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
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
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
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
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
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
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
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 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
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
The Ghana Highway Authority (GHA) has urged government to give same priority it gives to new road projects to the maintenance of roads. GHA believes that the practice where we put so much focus on constructing new roads and neglect old existing ones must be corrected now. They made this call when an 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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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
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,
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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 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,
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),
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.
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
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
INCLUSION OF SOEs IN THE NATIONAL ACCOUNTS OF GHANA- 47 SOEs COMPLY
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
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
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
The Ministry of Public Enterprises (MPE) has launched the Public Enterprises League Table (PELT) Awards. The award, which was a promise made by the MPE minister, Hon. Joseph Cudjoe is to engender positive competition amongst SOEs, JVCs and Other State Entities. At a short press launch at the Castle in Osu, the Chief Director for
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
The Government of Ghana has prioritized revamping the Metro Mass Transit Limited (MMTL) with the acquisition of new buses in its 2022 Budget Statement and Economic Policy. The move was captured in the budget estimates of the Ministry of Transport, the sector Ministry under which MMTL operates as an Agency. At a plenary sitting on
“The remarkable performance posted in 2020, represents the first year of profitability after six continuous years of reducing your losses,” he said.
Dr. Ben Asante has over 25 years of experience in the oil and gas industry. He was the Technical Director of Ghana’s first Gas Infrastructure project and also developed the gas infrastructure master plan for Ghana in 2008.
“There is also a distribution enclave planned within the Prestea area, mostly for power generation for mineral processing,” he disclosed.
Hon. Stephen Asamoah-Boateng, the founding and outgoing Director-General of the State Interests and Governance Authority (SIGA) has thanked the Chief of Staff, Vice President and President of Ghana for the opportunity to serve.
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
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
Opening the ceremony, the Director-General of SIGA, Hon. Stephen Asamoah-Boateng enumerated the work of the board and told them the President has put a lot of trust in them to help transform their various Entities.
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
Hon. Dr. Matthew Opoku Prempeh has asked Chief Executives of specified entities and agencies to lead the way in Ghana’s energy efficiency and conservation efforts. This according to Dr. Prempeh is one of the important ways of ensuring the country’s energy security in the medium to long term. The Energy Minister made the call when
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.
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
Delivering the keynote address, Hon. Frema Osei- Opare, the Chief of Staff of the Ghana, charged heads of government institutions to champion the Ghana Beyond Aid agenda to help transform the country’s economy and spur development.
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
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
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
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.
Dr. Abdul-Hamid said Ghana is the only country in the sub-region that consumes the highest quality of fuel, and it is important to maintain such a characteristic. He therefore called for these activities to be tackled and reduced to the barest minimum.
The Executive Director of EPA, Dr. Henry Kwabena Kokofu who made this observation, expressed that the state agency is pleased with the activities of Zoomlion; stressing it will collaborate more with the company to save the environment.
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,
The Ghana Enterprises Agency (GEA) yesterday began the disbursement of GH¢13million to 212 applicants under the first tranche of the GH¢145million Ghana Economic Transformation Project (GETP) grant.
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
The Managing Director of Unilever Ghana, Mr. George Owusu-Ansah has paid a courtesy call on the Director-General of SIGA, Hon. Stephen Asamoah-Boateng.
With the rally towards more renewable sources of energy in full force, gas remains the best bet as a source of clean fuel for economies owing to its availability, sustainability and readiness of infrastructure to process it, Chief Executive Officer of the Ghana Gas Company, Dr. Ben K.D. Asante, has said.
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.
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.
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
The terminal will also help Intercity STC Limited to improve on its operations in the western corridor.
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
The Gaming Commission is a body corporate, established by the Gaming Act 2006 (Act 721), with the main purpose of regulating, controlling, monitoring and supervising the operation of games of chance in this country.
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.
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
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
The management of the Bulk Oil Storage and Transportation Company Limited (BOST) has assured the public of the safety of fuel products from the company.
The National Petroleum Authority (NPA) has announced the removal of the Price Stabilisation and Recovery Levies (PSRL) on petrol, diesel and Liquefied Petroleum Gas (LPG) for a period of two months.
