Immediate past Director General of the Social Security and National Insurance Trust (SSNIT) Ernest Thompson says he is unaware of any investigation or audit conducted by PricewaterhouseCoopers as he was not invited by any body for such purposes. According to him, the only body he has appeared before as regards investigations into the $72 million … Read more
Financial Services Provider BEIGE has launched a Tier-3 personal pension scheme targeted at ensuring financial independence for subscribers during retirement. The ‘EveryDayPension’ retirement plan allows subscribers to save at least GH¢50 a month to enable them to secure comfortable financial future. Speaking at a forum Thursday before the launch of the scheme at the Holiday Inn in … Read more
The Vice President, Dr. Mahamudu Bawumia, is highly optimistic Ghanaians will feel real transformation in their lives from this year as the government rolls out a number of programmes to boost the economy. Opening the 69th edition of the Annual New Year School at the University of Ghana on Monday, January 15, 2018, Dr. Bawumia … Read more
The controversial $72 million software procured by the Social Security and National Insurance Trust (SSNIT) is functioning despite an earlier claim to the contrary, Joy News reports. According to the news report, painstaking investigations revealed that key modules of the Operating Business Suite (OBS) are working to expectation. Out of the total 14 modules of … Read more
The National Health Insurance Authority (NHIA) has made a proposal to government to levy tobacco and alcohol to fund the National Health Insurance Scheme (NHIS). According to the Authority, the proposal is one of the options of finding additional sources of funding to sustain the NHIS policy, since the 2.5 per cent NHIS levy collected … Read more
A senior lecturer at the University of Education at Winneba, Dr. Ahmed Jinapor, says the level of corruption in the country is attributable to the lack of a proper pension system for retirees in the country. He argued on TV3 New Day Thursday that the absence of a rewarding pension scheme in the country pushes … Read more
The Social Security and National Insurance Trust (SSNIT) has sacked its embattled General Manager of the Management Information System, Dr. Caleb Afaglo. The decision to fire the IT boss was taken at an emergency Board and Management meeting on August 30, 2017 at the Pension House in Accra. Dr. Afaglo until his dismissal was on … Read more
Think-tank Strategic Thinkers Network (STRANEK) has lauded a move by government to look into the procedures that led to the award of an original $34 million contract by the Social Security and National Insurance Trust (SSNIT) for a software overhaul of its system. The award to Perfect Business Systems and Silverlake Consortium of Malaysia has … Read more
Vice- President Dr Mahamudu Bawumia has inaugurated a 17-member Board for the National Health Insurance Authority (NHIA) with a call on the members to use their expertise and experience to rescue and resuscitate the National Health Insurance Scheme (NHIS). “We have got to save and resuscitate the NHIS,” he said, adding, “You have got to … Read more
Hundreds of workers at RLG, a Ghanaian-owned technology company, are up in arms against management over a threat to dismiss them if they do not resign. Meanwhile, management has maintained a deafening silence on workers GHC500 monthly salary which has been in arrears for two years. The Agams Holding Limited, owners of RLG has been … Read more
Some parents whose wards attend the Adenta Community School are predicting a likely disaster following what they describe as serious structural defects in the building. The worried parents who spoke to Citi News said the building is yet to see any refurbishment after the issue was reported to authorities months ago. The school was built by … Read more
Social Security and National Insurance Trust (SSNIT) is suffering from the knock-on effect of loans gone bad in the banking sector, due to its large shareholding in the sector. With equity stake in more than 10 banks, listed and non-listed, SSNIT relies heavily on the sector for return on investment. In the banking sector, a … Read more
The new management of the Social Security and National Insurance Trust (SSNIT) has commenced processes to audit the Trust. The move, according to the new management, aims at improving the operations of the Trust, to inform it of what new measures need to be implemented to make the Trust a viable entity within the sub-region. … Read more
The Social Security and National Insurance Trust (SSNIT) has begun processes to audit the Trust to improve its operations. The exercise is among others expected to inform the managers of SSNIT on the current position of the pensions’ regulator. It is also expected to give an understanding of what new measures ought to be implemented … Read more
Ho Branch Manager of the Social Security and National Insurance Trust (SSNIT), Mr. Sulley Abukari, has discounted the claim that his outfit is short-changing pensioners. He said the annuity factor which did not exceed 60 per cent was calculated on a pension right of 2.5 per cent per year for the first 15 years of … Read more
Parliamentarians from both sides of the House has praised the retired Chief Justice (CJ), Mrs. Georgina Theodora Wood for her immense contribution to the country’s justice delivery system. According to them, Mrs. Wood’s enviable success in Ghana’s judicial reform over the past 10 years cannot be over emphasized. Mr Osei Kyei Mensah-Bonsu, Majority Leader in … Read more
Citi News can report that the air-conditioning system at the new court complex in Accra has broken down. This has created a difficult working environment, and could possibly affect the work of the court. The $50 million, Social Security and National Insurance Trust (SSNIT)-funded edifice, comprises 42 courtrooms, 10 land courts, 10 commercial courts, 6 … Read more
Mr Samuel Atta Akyea, Minister of Works and Housing, has inaugurated a 10-member Ministerial Advisory Body and five-member Audit Committee to address challenges in the Ministry. The Ministerial Advisory Body is made up of the Sector Minister, Mr Eugene Boakye Antwi, Deputy Minister of Works and Housing, Madam Freda Prempeh, Deputy Minister of Works and … Read more
Captain Smart and the Maid of Orleans: Aluta Continua Oh granted, Owusu Bempah is a paragon of virtue and a saint of our time! all and sundry must applaud him for establishing a correlation between the alleged gift of President Mahama and his brother, Ibrahim to Captain Smart of Adom FM and election 2016. I … Read more
The Kwesi Botchwey Committee probing the National Democratic Congress’ (NDC) election defeat in 2016, is expected to present its report to the party in early June. The committee was set up this year to investigate the circumstances that led to the party’s defeat and was expected to submit its report within three months. However, the … Read more