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
-
WAFU B U-17 Girls’ Cup: Black Maidens beat Nigeria on penalties to win inaugral tournament
35 minutes -
Real Madrid beat Sevilla to keep pressure on leaders Atletico
2 hours -
Liverpool put six past Spurs to go four points clear
2 hours -
Manchester United lose 3-0 at home to Bournemouth yet again
2 hours -
CHAN 2024Q: ‘It’s still an open game’ – Didi on Ghana’s draw with Nigeria
2 hours -
CHAN 2024Q: Ghana’s Black Galaxies held by Nigeria in first-leg tie
3 hours -
Dr Nduom hopeful defunct GN bank will be restored under Mahama administration
3 hours -
Bridget Bonnie celebrates NDC Victory, champions hope for women and youth
4 hours -
Shamima Muslim urges youth to lead Ghana’s renewal at 18Plus4NDC anniversary
5 hours -
Akufo-Addo condemns post-election violence, blames NDC
5 hours -
DAMC, Free Food Company, to distribute 10,000 packs of food to street kids
6 hours -
Kwame Boafo Akuffo: Court ruling on re-collation flawed
6 hours -
Samuel Yaw Adusei: The strategist behind NDC’s electoral security in Ashanti region
6 hours -
I’m confident posterity will judge my performance well – Akufo-Addo
6 hours -
Syria’s minorities seek security as country charts new future
7 hours