Business News of Friday, 13 March 2026

Source: thebftonline.com

SSNIT's assets under management rise to GH¢25 billion - Director-General

A signage of SSNIT A signage of SSNIT

Assets Under Management (AuM) of the Social Security and National Insurance Trust (SSNIT) increased from GH¢20.4billion in 2024 to GH¢25billion for 2025.

This represents 25 percent growth in the Trust’s total investments within one year.

The Director-General of SSNIT, Kwesi Afreh Biney, disclosed this during the Trust’s Regional Forum with the Trades Union Congress (TUC) held last Monday at Wa in the Upper West Region.

“This is a scheme that continues to grow. Many of our investments are performing well and efforts are underway to turn around the non-performing assets,” Afreh Biney noted.

He explained that La Palm Royal Beach in Accra, which had been incurring losses for years, recorded an audited profit of GH¢1.7million in 2025. Meanwhile, Labadi Beach Hotel posted profits of over GH¢77million during the financial year under review.

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The Trust’s investment portfolio spans almost all sectors of the economy, including financial services, oil and gas, energy, education, healthcare, hospitality and manufacturing among others.

As of December 2025, the number of listed equities on the Ghana Stock Exchange stood at 39 with the Trust holding investments in 22 of these listed companies. It also has investments in eight commercial banks as well as the telecommunications sector.

Notably, SSNIT’s management is planning to invest US$259million in Cenit Energy, an independent power producer wholly-owned by the Trust.

Over the years, SSNIT has sensitised workers across the country on its operations.

A key focus of this awareness-creation has been educating workers on retirement planning, factors that determine pension benefits and how workers can earn a decent pension, among other related matters.

These efforts are aimed at ensuring workers are well-informed and prepared for retirement.

This year’s forum is being held under the theme ‘Deepening Pension Literacy across Ghana’.

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