President John Dramani Mahama has expressed serious concerns about the low level of compliance with key governance and accountability requirements among public entities in Ghana.
Speaking at the SIGA Governing Boards and CEOs Conference 2026 on Thursday, September 10, the President revealed that only 72 out of the 148 Chief Executive Officers (CEOs) expected to sign performance contracts had done so since his administration took office.
While acknowledging improvements in the governance and management of public institutions, President Mahama warned that these positive changes should not be mistaken for the resolution of all governance issues. He pointed out that several entities were still falling short on crucial statutory and administrative obligations, particularly in the submission of audited financial statements, performance contracts, quarterly reports, annual general meetings, and employment data.
“We must not confuse improvement with complete success. Only 61 entities submitted their audited financial statements by the statutory deadline of April 30. A significant number of entities either submitted after the deadline or still relied on management and draft accounts,” President Mahama noted.
He further highlighted that, in addition to the low number of signed performance contracts, only 71 entities had submitted their quarterly reports, and just 37 out of 177 had held their required annual general or stakeholder meetings. Employment data submissions also declined, dropping from 142 entities in 2024 to 137 in 2025.
“These compliance gaps are unacceptable,” President Mahama stressed, urging all public entities to meet their governance and reporting obligations to improve transparency and accountability in the management of state resources.
Source: Apexnewsgh.com