s largest bulk electricity supply point

President Nana Akufo-Addo has commissioned the Pokuase Bulk Supply Point, a 330/34.5 kilo-volt substation designed to improve the supply and distribution of electricity for consumers in the northern areas of Accra. Funded by the Millennium Challenge Corporation (MCC) to the tune of $47 million, the Supply Point, according to the President, is testimony to Government’s

GNPC acquires 7% Commercial Interest in Jubilee and TEN blocks

The Ghana National Petroleum Corporation (GNPC) has announced the acquisition of 7% Commercial Interest in both the Jubilee and TEN blocks, from Occidental Petroleum for a purchase price of $199 million, with effect from 1st, April 2021.  This is in line with GNPC and Government’s strategy of increasing its participating stakes in viable oil blocks

Akuapem Mampong Honours COCOBOD Boss

Osabarima Kwame Otu Dartey III, commended the efforts of Hon. Aidoo and reminded him of Akwapim Mampong Traditional Area’s pioneering role in the cocoa sector for which they deserve more investment in cocoa projects within the area.

SIGA to assess State-owned Enterprises on their responsiveness to cybersecurity

Hon. Stephen Asamoah-Boateng, Director-General for the State Interests and Governance Authority (SIGA), says the Authority will assess State-Owned Enterprises (SOEs) on their preparedness and adoption of cybersecurity measures in their operations. He said this would form part of their overall performance contract assessment process to increase need for them to adopt measures to combat cybersecurity

Government backs VRA, Bui Power in renewable energy drive

Dr. Mathew Opoku Prempeh, Minister for Energy says government is committed to supporting the  Volta  River  Authority  (VRA) and Bui Power Authority to reach their full renewable energy (RE) potential. He made the statement at the 7th Renewable Energy Fair organised by the Energy Commission in Accra. The VRA, the country’s largest power generation company

NEOPLAN CAN BE PROFITABLE – HON. ASAMOAH-BOATENG

Hon. Asamoah-Boateng who has been at the forefront of seeking avenues to recapitalise Neoplan since 2000 made the statement when he appeared as a guest on Garden City Radio in Kumasi. He said: “Under SIGA we have seen a lot of State Enterprises that had not made profits for a long-time posting profit and either paying dividends to the government or reinvesting the profit into their operation. I am optimistic that if Neoplan is absorbed into the 1D1F programme it will create jobs and make profits for the country.”

The work of SIGA is Paying Off

The Director-General also answered questions on the 2019 State Ownership Report which has posted a very positive outlook for State owned-enterprises. Hon. Asamoah-Boateng said although SIGA still has a long way to go he is happy with the calibre of staff and their commitment. He thanked the staff of now defunct SEC and DIC, on how well they bonded with the new staff that have been recruited particularly from the private sector.

GBC and CBG overwhelms Media at SIGA

The Ghana Broadcasting Corporation (GBC) and the Consolidated Bank of Ghana (CBG) last week impressed journalists from various media houses when they took their turn at the SIGA Media Engagement Series. As part of activities to update the media and to tell the success stories of Specified Entities, the State Interests and Governance Authority has

ADDRESS BY THE PRESIDENT OF THE REPUBLIC,NANA ADDO DANKWA AKUFO-ADDO

Historically, our nation has had difficulties in fashioning out a comprehensive strategic approach to managing the SOE sector. Conflicting objectives, dispersed monitoring systems, lack of transparency and weak lines of accountability have been symptomatic of Ghana’s underperforming SOE sector. Upon our assumption of office, back in January 2017, we had to spend a significant amount of our time addressing the challenges we inherited from our predecessors, which almost crippled the SOEs. These included legacy debts, low working capital, weak corporate governance structures, multiplicity of stakeholder policy directives with overlapping and conflicting objectives, and dispersed monitoring systems.

Director-General’s Speech at the 2021 Performance Contract Signing Ceremony

As the Director General, I have built a team of experts with excellent pedigree in their professional careers who have ensured that the process involved in getting to the signing of these contracts and the follow-ups of the monitoring and evaluation, builds respectable relationships that produces a win-win situation for the entities as well as the government.

