IMANI demands review of SIGA directive steering SOEs toward SIC placements - MyJoyOnline

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Policy think tank IMANI Africa is urging President John Mahama to intervene in what it describes as a growing misinterpretation of a recent directive from the State Interests and Governance Authority (SIGA) that encourages State-Owned Enterprises (SOEs) to prioritise SIC Insurance PLC and SIC Life for their insurance needs. In its petition to the Presidency, IMANI says the December 2025 SIGA directive, intended as a broad policy encouragement to strengthen state-owned insurers, is increasingly being treated across public institutions as a compulsory instruction with direct consequences for procurement transparency. According to IMANI, several SOEs have already altered their procurement behaviour, with some allegedly bypassing competitive tendering in favour of what they perceive to be the “preferred insurer.”