Audio By Carbonatix
The Director General of the State Interest and Governance Authority (SIGA), Edward Boateng, is urging State Enterprises to emulate the Ghana Reinsurance by registering consecutive profits in order to declare dividends for the government.
According to him, that is the only way in which such entities will stay competitive and refrain from depending on the government for financial support.
Ghana Reinsurance has paid dividends to government for the past 20 years.

Speaking to Joy Business at the launch of the 50th anniversary of Ghana Reinsurance, Mr. Boateng said leaders of state enterprises should exhibit efficient management techniques in running their organisations by learning from the past.
“We really admire and appreciate what they’ve done; and we believe that the case and the story of Ghana Reinsurance should be written so that it can be studied in schools”.
“It can be studied by leaders of special entities as to how to get results. On the 50th anniversary, we congratulate past and current management, he added.

Mr. Boateng expressed unhappiness about the failure of successive leaders to continue the good works of their predecessors.
“In Ghana, most of the time when a new leader assumes officer, they don’t continue what the old leader did”. What we’ve learned today is an example. Each leader has built upon what the previous leader has done and that is what we expect all other leaders going forward to do”, he mentioned.
Latest Stories
-
Trade Minister applauds GUTA as a pillar of economic growth; Prez Mahama honoured
53 minutes -
President’s brother’s takeover of Damang Mines is ‘untidy’ – Alhassan Tampuli
59 minutes -
It’s not true that gov’t decided not to renew the lease for Gold Fields – Bobby Banson
1 hour -
Ghana to boost tomato production with 60-hectare irrigated farms and processing initiatives
1 hour -
E&P’s takeover process of Damang Mines was very clean – Inusah Fuseini
1 hour -
Damang takeover: There is not going to be any job loss; it is a lease change – Bobby Banson
2 hours -
Gold Fields didn’t stop mining at Damang mines; such claims are untrue – Bobby Banson
2 hours -
Engineers and Planners currently operate only in Ghana – Bright Simons
2 hours -
Lands Minister has no legal basis to restrict lease to Ghanaian firms – Bright Simons
2 hours -
Gov’t’s refusal to renew Gold Fields’ lease was simply untenable – Bright Simons
2 hours -
SOS Children’s Villages Ghana deepens partnership with Gender Ministry
3 hours -
Gender Ministry celebrates Christina Koch, reaffirms commitment to empowering girls
3 hours -
Live stream: Newsfile digs into E&P’s takeover of Damang Mines, OSP powers and Anti-LGBTQ Bill
3 hours -
Moody’s maintains Ghana’s rating at Caa1, revises outlook to positive
4 hours -
Zambia elevates tourism education to national priority as President Hichilema backs continental summit
4 hours