Ghana’s state-owned enterprises return to profit with GH¢19.8bn gain in 2025 — SIGA
Ghana’s state-owned enterprises (SOEs) recorded a consolidated net profit after tax of GH¢19.80 billion in the 2025 financial year, ending four consecutive years of net losses, according to the State Interests and Governance Authority (SIGA).
Ghana's state-owned enterprises (SOEs) have returned to profitability in 2025, posting a consolidated net profit of GH¢19.80 billion, according to the State Interests and Governance Authority (SIGA). This marks the first time in four consecutive years of losses and represents a significant improvement from the GH¢2.25 billion net loss in 2024, as total SOE revenue increased by 28.12% from GH¢137.64 billion to GH¢176.43 billion.
The SOE sector's strong performance was driven by growth in the agriculture, manufacturing, and infrastructure sub-sectors, with revenues up 203.71%, 114.74%, and 92.24%, respectively. Despite the recovery, SIGA warned that financial risks remain concentrated in certain enterprises, with five SOEs recording losses every year between 2021 and 2025.
Joint venture companies and other state entities also faced financial challenges, with their combined net deficit rising to GH¢10.48 billion in 2025. The improved economic environment, characterized by strong GDP growth, lower interest rates, and a stronger cedi, contributed to the SOEs' positive performance.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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