President John Dramani Mahama has warned State-Owned Enterprises (SOEs) against treating short-term improvements in performance as a measure of lasting success.
He made this remark at the State Interests and Governance Authority (SIGA) Governing Boards and CEOs Conference 2026 on Thursday, September 10.
According to him, while recent improvements by some state institutions are encouraging, the real test is whether such gains can be sustained over time.
“A one-year turnaround is encouraging, but sustained performance is the real test,” he said.
President Mahama said SOEs must focus on efficiency, innovation, accountability and sound leadership to ensure they consistently create value for Ghanaians.
“Temporary gains are not success. Success is when an institution consistently delivers results and creates value for the people it serves,” Mahama stated.
He also urged governing boards and chief executives to strengthen corporate governance, reduce waste, improve revenue generation and ensure prudent management of public resources.
“We must not confuse short-term recovery with long-term success. The challenge is to sustain these gains year after year,” he stressed.
His comments come as government pursues reforms to improve the performance, governance and financial sustainability of state-owned enterprises.
