See why Ghana wants to sell state-owned companies amid debt crises

  • Ghana is planning to dispose off some troubled state-owned enterprises under a divestiture programme
  • Joseph Cudjoe the minister for Public Enterprises said the government is taking the decision because they were stressing the state financially
  • He did not disclose when the divestiture will start but said government was keen on getting rid of them

The Ghanaian government has disclosed plans to sell off some 17 troubled state-owned enterprises to raise funds.

Joseph Cudjoe, who heads Ghana’s ministry for public enterprise said the sale is under the divestiture programmer designed to will save the state from continuous spending on them.