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Thursday, November 21, 2024
BusinessSSNIT investments stand at GH¢9.46 billion

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SSNIT investments stand at GH¢9.46 billion

The total assets of the Social Security and National Insurance Trust (SSNIT) under management as at the end of 2018 stood at GH¢9.46 billion.

About 96.5 percent of the asset is performing well, the Director-General of SSNIT, DR John Ofori-Tenkorang has disclosed.

SSNIT drags 4,310 employers to court

Addressing employers at a breakfast meeting in Accra Friday, the Director-General said those investments had boosted job creation, stimulated economic growth and contributed immensely to the development of Ghana’s capital markets.

Additionally, he said the investments had also helped some banks to meet the minimum capital requirement by the Bank of Ghana (BoG) and reduced the housing deficit in the country.

4,310 criminal cases pending against employers SSNIT boss

He advised employers to contact their respective compliance officers for assistance if they encountered any challenge.

Dr Ofori-Tenkorang also asked the employers to take advantage of the Trust’s digital platform to do business.

Source: www.graphic.com

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