Ghana IntelBrief
Back to Latest Briefings
SIGA reporting should distinguish commercial performance from public service – Yaw Appiah Lartey
September 5, 2026
AI-Enhanced

SIGA reporting should distinguish commercial performance from public service – Yaw Appiah Lartey

Money
Policy
Growth

Key Points

  • Yaw Appiah Lartey urges the State Interests and Governance Authority (SIGA) to separate reporting for commercial state-owned entities (SOEs) and public-service institutions.
  • He argues that combining these entities distorts overall financial performance assessment, as profit-making and public-service mandates differ.
  • Lartey proposes distinct reporting categories for profit-making organizations and non-profit public-service institutions, citing GETFund as an example of misleading aggregation.
  • He commends SIGA and the government for the significant increase in the submission of audited financial statements by SOEs, from 53 to 108.
  • Despite improvements, he stresses that submitting audited statements alone is insufficient, emphasizing the need for full corporate governance compliance, including annual general meetings (AGMs).

Why This Matters

Accurate financial reporting of State-Owned Entities (SOEs) is vital for Ghana's economic health and governance. Distorted reporting can lead to misinformed policy decisions, inefficient resource allocation, and a lack of accountability within public institutions. Implementing these recommendations would enhance transparency, improve the performance of SOEs, and foster better public financial management.

Read Full Article

View original source

Related Articles

Former SSNIT board chair demands CHRAJ findings on “hotels scandal”

September 4, 2026

Former SSNIT board chair demands CHRAJ findings on “hotels scandal”
  • Former SSNIT Board Chairperson, Elizabeth Ohene, has publicly demanded that the Commission on Human Rights and Administrative Justice (CHRAJ) release its findings on the controversial SSNIT hotels divestment petition.
  • The petition, filed over two years ago by MP Samuel Okudzeto Ablakwa, alleged "stinking corruption" in the proposed sale of a 60% interest in SSNIT-owned hotels.
  • Ohene's open letter to Chief Justice Paul Baffoe-Bonnie criticizes his recent video remarks which she interprets as discrediting her past administration at SSNIT and praising the current one without full context.
  • She highlights the severe reputational damage she and others suffered due to the corruption allegations and the prolonged absence of CHRAJ's investigative findings.
  • Ohene also questioned the Chief Justice's perceived politicization of his office and urged him to ensure justice by pressing for the public disclosure of the CHRAJ report.
Read full briefing

Education hub status has not translated into enough opportunities for Cape Coast residents – Expert

September 4, 2026

Education hub status has not translated into enough opportunities for Cape Coast residents – Expert
  • Cape Coast, despite its status as an education hub, has not translated its academic strengths into sufficient economic opportunities for residents.
  • A key challenge is the disconnect between knowledge production in universities and its practical application and investment in the local economy.
  • Prof Ampah-Mensah urged successful indigenes to invest back into Cape Coast and called for stronger links between academic research and policymaking.
  • He advocated for a fundamental shift in education towards skills development, practical application, and cultivating the right attitudes (head, hand, heart) over mere knowledge acquisition.
  • He also stressed the importance of local residents taking advantage of available educational opportunities and called for community sensitization to improve school attendance.
Read full briefing

CUTS Warns Against Cartel Conduct As Cement Producers Agree On Uniform GH¢12 Surcharge

September 5, 2026

CUTS Warns Against Cartel Conduct As Cement Producers Agree On Uniform GH¢12 Surcharge
  • CUTS International has raised competition concerns over the Chamber of Cement Manufacturers, Ghana (COCMAG)'s uniform GH¢12-per-bag clinker demurrage surcharge, labeling it as potential cartel conduct.
  • COCMAG justified the surcharge due to severe congestion at Tema Port, leading to vessel waiting times of 30-40 days and estimated industry-wide demurrage costs of US$45-50 million in the first eight months of 2026.
  • CUTS argues that while manufacturers have a right to recover costs, competing firms with differing cost structures should independently determine their prices or surcharges, not collectively agree on a uniform amount.
  • The think tank cited the airline industry's independent fuel surcharges as a comparative example, emphasizing that a common industry problem does not necessitate a common industry price.
  • CUTS called for urgent government intervention to address port operational constraints and stressed the critical need for Ghana to pass its Competition and Fair-Trade Practices legislation and establish an effective national competition authority.
Read full briefing