Ghana: Loss-making SOEs to be shut down …President warns

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Rédaction Africa Links 24 with Ghanaian Times
Published on 2025-03-14 07:42:19

President John Mahama has given the strongest indication yet that loss-making State Owned Enterprises (SOEs) will not be tolerated under his watch.

“They’ll strictly be reformed, merged, privatised or shut down,” he said at a meeting with Chief Executives Officers of specific SOEs in Accra yesterday.

The meeting comes on the back of revelations that SOE debts cross GH¢200 billion with the COCOBOD and the ECG leading the pack.

According to President Mahama, “the…

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