Mahama raises alarm over GH¢282bn SOE liabilities despite GH¢407.85bn assets
President John Dramani Mahama has raised concerns over the growing liabilities of Ghana’s State-Owned Enterprises (SOEs), which stood at approximately GH¢282 billion as of December 2025, despite the entities holding aggregate assets worth GH¢407.85 billion.
President John Dramani Mahama has expressed worry over the mounting liabilities of Ghana's State-Owned Enterprises (SOEs), which reached around GH¢282 billion by December 2025, while the companies possessed total assets valued at GH¢407.85 billion. Addressing the SIGA Governing Boards and CEOs Conference 2026 on September 10, Mahama emphasized the pressing need for action on the financial standing of state-owned businesses, especially considering the deficits noted in various sectors of public entities.
He revealed that most venture companies had assets worth GH¢96.69 billion but liabilities of GH¢82.7 billion. Conversely, other state entities boasted assets of about GH¢341.6 billion, yet liabilities were significantly higher, totaling GH¢382.75 billion. "By the end of 2025, state-owned enterprises held aggregate assets of GH¢407.85 billion and liabilities of approximately GH¢282 billion.
Majority venture companies held assets of GH¢96.69 billion and liabilities of GH¢82.7 billion. Other state entities held assets of approximately GH¢341.6 billion but liabilities of GH¢382.75 billion," stated President Mahama.
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