Private sector contributions to the Social Security and National Insurance Trust (SSNIT) in March 2024 hit an all-time peak of GH¢395.34 million, as reported in the Bank of Ghana’s Summary of Economic and Financial Data for May 2024.
This marked a rise from the GH¢334.18 million recorded in November 2023.
The data from the Bank of Ghana (BOG) indicates a positive trend in private sector contributions, with expectations for continued growth throughout the remainder of the year.
This development gains significance in light of recent controversies surrounding the sale of SSNIT’s hotels to Agric Minister Bryan Acheampong.