Ebenezer Essienyi appointed Chief Executive Officer of GRIDCo

The Board of Ghana Grid Company Limited (GRIDCo) has confirmed Mr Ebenezer Essienyi as Chief Executive of the company, following his nomination by President Nana Addo Dankwa Akufo-Addo. Mr Essienyi, who is a member of the Senior Management team of GRIDCo, succeeds Jonathan Amoako-Baah, whose successful tenure as Chief Executive ended in July. Before his

“The light will stay” – NEDCO

Mr. Thomas Kwegyir-Abaidoo, who represented the Director-General urged the Board to work to improve efficiency and profitability with the assurance that SIGA is ever ready to partner with them.

Swearing-in-NPA-Board

Seven-Member NPA Board Sworn In

The Director General of State Interest and Governance Authority (SIGA), Hon. Stephen Asamoah-Boateng thanked the members for accepting to serve on the board and assured them of SIGA’s willingness to work with them.

Petroleum Commission’s Board sworn in

In a short speech before the swearing-in, the Director-General of the State Interests and Governance Authority (SIGA), Hon. Stephen Asamoah-Boateng, drew the attention of the incoming Board Members present to the fact that SIGA has experts in Petroleum and Power who are always ready to assist them in carrying out their mandate.

Poor Performance of SOEs will be a thing of the past – SIGA

Mr. Andrews Kwesi Frimpong, the General manager, finance and administration at the State Interests and Governance Authority has disclosed that the narrative of doing business in Ghana would change for the better due to strict measures put in place by SIGA and also strengthen the working partnership with other relevant state institutions.

President Akufo-Addo to deliver Keynote Address at 2021 Performance Contract Ceremony of SOEs

President Nana Addo Dankwa Akufo-Addo would on Monday July 26, deliver the keynote address at this year’s Performance Signing Ceremony of Specified Entities (SEs), including State Owned Enterprises, Joint Venture Companies and other Public Corporations. Director-General (D-G) of the State Interests and Governance Authority (SIGA), disclosed this during separate media interviews ahead of the annual

NPRA Boss Recognised for Contribution to Pension Industry

A citation accompanying the award said: “Under your leadership, the NPRA has chalked up many significant successes, key among them being the transfer of an outstanding GH¢3.1 billion in tier two pension funds to the custodial accounts of the various labour unions’ pension schemes, the opening of Sunyani and Takoradi Zonal Offices of the NPRA and the launching of a pension scheme for cocoa farmers.”

We Are Seeking Strategic Partnership for SOEs – Hon. Joseph Cudjoe

The Minister of Public Enterprise Hon. Joseph Cudjoe says his Ministry and the State Interests and Governance Authority (SIGA) would be seeking strategic partners for State Owned-Entities (SOEs). Hon. Cudjoe made this revelation when he paid a day’s working visit to the State Interests and Governance Authority. He was accompanied by Madam Christina Edmund, Chief

Cut Down Unnecessary Expenditure- SIGA Boss to State Enterprises

The Director-General of State Interests and Governance Authority (SIGA), Mr. Stephen Asamoah-Boateng, has urged state-owned enterprises to as a matter of urgency cut down on all unnecessary expenditures to help the SOEs come out successful. Listing down three things he believes will enable the state-owned enterprises to be successful, Mr. Asamoah Boateng urged that productivity

Press Release: SIGA GOES PAPERLESS

Accra, 27th May,2021. The State Interests and Governance Authority (SIGA) has gone live with the implementation of its Smart Workplace (SWP). The Smart Workplace is a Government of Ghana (GoG) digital solution which leverages mobility and productivity tools to ensure the operation of a paperless office and process automation aimed at increasing productivity. SWP has

Ghana Gas hints on the production of fertilizers and other agrochemicals

Ghana National Gas Company (GNGC) is to venture into the production of fertilizers and other agrochemicals as it expands its operations. This was disclosed by the Chief Executive Officer, Dr. Ben Asante, when he received a delegation of Ministers including Public Enterprise Minister, Joseph Cudjoe; Employment and Labour Relations Minister, Ignatius Baffour-Awuah; and the Director-General

