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BusinessSSNIT investments stand at GH¢9.46 billion

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SSNIT investments stand at GH¢9.46 billion

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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.

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Read:4,310 criminal cases pending against employers SSNIT boss

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.

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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.

Read:Caterer granted bail for defaulting in SSNIT payments

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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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