“Persistent underperformance will attract consequences” — President Mahama warns
By: Celestine Avi and Seth Eyiah President John Mahama has warned that State-Owned Enterprises, SOEs, that consistently fail to deliver results will face consequences, including changes in leadership. The warning comes against a background of years of persistent losses, mounting liabilities, weak financial returns, governance challenges and dependence on government support among some state…
President John Mahama recently cautioned that state-owned enterprises (SOEs) consistently underperforming will face consequences, which may include changes in leadership. The concern stems from numerous years of persistent losses, growing liabilities, subpar financial returns, governance issues, and SOEs' reliance on government support.
Speaking at the SIGA Governing Boards and CEOs Conference in Accra, Mahama emphasized that state enterprises must generate observable benefits for Ghanaian citizens and should not use the national budget as an endless safety net. While acknowledging some SOEs made significant financial strides in 2025, Mahama cautioned that the improvements must be maintained.
He warned that persistent underperformance will lead to corrective measures, which may involve leadership changes when deemed necessary.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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