61 out of 185 SOEs met April 30 deadline for submitting 2025 financial statements
State Interests and Governance Authority (SIGA) received 61 out of 185 state-owned enterprises, joint ventures and other specified entities' 2025 financial statements by the statutory April 30 deadline. This represents a compliance rate of roughly 32%, according to SIGA's compliance dashboard dated May 1, 2026.
Among the entities that complied with the deadline were the Bank of Ghana, Electricity Company of Ghana, Ghana Publishing Company Limited, Ghana Civil Aviation Authority, Ghana Gold Board, Ghana Gas, Ghana National Petroleum Corporation and Petroleum Hub Development Corporation. Five entities formally requested extensions while 14 others indicated that their audits had been delayed. More than 100 entities had neither submitted their financial statements nor provided reasons to SIGA for the delay as of May 1.
Entities listed as non-compliant included the Minerals Development Fund, Metro Mass Transit, Ghana Tertiary Education Commission, Minerals Commission, National Communications Authority, District Assemblies Common Fund, Lands Commission, Youth Employment Agency, Ghana Broadcasting Corporation and National Road Safety Authority. The fact that more than 60% of state-owned enterprises, joint ventures and state entities failed to comply with the statutory deadline raises broader questions about financial reporting discipline, institutional compliance and the enforcement of accountability measures within the public sector. The SIGA compliance list referenced was dated May 1, 2026, and any entities that submitted their financial statements after that date would not be reflected in the list.
Quick Summary
SIGA required 185 state-owned enterprises and joint ventures to submit their 2025 financial statements by April 30. The fact that many missed the deadline raises questions.
Summary - read the full story for complete context.
Image: Joy Business
GhanaFront aggregates news from trusted sources. Click to read the original article.
Keywords
Explore related tagsMore from Joy Business
Related Stories
More from Business & Economy
African governments must back African multinationals - Dr Ishmael Yamson
Discover why a prominent business leader believes African governments must change their approach to supporting home-grown multinational companies.
22h ago•3 min read
IMF cautions Ghana over energy sector despite progress made in paying energy debts
Despite Ghana's efforts to settle energy debts, the IMF points to lingering issues that could hinder the sector's potential for economic advancement.
1d ago•2 min read
Minister upholds revocation of Adamus Resources mining leases following independent committee review
Discover the serious allegations that led to the Minister's final decision regarding Adamus Resources Limited's mining leases.
4h ago•2 min read
GoldBod generated GH¢970m in non-tax revenue in 2025 - CEO
Discover how GoldBod's operations are contributing to state revenue and what this means for Ghana's gold sector.
6h ago•2 min read
