Social Security and National Insurance Trust
Social Security and National Insurance Trust | |
Official seal | |
SSNIT headquarters in Koforidua, Ghana | |
Agency overview | |
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Formed | 1965 |
Jurisdiction | Republic of Ghana |
Headquarters | Koforidua, Eastern Region, Ghana |
Employees | 2,200 |
Agency executives |
Kwame Peprah, Chairman Ernest Thompson, General Director |
Website |
www |
The SSNIT, or the Social Security and National Insurance Trust, is an important agency of the government of Ghana. The "job description" of the SSNIT, according to its website, is to administrate the National Pension Scheme. In so doing, the SSNIT owns major amounts of stock in Ghana's principal companies, and is an important part of Ghana's economy.
SSNIT investments
Stock Portfolio
For example, SSNIT owns:
- 10% of Accra Brewery Company Limited;
- 25% of Aluworks;
- 30% of Ghana Commercial Bank;
- 20% of HFC Bank; and
- 20% of SG-SSB (SG Social Security Bank).
- 40% of West Hills Mall.[1]
References
- ↑ "SSNIT owns 40% in West Hills Mall". Graphic Business. Retrieved 9 January 2015.