Board of Directors and Chief Executives of State Owned Enterprises, SOE's have signed this year"s performance contract with government.
Under the agreement SOE’s must among other things submit documents for auditing; pay the correct dividends to government and complete targeted projects on time.
In all, 30 SOE’s including Ghana Broadcasting Corporation, GBC signed the agreement.
The Finance and Economic Planning Minister, Kwadwo Baah Wiredu, in a message asked SOE Boards of Directors and Management to make optimum use of both human and material resources and cut down on waste and losses.
He agreed though, that most SOE’s have collapsed, liquidated or divested owing to mismanagement and lack of planning.
Mr. Baah Wiredu urged SOE’s to use the right method and procedures to complete projects on time.
The Executive Chairman of the State Enterprises Commission, Frank Ocran appealed to government to make infrastructure and equipment available to SOE’s so they can in turn work effectively and produce better results.
Mr. Ocran emphatically called on government to promote SOE’s by providing adequate ICT at work places, since working with good equipment and materials in an enabling environment is essential.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
CHAN 2024Q: ‘It’s still an open game’ – Didi on Ghana’s draw with Nigeria
2 minutes -
CHAN 2024Q: Ghana’s Black Galaxies held by Nigeria in first-leg tie
1 hour -
Dr Nduom hopeful defunct GN bank will be restored under Mahama administration
2 hours -
Bridget Bonnie celebrates NDC Victory, champions hope for women and youth
2 hours -
Shamima Muslim urges youth to lead Ghana’s renewal at 18Plus4NDC anniversary
3 hours -
Akufo-Addo condemns post-election violence, blames NDC
3 hours -
DAMC, Free Food Company, to distribute 10,000 packs of food to street kids
4 hours -
Kwame Boafo Akuffo: Court ruling on re-collation flawed
4 hours -
Samuel Yaw Adusei: The strategist behind NDC’s electoral security in Ashanti region
4 hours -
I’m confident posterity will judge my performance well – Akufo-Addo
5 hours -
Syria’s minorities seek security as country charts new future
5 hours -
Prof. Nana Aba Appiah Amfo re-appointed as Vice-Chancellor of the University of Ghana
5 hours -
German police probe market attack security and warnings
5 hours -
Grief and anger in Magdeburg after Christmas market attack
5 hours -
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
6 hours