SIGA promotes state entity trading to retain value

The State Interests and Governance Authority (SIGA) is actively promoting trade among state-owned entities. This policy comes from Ghana's State Ownership Policy. SIGA’s goal is to keep economic value within the public sector. This aims to safeguard and increase the State’s ownership interests.

SIGA sees this as a way to improve how state assets are managed. It is not forcing blind trade. Entities will still consider price, quality, and legal rules. The policy asks entities to consider other state-owned providers first. This is for goods and services they need, if those providers can meet commercial demands. Such trading can reduce costs and make supply more predictable.

If state-owned entities trade more with each other, it can make them stronger and more profitable. This can lead to higher dividends for the State. It could also mean fewer government bailouts. It aims to improve overall financial performance and stability of state assets.

The policy focuses on internal cooperation to reduce money flowing out of the state system. It seeks to create synergies and better returns across the State’s portfolio. This encourages entities to explore business opportunities with each other, especially if suitable internal capacity exists. This can also help stabilize public enterprises that have good offerings but face unsure demand.