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Ted News Ghana Blog of Thursday, 6 March 2025

Source: TEDDY VAVA GAWUGA

Government Considers Listing State-Owned Enterprises on Ghana Stock Exchange

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The Trade, Agribusiness, and Industry Minister, Elizabeth Ofosu-Adjare, has indicated that the government is open to listing State-Owned Enterprises (SOEs) on the Ghana Stock Exchange (GSE) as part of efforts to improve efficiency and profitability.

Key Points:
Her remarks follow calls from the Managing Director of the Ghana Stock Exchange, who suggested that listing SOEs could enhance financial performance.
At a national economic dialogue, the Finance Minister highlighted major financial losses within SOEs, stressing the need for reforms.
Listing SOEs on the stock exchange could increase accountability, attract private sector investments, and foster economic stability.
Minister’s Perspective
Speaking at the event, Ofosu-Adjare stated:
"I’m sure that government will look at listing SOEs and make sure that we get some of our funding locally. That’s the only way our pension funds will grow for us to get good pension."

She emphasized that utilizing the stock market could provide an alternative funding model that reduces Ghana’s dependence on external borrowing while offering citizens and pension funds viable investment opportunities.

If implemented, this move could create a more sustainable and accountable structure for government-owned businesses, making them more competitive and financially resilient.