GoldBod Named SOE of the Year at PELT Awards

The Ghana Gold Board has emerged as the standout performer at this year’s Public Enterprise League Table (PELT) Awards, clinching the coveted State-Owned Enterprise (SOE) of the Year title in a dominant showing that signals its growing influence in Ghana’s economic landscape.

Organised by the State Interests and Governance Authority, the awards saw GoldBod secure a remarkable triple victory—also taking home the titles for Overall Best Specified Entity and Most Profitable SOE.

Receiving the awards on behalf of the Board, Richard Nunekpeku described the achievement as a major milestone, while pledging sustained performance and higher targets.

“We are proud of this milestone, but we remain focused and determined to keep pushing harder to exceed our targets and deliver even greater results,” he said.

GoldBod’s clean sweep is expected to boost confidence in Ghana’s gold sector, particularly as the institution continues to play a central role in mineral resource governance and ongoing reforms aimed at improving transparency, value retention, and sustainable management.

The PELT Awards, a flagship initiative by SIGA, assess the performance of state-owned enterprises and specified entities, promoting accountability, efficiency, and good corporate governance across the public sector.

Other institutions also received recognition for excellence. Consolidated Bank Ghana was named Most Innovative SOE, while TDC Ghana Limited won the Most Compliant SOE award.

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The Environmental Protection Agency emerged as Other State Entity of the Year and also secured the Most Financially Sustainable award in its category. Additional winners included the Ghana Maritime Authority (Most Innovative Other State Entity), the Food and Drugs Authority (Most Compliant Other State Entity), and the Ghana Highway Authority (Most Efficient Other State Entity).

In the dividend performance category, Ghana Reinsurance PLC was recognised for consistency in dividend payments, alongside TDC Ghana for frequency.

The strong performance across multiple institutions reflects ongoing reforms aimed at strengthening financial discipline, transparency, and operational efficiency within Ghana’s state enterprise sector.