{
  "id": 5770214,
  "title": "SIGA reporting should distinguish commercial performance from public service – Yaw Appiah Lartey",
  "url": "https://urgent.news/2026/09/05/siga-reporting-should-distinguish-commercial-performance-from-public",
  "topic": "world",
  "section": "World",
  "published": "2026-09-05T11:28:40.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/siga-reporting-should-distinguish-commercial-performance-from-public-service-yaw-appiah-lartey/"
  },
  "original_language": "en",
  "account": "Lawyer Yaw Appiah Lartey, a partner at Deloitte, has urged the State Interests and Governance Authority (SIGA) to separate the reporting of commercial entities from public-service institutions. He argues that combining these types of organizations in a single report can distort the true performance of state-owned entities. During an interview on JoyNews’ Newsfile, Mr. Lartey emphasized that SIGA should tailor its reporting based on the nature and mandate of the entities under its supervision. He pointed out that around 90% of the entities reported by SIGA are involved in commercial activities, while roughly 10% are public-service institutions or special-purpose vehicles. Mr. Lartey recommended that commercial entities be evaluated primarily based on profitability and operational performance, while public-service entities should be assessed on the services they are mandated to provide. He cited the Ghana Education Trust Fund (GETFund) as an example of how merging public-service and commercial entities could lead to misleading results. He argued that approximately 99% of GETFund's revenue comes from parliamentary allocations, meaning that its financial position can reflect government funding rather than the expected commercial profitability of a business entity. Separate reporting categories, according to Mr. Lartey, would involve reporting profit-making organizations as one group and public-service or non-profit-making organizations that deliver public services separately. He also suggested that consolidation should only occur when entities operate within comparable sectors and environments. Mr. Lartey praised SIGA and the government for improving the submission of audited financial statements, noting that the number of entities reporting audited accounts rose from 53 to 108. However, he cautioned that submitting audited accounts alone does not fulfill all corporate governance requirements. He stressed that state-owned entities must also ensure their financial statements go through appropriate governance processes, including annual general meetings (AGMs).",
  "summary": "Lawyer and Deloitte Partner, Yaw Appiah Lartey, has urged the State Interests and Governance Authority (SIGA) to separate commercial entities from public-service institutions in its reporting to provide a more accurate picture of the performance of state-owned entities.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}