The State Interests and Governance Authority (SIGA) has released the 2025 State Ownership Report (SOR), the tenth edition of Ghana’s flagship account of the performance of its Specified Entities, and the fifth published by SIGA since the Authority’s establishment in 2019. Covering 162 of the 175 approved Specified Entities comprising 53 State-Owned Enterprises (SOEs), 36 […]
Tag: SIGA
Governance Pays Off: NAFCO Reverses GH¢19m Loss, Posts GH¢91.7m Profit in 2025
The State Interests and Governance Authority (SIGA) commends the National Food Buffer Stock Company (NAFCO) for one of the most remarkable financial recoveries ever recorded by a State-Owned Enterprise in Ghana. In 2025, NAFCO erased a loss of GH 19 million posted in 2024 and replaced it with a net profit of GH 91.7 million. […]
The Real Honour Is Service, Not Paid Recognition
Early this month, I received a letter from an organisation styling itself as the “Ghana Ministers of State Excellence Honours.” The letter informed me that I had been adjudged “Best CEO of the Year” and invited me to receive the award at an event scheduled to take place at the La Palm Royal Beach Hotel. […]
SIGA commends TOR for historic financial turnaround and submission of six years of audited accounts
The State Interests and Governance Authority (SIGA) commends the Board, Management, and Staff of Tema Oil Refinery (TOR) for the successful completion and submission of outstanding Audited Financial Statements for 2019, 2020, 2021, 2022, 2023, 2024 and 2025. This achievement marks a major milestone in the TOR’s governance, compliance, and accountability journey, especially considering that […]
SIGA Dissociates Itself from Ghana CEO Summit & Expo
The State Interests and Governance Authority (SIGA) has publicly distanced itself from the upcoming 10th Ghana CEO Summit & Expo, stating that it has neither authorised nor entered into any partnership agreement with CEO Network Ghana, also known as Chief Executives Network Ghana. In a statement issued by its Corporate Affairs Unit, SIGA said it […]
Changes at SIGA; John Boadu appointed acting Director General and promises to ensure profitability
There has been changes at the State Interests and Governance Authority (SIGA) with former General Secretary of the New Patriotic Party (NPP), John Boadu appointed as the new acting Director General. He takes over from Hollistar Duah-Yentumi who had been acting as Director-General since November 20, 2023. Ms Duah-Yentumi served as the General Manager in […]
Asamoah Boateng leaves SIGA to focus on NPP chairmanship
The Director-General of the State Interest and Governance Authority (SIGA), Mr Stephen Asamoah-Boateng, has decided not to seek an extension of his tenure in office when it ends next month. The decision is to allow him to contest the chairmanship of the New Patriotic Party (NPP). Mr Asamoah-Boateng’s decision not to continue as the SIGA […]
SIGA outlines cyber security requirements for SOEs
The Director-General of the State Interests and Governance Authority (SIGA), Mr Stephen Asamoah-Boateng, has urged state-owned enterprises (SOEs) to put in the necessary structures to protect their organisations from cyber-attacks. Henceforth, he said, the deployment and the promotion of cyber security measures in organisations would feature prominently in the performance assessment of SOEs. Mr Asamoah-Boateng, […]
SIGA clarifies dissolution of boards
The Executive Director of the State Interest 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 […]
‘’Your continued stay in office depends on meeting targets in your performance contracts’’-Bawumia warns gov’t appointees
The Vice President, Dr. Mahamudu Bawumia has described the State Interest Governance Authority (SIGA) as one that has been created to ensure enhanced transparency and accountability in the running of state institutions. Dr. Bawumia who was speaking during the signing of performance contracts for Boards and Management of specified entities on one hand, and government […]
Ghana Gas Boss, Nana Akomea, David Asante and Kofi Ghana recognised for exemplary leadership
The Chief Executive Officer of the Ghana Gas Company, Dr. Ben Asante together with three other Chief Executives of state agencies have been recognized for their exemplary leadership, culminating in the total transformation of their respective entities. The Chief Executive Officer of the State Transport Company, (STC) Nana Akomea, the Managing Director of GIHOC Distilleries, […]
SIGA to strengthen performance of state enterprises – Nana Addo
President Nana Addo Dankwa Akufo-Addo has launched State Interest and Governance Authority (SIGA), an entity that has been mandated to ensure the efficient management and viability of state-owned enterprises in the country. The newly instituted entity, established by ACT 990 of 2019, replaces the State Enterprises Commission and the Divestiture Implementation Committee. Effectively, the statutes […]