AFD GHASORG SUPPORT: Message from Director-General of SIGA

The Ghana SOEs Oversight, Reforms, and Governance technical assistance program (GHASORG) by Agence Française de Développement (AFD) has offered a tremendous boost to how the State Interests and Governance Authority (SIGA) monitors the performance of State-Owned Enterprises (SOEs), Joint Venture Companies (JVCs) and other Specified Entities (OSEs) This project will assist SIGA in fulfilling its

Highlights on The President’s Address to The Nation on The Covid-19 Pandemic (Update No. 25)

In the President’s last address, he stated that he was embarking on a nine-day official working visit to France, Belgium and South Africa as part of efforts to ensure the nation’s post covid economic recovery is fast and sustained. He added that the update had been pre-recorded prior to leaving the country. He further expressed

Hon. Stephen Asamoah-Boateng challenges CEOs to adopt leadership approaches that ensure business continuity post-COVID

The Director General of the State Interests and Governance Authority, Stephen Asamoah Boateng has called on CEOs and corporate Ghana to adopt leadership approaches that balances competing interests to enable their businesses thrive beyond the devastating effect of COVID. Delivering the keynote speech at the 5th CEOs Summit at the Kempinski Hotel Gold Coast City

SIGA congratulates State Housing Company Managing Director for being adjudged the 2021 best CEO

The Director-General of the State Interests and Governance Authority (SIGA), Stephen Asamoah-Boateng has congratulated the Managing Director of the State Housing Company Limited (SHC), Kwabena Ampofo Appiah for being adjudged “The Best CEO — 2021” by the Trade Union Congress (TUC). Mr. Asamoah-Boateng lauded the Managing Director for his visionary leadership, diligence, and drive in

SIGA embarks on a Strategic Session for better performance

The Director-General, Hon. Stephen Asamoah-Boateng and the entire Management Team of the State Interests and Governance Authority (SIGA) on Thursday, 22nd April 2021 embarked on a three-day Strategic Session at the Aqua Safari Beach Resort, Ada.  This was aimed at brainstorming on ways to develop an effective course of action for bringing the Authority to

TDC Development Company Limited donates to the COVID 19 Trust Fund

The Management Team of TDC Development Company Limited (TDC), on Tuesday March 16th, 2021, donated GH₵15,000 through the State Interests and Governance Authority (SIGA) to the COVID-19 National Trust Fund. The donation was made on behalf of TDC by Mrs Olivia Opoku Adomah, Ag. Head of Performance Monitoring and Evaluation Division of SIGA. Receiving the

Renewables, energy efficiency key to local competitiveness under AfCFTA – AGI

The adoption of renewable energy and energy efficiency could help local producers to considerably cut down cost of production and improve their competitiveness, the Association of Ghana Industries (AGI), has said. In 2020, the AGI ranked the cost of energy among the top two concerns of local producers but its Chief Executive Officer, Seth Twum

Highlights on the President’s address to the nation on the Covid-19 pandemic to the Nation (Update No. 23)

In his last address, the President’s hope was that we would begin to see an improvement in our case count. Two weeks from that address, the situation is even worse. As of Friday, 29th January, sixty-four (64) more people have, sadly died, over the last two weeks, bringing the total number of confirmed deaths to

SIGA clarifies dissolution of Boards

The Executive Director of the State Interests and Governance Authority (SIGA), Mr. Stephen Asamoah-Boateng, has explained that the presidential directive on the dissolution and reconstitution of statutory Boards and Corporations does not affect state-owned enterprises (SoEs) that are limited liability companies and those listed on the Ghana Stock Exchange (GSE). Consequently, he said, SIGA had

Inaugural Address By The President Of The Republic, Nana Addo Dankwa Akufo-Addo

Inaugural Address By The President Of The Republic, Nana Addo Dankwa Akufo-Addo, At His Swearing In As President Of The Republic And Commander-In-Chief Of The Ghana Armed Forces, On Thursday, 7th January 2021. Mr Speaker, I extend a hearty akwaaba, our word of welcome, to their Excellencies, the distinguished leaders of sister states from our region and

Update No 21: Measures Taken To Combat Spread Of Coronavirus

Address To The Nation By The President Of The Republic, Nana Addo Dankwa Akufo-Addo, On Updates To Ghana’s Enhanced Response To The Coronavirus Pandemic, On Sunday, 3rd January 2021. Fellow Ghanaians, good evening. I wish all of you a happy and prosperous New Year. We have to be thankful to Almighty God for seeing us through

