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State-owned enterprises post GHC 586.4m losses in 2019


State-owned enterprises post GHC 586.4m losses in 2019

July 30, 2021 at 9:13 AM

The value of Ghana’s 126 State-Owned Enterprises (SOEs) is GH?110 billion, representing approximately 27% of the nation’s 2020 gross domestic product (GDP).

Prudent management to generate 10% return on the assets can generate GH?11 billion to the national coffers and the enterprises, resulting in the employment of more than 700,000 people in the public and civil service.

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