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Fix the failures or lose your job : Mahama to state-owned enterprises CEOs

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President John Dramani Mahama has warned Chief Executive Officers (CEOs) of state-owned enterprises (SOEs) that only those willing to align with his administration’s “reset agenda” will keep their jobs.

At a meeting with SOE heads under the State Interests and Governance Authority (SIGA) on March 13, Mr Mahama made it clear that underperforming executives must either improve or leave their positions.

“If you are not matching the pace of the reset agenda, you might be asked to step aside,” he said. “We expect something completely different from you. Your performance will determine whether you continue in your roles when we review progress in 2026.”

The President stressed the need for efficiency, accountability, and profitability in SOEs, criticising years of mismanagement and waste. He warned that the era of impunity and mediocrity in state enterprises must end.

Mahama also announced stricter performance measures for SOE leadership. CEOs will be required to submit audited financial statements annually, with penalties, including possible dismissal for non-compliance.

“The Ghanaian people deserve better and will not accept mediocrity,” he stated. “If you are not prepared to be part of the reset, now is the time to walk out.”

The President noted that his administration had already taken steps under its 120-day social contract with Ghanaians, including forming a lean government, confirming cabinet ministers within 14 days, and preparing a strict code of conduct for public officials.

 

 

 

 

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