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.”
DIVAS is an acronym for Daring, Intelligent, Vivacious Assertive, and Supportive.
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.
BONSU is an online Public Relations Management platform instituted by the Information Services Department (ISD) to provide public relations support to Ministries, Departments, and other State Agencies.
The Bulk Oil Storage and Transportation Company Limited (BOST) says it has reduced its trade liabilities by over three-quarters.
The above revelation was made by the Director-General of the State Interests and Governance Authority (SIGA), Hon. Stephen Asamoah-Boateng when he appeared on the late news interview segment on UTV.
State-Owned Enterprises (SOEs) revenue increases from GH¢13.66bn in 2015 to GH¢28.56bn in 2019 according to the State Ownership Report.
The draft Code of Corporate Governance was put together as part of SIGA’s mandate to guide and promote sound corporate governance practices among State Owned Enterprises (SOEs), Joint Venture Corporations (JVCs) and Other State entities (OSEs).
State Interests and Governance Authority (SIGA) and the Ministry of Public Enterprises have organised a consultative forum on Code of Corporate Governance.
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
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.
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.
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
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.
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.
We can ensure that BOST becomes the best-managed institution in the country by working together with SIGA.
The Director-General of State Interests and Governance Authority (SIGA) Hon. Stephen Asamoah-Boateng has been sworn in as a member of the new Governing Council of the Ghana Institute of Management and Public Administration (GIMPA).
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.
The Director of Public Investments and Assets Division (PIAD) at the Ministry for Finance has hinted that SIGA would be coordinating financial reports of SOEs from 2021.
The President made the call while delivering the Keynote address at the annual Performance Contract Signing Ceremony organised by the State Interests and Governance Authority at the Movenpick Ambassador Hotel in Accra
The signing of the performance compact by the 70 entities is expected to take place at the Mövenpick Ambassador Hotel on the 26th July 2021.
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 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
The Director General of SIGA, Mr Asamoah-Boateng expressed appreciation to the GhanaRE for its commitment to paying dividends to the government every year.
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.”
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
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
All I’m saying is when we look at every sector where the state had poured investment in, if the outcomes have been what we expected as we made the investment, today, Ghana would be doing very well
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 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
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
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
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
He said innovative digital technology was critical in the Fourth Industrial Revolution and, therefore, imperative for businesses and decision-makers to employ it in their operations and in governance to revitalise the economy.
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
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
The Ghana Ports and Harbours Authority has been handed the Kpone Unity Terminal by the project engineers following its completion. GPHA will now take over full control of activities at the facility.
“SIGA is a new institution, and my expectation is that you would help develop a new culture and should not be bounded by the old culture and practices of its predecessors. It is a general agreement that these old institutions did not work in the interest of our people and our country, and that is
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
TOR is a prized and strategic national asset and can fulfill its mandate if all stakeholders come together in a purposive way to give true meaning to President Akufo-Addo’s vision of a Ghana Beyond Aid.
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
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
Fellow Ghanaians, good evening. Before I start, let me use this opportunity to thank you all and Almighty God for enabling me to swear, for the second time, the oath of office as President of the Republic. The ceremony took place after I last spoke to you. I promise I will do my very best
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, 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
Mr Speaker, Before I proceed, I will beg the indulgence of the House to join me in standing up and observing a minute’s silence in memory of the dynamic 1st President of the 4th Republic, His Excellency Jerry John Rawlings, who, sadly, passed away on 12th November 2020. May his soul rest in perfect peace
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
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
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 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
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
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
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
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
Provide training and conduct examinations in accordance with international best practice to improve the skills and competencies of all those working in and aspiring to work in marketing;
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,
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
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
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
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
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
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
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
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
From tomorrow, Monday, 29th June, 2020, final year Junior High School students, in seventeen thousand, four hundred and thirty nine (17, 439) schools across the country, will return to school to prepare and sit for the Basic Education Certificate Examination (BECE). They will be the final, and, indeed, the largest batch of students to return
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,
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
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
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
