Business News of Wednesday, 22 May 2019Source: primenewsghana.comGovernment to offload shares of some state enterprisesCEO of State Enterprises Commission, Asamoah BoatengGovernment has hinted of plans to offload part of its shares in some state enterprises onto the Ghana stock market. The move is part initiative to power the private sector to hold a majority stake in some of the state enterprises. The government believes offloading the shares will maximise the profit of the enterprises. In an interview with Joy FM, Chief Executive of the State Enterprises Commission Stephen Asamoah Boateng said discussions with the finance ministry are far advanced to float some of the state enterprises on the stock market. The Chief Executive in the interview refused to disclose the possible state enterprises to be listed on the stock market.

Source: GhanaWeb May 22, 2019 14:37 UTC