President Nana Addo Dankwa Akufo-Addo assented to the State Interests and Governance Authority (SIGA) Act in Accra.
The SIGA Act seeks to establish an authority to oversee and administer state interests in state-owned enterprises (SoEs), joint venture companies and other entities in the country.
It also aims at ensuring that those entities adhere to good corporate governance practices to promote the growth of industry and commerce.
The Executive Chairman of the State Enterprises Commission (SEC), Mr Stephen Asamoah-Boateng, told the Daily Graphic that state institutions were now set for “real change in the way things are done.
There is massive work ahead to turn their fortunes around for Ghanaians to feel the benefits of state assets.”
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