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SSNIT
The Social Security and National Insurance Trust, is an agency of the government of Ghana. Its job description, according to itwebsite is to administrate the National Pension Scheme. In so doing, the trust owns major amounts of stock in Ghana's principal companies. Investments Stock Portfolio For example, the trust owns: * 10% of Accra Brewery Company Limited* 25% of Aluworks* 30% of Ghana Commercial Bank* 20% of Home Finance Company, HFC Bankand * 20% of SG-SSB (SG Social Security Bank* 10% of Africa World Airlines; * 40% of West Hills Mall The West Hills Mall is a shopping centre located at Dukonah, near Weija along the Accra – Cape Coast Highway in the Greater Accra Region of Ghana Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West .... End of lump sum payment From 1 January 2020 all workers who attain the age of 60 years would not receive the lump sum payment anymore as was stated in PNDC Law 247. The lump sum payme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Ofori-Tenkorang
John Ofori-Tenkorang is a Ghanaian public servant, an investment banker, an engineer and an academic. He is currently the Director General of Social Security and National Insurance Trust (SSNIT). Early life and education Ofori-Tenkorang had his secondary education at St. Peter's Boys Senior High School, Nkwatia Kwahu. He proceeded to Pearson College UWC in Victoria, British Columbia Canada. There, he obtained his International Baccalaureate Diploma. He enrolled at the Massachusetts Institute of Technology where he earned his bachelors, masters and doctorate degrees in electrical engineering and computer science.Zadok K. Gyes"Director-General of SSNIT to receive award", Graphic Online, 07 September 2018. Career Ofori-Tenkorang began his career as an instructor at the Massachusetts Institute of Technology. He developed propulsion systems and novel electric motors for electric vehicles for Ford Motor Company. He also worked for Quantum Corporation, Milpitas and Lutron Electron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Hills Mall
The West Hills Mall is a shopping centre located at Dukonah, near Weija along the Accra – Cape Coast Highway in the Greater Accra Region of Ghana. History The West Hills Mall which was opened on 30 October 2014. It is jointly owned by Delico Property Development Limited (60 percent) and Ghana's Social Security and National Insurance Trust The Social Security and National Insurance Trust, is an agency of the government of Ghana. Its job description, according to itwebsite is to administrate the National Pension Scheme. In so doing, the trust owns major amounts of stock in Ghana's ... (SSNIT) (40 percent). References Buildings and structures in Accra Shopping malls established in 2014 Shopping malls in Ghana 2014 establishments in Ghana {{mall-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa World Airlines
Africa World Airlines Limited (AWA) is a Ghanaian airline company that was incorporated in 2010 and commenced flights in 2012. It has its head office in Airport City Accra, and its main hub at Kotoka International Airport in Accra. It is the largest airline in Ghana with over 600,000 passengers booked in 2021, accounting for 65% of domestic passengers and 30% of all air passengers in the country. The airline has been consistently profitable since 2014. AWA is a joint venture between Ghanaian shareholders SAS Finance Group and SSNIT, with minority shareholdings also by both HNA Group and China-Africa Development Fund via Zhongjia Investments of China. History Startup AWA was born as the brainchild of noted Ghanaian investment banker and traditional leader Togbe Afede XIV. The airline received its Air Carrier License from Ghana Civil Aviation Authority on 4 March 2011. After securing funding and partnership for the project, the initial management team led by CEO Zhang Jiuhu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SG-SSB
Societe Generale Ghana Limited (SG) is a bank that is based in Ghana, previously known as ''Société Générale - Social Security Bank'' (SG-SSB). The bank is part of the Société Générale banking group. The bank is based in Accra and its stock is listed on the Ghana Stock Exchange. It is a component of the GSE All-Share Index. According to its website it is the 7th largest bank in Ghana and has 45 networked branches in Ghana. History SG began in 1975 as "Security Guarantee Trust Limited" and the next year changed its name to "Social Security Bank Limited", or "SSB". In 1994, SSB and the "National Savings and Credit Bank" merged under a World Bank program. The next year, the government of Ghana divested its 21% share of the bank and it was converted to a public limited liability company and subsequently listed on the Ghana Stock Exchange. In 2004, the bank rebranded as SG-SSB after Societe Generale acquired a 51% controlling interest in the institution. and in 2013 rebr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Finance Company
Republic Bank Ghana Limited is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the central bank and national banking regulator. Location The headquarters of the bank are located at 48A, Sixth Avenue, North Ridge, Accra, Ghana. The geographical coordinates of the bank's headquarters are: 05°34'09.0"N, 0°11'40.0"W (Latitude:5.569167; Longitude:-0.194444). Overview , Republic Bank was a medium-sized financial services provider in Ghana, with total assets valued at GHS:3.377 billion (US$586.5 million) and shareholders' equity valued at GHS:574,616,000 (approximately US$99.8 million). Republic Bank Group Republic Bank Ghana Plc is a component and subsidiary of the Republic Bank Group, with headquarters in Trinidad and Tobago, with banking subsidiaries in Barbados, Cayman Islands, Ghana, Grenada, Guyana, Suriname and Trinidad and Tobago. As of 31 January, the group's holding company, Republic Financial Holdings Limited, had total asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tamale, Ghana