Hollistar Duah-Yentumi

WELCOME ADDRESS BY HOLLISTAR DUAH-YENTUMI (MS.)-2020 POLICY AND GOVERNANCE FORUM

Mr. President, The Chief of Staff, Hon. Minister of Finance, Hon. Minister of State responsible for SIGA, Hon. Ministers, Members of Parliament, Director-General of SIGA, The Chair and Board Members of SIGA, Development Partners, Board members of SOEs, Niimei/Naamei, Representatives of the Media, Invited Guests, Members of the Press, Ladies and Gentlemen; On behalf of

Address by Hon. Dr Kwaku Afriyie, Minister in charge of State Interests and Governance Authority (SIGA) at the 2020 Annual Policy and Governance Forum

Your Excellency, Nana Addo Dankwah Akufo-Addo, President of the Republic of Ghana, colleague Ministers, Board Chairman of SIGA and other Board Members, the Director-General of SIGA, Board Chairs and Members of Specified Entities, Members of the Diplomatic Corps, CEOs and other Heads of the various Specified Entities, Development Partners, Members of the Press, Distinguished Ladies

GCB logo

G-Money partners Eliho for digital payment

GCB Bank Limited, Ghana’s largest and first indigenous Bank has partnered Eliho Ghana Ltd. to facilitate the transfer and receipt of funds in the cocoa farming and purchasing ecosystem, using the G-Money platform. The G-Money/Eliho partnership is an outcome of the Bank’s interest in providing financial inclusion for the partially banked and unbanked population of

Cocobod signs $1.3 Billion Dollars Trade Finance Facility for the Year 2020/2021 Crop Season

Ghana Cocoa Board (COCOBOD), in collaboration with a consortium of International Financiers, has signed an agreement that will bring in an amount of One Billion, Three Hundred Million United States Dollars ($1,300,000,000.00) to the Ghanaian Economy.  The Pre-Export Trade Finance Facility has been contracted at a competitive interest rate plus libor of 1.75%.  The signing

Update No. 17: Measures Taken to Combat Spread of Coronavirus

The President affirmed that, as at Friday, 18th September 2020, the number of active cases for the global pandemic in Ghana had reduced considerably to five hundred and seven (507) persons. A total of forty five thousand two hundred and fifty-eight (45,258) persons have recovered and two hundred and ninety-seven (297) persons, a great majority

Akufo Addo hails GEXIM bank leadership

President Nana Addo Dankwa Akufo-Addo has hailed the CEO of Ghana Exim Bank, Lawrence Agyinsamm and its leadership for their respective roles in building and supporting industries to progress in the country. The acknowledgement comes in the wake of credit support that GEXIM bank has extended to over 100 startups and ailing companies to expand

GRA contemplates incentives for filing tax returns online

The Ghana Revenue Authority (GRA) will soon outline some incentives that would accompany the filing of tax returns online through the Integrated Tax Application Preparation System (ITAPS) in a move to encourage compliance. Acting Commissioner-General of the GRA, Ammishaddai Owusu-Amoah, told the B&FT in an interview that a channel migration strategy is being developed to

Update No. 16: Measures taken against spread of Coronavirus

As at Friday, 28th August, the number of active cases had reduced to one thousand, and fifty-nine (1,059) persons. A total of forty-two thousand, nine hundred and sixty-three (42,963) persons have recovered, and two hundred and seventy-six (276) persons, a great majority of them with underlying illnesses, such as hypertension, diabetes and chronic liver disease,

Easing of restrictions brings back business confidence – report

The confidence of businesses in the economy has started inching up after the relaxing of COVID-19-induced restrictions on the movement of people and some businesses, new data from the Bank of Ghana (BoG) have shown. When the country recorded its first case of coronavirus in March this year, government introduced a number of restrictions which

Update No. 15: Measures Taken Against Spread of Corona Virus

The President expressed his profound gratitude to the Chairperson of the Electoral Commission, Mrs. Jean Mensa; her two Deputies, Dr. Eric Asare Bossman and Mr. Samuel Tettey, and the entire Commission for the efficient, safe, and transparent nature of the registration exercise, where, for the first time in our nation’s history, Ghanaians were provided with

