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Browsing: state-owned enterprises in Ghana
- Ten state-owned enterprises (SOEs) are being prepared for listing on the Ghana Stock Exchange (GSE).
- Most of these SOEs have appealed to the government through the Ministry of Finance to assist them in recapitalizing their businesses.
- The approval of the President of Ghana is required because these SOEs are wholly or partially owned by the government. Consequently, presidential approval is required for these companies to offer their shares on the stock market.
Ten state-owned enterprises in Ghana are about to be listed at the Ghana Stock Exchange (GSE) after being selected by the State Interest and Governance Authority (SIGA) and the Ministry of Public Enterprises following a market readiness assessment. The move is seen as a way to recapitalize these state-owned companies and make them a tool for economic development in the country.
The GSE’s executive director, Abena Amoah, made the announcement at SIGA’s just-concluded annual meeting in Kwahu Abetifi …