The Minister for Public Enterprises, Hon. Joseph Cudjoe has hinted at Government’s
intention to dispose off some defunct entities belonging to the government.
The entities numbering 17, according to the Minister are sitting on the government’s costing it a
fortune to still pay security guards and other personnel who keep watch over them, while
rotting away.
The Minister made these statements when he took his turn at the Ministry of Information’s Press Briefing on Wednesday 12 th July 2023.
Hon. Cudjoe highlighted the situation of defunct entities whose current state of disrepair was
a sad sight to behold.
The Minister intimated that it has become imperative therefore that these entities are
completely disposed off to save resources and salvage for sale what can be saved.
Hon. Cudjoe who doubles as the Member of Parliament for Effia, in the Western Region
outlined his achievements in ensuring that Public Enterprises work efficient, effective, and
where applicable, profitable and the way forward.
The disposal of the entities, according to the Hon. Minister is part of a strategy by his officeto restructure the Public Enterprises portfolio in the country.
Aside the disposal the Minister indicated that the other portfolio management strategies
included liquidation, listing on the Ghana Stock Exchange and strategic investment.
