Only 61 out of 185 state-owned enterprises, joint ventures and other specified public entities submitted their 2025 financial statements to the State Interests and Governance Authority (SIGA) by the statutory deadline of April 30, 2026.
The figure represents a compliance rate of approximately 32%, according to SIGA’s compliance dashboard dated May 1, 2026.
Entities that met the reporting deadline included the Bank of Ghana, Electricity Company of Ghana, Ghana Publishing Company Limited, Ghana Civil Aviation Authority, Ghana Gold Board, Ghana Gas, Ghana National Petroleum Corporation and the Petroleum Hub Development Corporation.
According to the compliance records, five entities formally requested extensions to the deadline, while 14 others indicated that delays in their audit processes had affected submission timelines.
However, more than 100 institutions had neither submitted their financial statements nor provided explanations to SIGA for the delay as of May 1.
Entities listed as non-compliant included the Minerals Development Fund, Metro Mass Transit, Ghana Tertiary Education Commission, Minerals Commission, National Communications Authority, District Assemblies Common Fund, Lands Commission, Youth Employment Agency, Ghana Broadcasting Corporation and the National Road Safety Authority.
The low compliance rate has renewed concerns about financial reporting discipline, institutional accountability and enforcement within Ghana’s public sector governance framework.
Analysts say the failure of more than 60% of state-owned enterprises and public entities to meet statutory reporting obligations raises broader questions about transparency, internal controls and oversight mechanisms within the sector.
At the same time, institutions that complied with the deadline are expected to receive positive recognition for adhering to the reporting requirements within the stipulated timeframe.
The compliance dashboard referenced in the report was dated May 1, 2026, meaning entities that submitted their financial statements after that date would not yet be reflected in SIGA’s published records.
