The Ministry of Public Enterprises has instituted the Public Enterprises League Table (PELT), which is an innovation by the Minister for Public Enterprises, Hon. Joseph Cudjoe.
It is a way to assess the performance of Public Enterprises when it comes to compliance. The maiden edition was held on Thursday, June 30, 2022, at the Kempinski Hotel, Accra. Tema Development Company (TDC) emerged as the best performing State-Owned Enterprise (SOE). The Electricity Company of Ghana (ECG) emerged second, the Driver and Vehicle Licensing Authority (DVLA) emerged third, the Gaming Commission of Ghana placed fourth and GRIDCo was ranked fifth.
Speaking at the awards ceremony, the Deputy Minister for Finance, Madam Abena Osei-Asare, said that Corporate Governance will now be made mandatory for all SOE Boards since that will build the capacity of SOEs to effectively deliver on their mandate.