COCOBOD takes steps to revive cocoa production …Kick-starts massive rehabilitation of farms in Western North and Eastern

Ghana Cocoa Board (COCOBOD) has rolled out a rehabilitation programme for cocoa farms affected by the swollen shoot disease in the Western North Cocoa Region. As part of the rehabilitation exercise, COCOBOD has directed all diseased cocoa trees to be cut down for re-planting with new hybrid cocoa seedlings. Cocoa production in the country has

Stephen Asamoah-Boateng

Bonuses, allowances of State-Owned Enterprise workers slashed over Covid-19 losses – Asamoah-Boateng

The bonuses, allowances, per diems, and other entitlements and comfort of State-Owned Enterprises workers have been scrapped due to the Covid-19 loses. This comes after government directed all SOEs to cut down their expenditure by about 30 per cent. So far, 18 out of 28 of the Enterprises are projected to lose in excess of

Update No 14: Measures Taken To Combat Spread Of Coronavirus

Address To The Nation By The President Of The Republic, Nana Addo Dankwa Akufo-Addo, On Updates To Ghana’s Enhanced Response To The Coronavirus Pandemic, On Sunday, 26th July, 2020. Fellow Ghanaians, good evening. I am happy that I have the opportunity this evening to engage with you, again, in your homes. I want, at the

My office is to serve Ghanaians not my friends – Stephen Asamoah-Boateng

The Director-General of the  State Interests and Governance Authority (SIGA), Mr. Stephen Asamoah-Boateng (in the middle), says his office is to serve Ghanaians and deliver results. He said he would, therefore, not look on unconcerned when appointed Chief Executive Officers (CEOs) were not performing.  He explained further that his mandate is to protect state institutions

SOEs are far from Economic Crisis – SIGA Boss

The Director-General of the State Interests and Governance Authority (SIGA), Mr. Stephen Asamoah-Boateng believes Ghana is well positioned and far from an economic crisis resulting from the outbreak of the novel coronavirus pandemic. Mr. Asamoah-Boateng who was speaking on Joy News’ PM Express, said heads of the various government institutions were directed in March by

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Asamoah-Boateng rates Oppong Nkrumah as one of the best performing Ministers

Information Minister, Kojo Oppong Nkrumah has been rated as one of the best performing Ministers by Mr. Stephen Asamoah-Boateng, Director-General of the State Interests and Governance Authority (SIGA). Asamoah-Boateng also believes Oppong Nkrumah has a pleasant personality which eases tension and pressure. Speaking on PM Express on Joy TV, Mr. Asamoah-Boateng said the Information Minister

COVID-19: Tourism revival requires stern enforcement of safety protocols

To revive the  ailing tourism industry from the doldrums of coronavirus, amidst the new normal business climate, it is imperative for industry players to brace themselves for stern enforcement of precautionary health measures and safety protocols, Mr. Joseph Appiagyei, Acting Manager of Ghana Tourism Authority (GTA), in charge of Bono, Bono East and Ahafo Regions,

ADB partners GIRSAL to de-risk agric

Managing Director of the Agricultural Development Bank (ADB) Dr. John Kofi Mensah has disclosed that the establishment of key institutions like the Ghana Incentive Based Risk Sharing Agricultural Lending (GIRSAL) has helped the bank invest more in the agricultural sector. According to the ADB MD, since 2018 the bank has introduced an initiative to de-risk

No better time to formalise informal economy than now – TUC

Government must use its coronavirus stimulus package for Small and Medium-Sized Enterprises (SMEs) as a catalyst to formalise the informal economy, the Trades Union Congress (TUC) has urged. As part of requirements for accessing the GH₵1billion support, prospective applicants are required to have Tax Identification Number (TIN), be registered, must employ between one and 99

update 10 speech costume of the president

Phase one of reviving economy out-doored … as restaurants, conferences, schools open partially

President Nana Addo Dankwa Akufo-Addo has introduced what he calls a ‘phased approach’ to bring the economy back to life as he has eased some restrictions imposed on social gatherings and the movement of people to contain the rapid spread of the coronavirus. Despite the number of recorded cases hitting more than 8,000 as of