Tamale (Dagbani : ), officially called Tamale Metropolitan Area is the capital city of the Northern Region of Ghana. Tamale is Ghana's third-largest city and an emerging investment hotspot in West Africa. It has a projected population of 950,124 according to the Tamale Metropolitan Assembly Official Website. It is the fastest-growing city in West Africa. It is located north of Accra. Most residents of Tamale are Muslims and Dagombas by tribe, as reflected by the multitude of mosques in Tamale, most notably the Central Mosque, Afa Ajura Mosque (Ambariyyah Mosque), Afa Basha mosque (Nuuria mosque) and The Ahmadiyyah Muslim mission Mosque. Tamale is located in the Northern Region of Ghana and more precisely in the Kingdom of Dagbon. The local (neighbourhood) chiefs and the district chief of Tamale are subservient to the Dagomba King in Yendi.The language of the people in Tamale is Dagbani. Due to its central location, Tamale serves as a hub for all administrative and commerci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana Commercial Bank
GCB Bank Limited formally known as ''Ghana Commercial Bank'' is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits. In August 2017, the Bank of Ghana, the nation's central bank, announced that it had approved a Purchase and Assumption transaction with GCB Bank Limited for the transfer of all deposits and selected assets of UT Bank and Capital Bank (Ghana) to GCB Bank Ltd. Overview GCB Bank Ltd is the largest indigenous financial institution in Ghana with 184 branches. , the bank's total assets were valued at about GHS9.7billions+, with shareholders' equity of approximately GHS:1.3billion+. History The bank was founded in 1953, with 27 employees, as the Bank of the Gold Coast. Initially, it focused on serving Ghanaian traders, farmers, and business people, who could not obtain financing from the expatriate banks. In 1957, when Ghana attained Independence, the bank re-branded to Ghana Commercial Bank, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministries And Agencies Of State Of Ghana
Ministry may refer to: Government * Ministry (collective executive), the complete body of government ministers under the leadership of a prime minister * Ministry (government department), a department of a government Religion * Christian ministry, activity by Christians to spread or express their faith ** Minister (Christianity), clergy authorized by a church or religious organization to perform teaching or rituals ** Ordination, the process by which individuals become clergy * Ministry of Jesus, activities described in the Christian gospels * ''Ministry'' (magazine), a magazine for pastors published by the Seventh-day Adventist Church Music * Ministry (band), an American industrial metal band * Ministry of Sound, a London nightclub and record label Fiction * Ministry (comics), a horror comic book created by writer-artist Lara J. Phillips * Ministry of Magic, governing body in the ''Harry Potter'' series * Ministry of Darkness, a professional wrestling stable led by Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services In Ghana
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1965 Establishments In Ghana
Events January–February * January 14 – The Prime Minister of Northern Ireland and the Taoiseach of the Republic of Ireland meet for the first time in 43 years. * January 20 ** Lyndon B. Johnson is Second inauguration of Lyndon B. Johnson, sworn in for a full term as President of the United States. ** Indonesian President Sukarno announces the withdrawal of the Indonesian government from the United Nations. * January 30 – The Death and state funeral of Winston Churchill, state funeral of Sir Winston Churchill takes place in London with the largest assembly of dignitaries in the world until the 2005 funeral of Pope John Paul II. * February 4 – Trofim Lysenko is removed from his post as director of the Institute of Genetics at the Russian Academy of Sciences, Academy of Sciences in the Soviet Union. Lysenkoism, Lysenkoist theories are now treated as pseudoscience. * February 12 ** The African and Malagasy Republic, Malagasy Common Organization ('; OCA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aluworks
Aluworks is a manufacturing company based in Tema, Greater Accra. It was founded on February 24, 1978 and was converted to a public limited liability company on May 28, 1996. After an Initial Public Offer in October 1996, it was listed on the Ghana Stock Exchange on November 29, 1996 at the share price of GH¢ 0.135. The company is a component listing of the GSE All-Share Index. Operations Aluworks is a company that makes aluminium sheets, coils, corrugated roofing, louver blades, etc. from raw aluminium ingots. One of Aluworks' principal raw materials vendors, the Volta Aluminium Company, was completely closed between May 2003 and early 2006 due to problems in negotiating an electricity Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described ... supply. References External links Aluwor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and Togo in the east.Jackson, John G. (2001) ''Introduction to African Civilizations'', Citadel Press, p. 201, . Ghana covers an area of , spanning diverse biomes that range from coastal savannas to tropical rainforests. With nearly 31 million inhabitants (according to 2021 census), Ghana is the List of African countries by population, second-most populous country in West Africa, after Nigeria. The capital and List of cities in Ghana, largest city is Accra; other major cities are Kumasi, Tamale, Ghana, Tamale, and Sekondi-Takoradi. The first permanent state in present-day Ghana was the Bono state of the 11th century. Numerous kingdoms and empires emerged over the centuries, of which the most powerful were the Kingdom of Dagbon in the north and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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