General
SOEs should not compromise on ethical standards, accountability – President Akufo-Addo
The President, Nana Addo Dankwa Akufo-Addo, has directed State-owned Enterprises (SOEs) to strive for compliance with their mandate and ethical standards. “It is imperative we uphold collectively the principles of good corporate governance, which lead to accountability and transparency to safeguard the interest of the state in the management of public enterprises,” he advised. By […]
Headlines
Ghana urges global leaders to establish urban resilience fund at ECOSOC Youth Forum
Ghana’s Minister for Youth and Sports, Mustapha Ussif, has called on global leaders to take decisive actions in addressing urban challenges and climate change at the ECOSOC Youth Forum in New York. Highlighting Ghana’s rapid urbanization rate, Hon Mustapha Ussif stressed the urgency of adopting innovative solutions to combat pollution and emissions. He emphasized Ghana’s […]
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Headlines
2024 Election: An electoral tsunami will hit Ghana – Prof. Wutor
President of the Canada branch of the Professionals Forum (PROFORUM) of the opposition National Democratic Congress (NDC), Prof. Victor Wutor has predicted what he terms an electoral tsunami come December 7. The Professor of Biotecnology at the Rhodes University has therefore charged members of the NDC to stand ready. Speaking at the Diaspora Townhall Forum […]
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Featured
Investment holders to protest over locked-up funds from March 27
The Locked-up Investment Holders Forum (LIHF) is set to embark on a series of public protests aimed at pressuring the Bank of Ghana (BoG) to address its concerns regarding locked-up investments. The protests are scheduled to commence on Wednesday, March 27, 2024, and will recur every two weeks until the end of November 2024, unless […]
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Entertainment
Ghana Culture Forum Lauds GCB Bank
Stephen Asamoah Boateng presenting certificate to one of the winners The Ghana Culture Forum (GCF) has commended GCB Bank PLC’s support towards the 2024 Ghana Culture Week. Chairpersonof the
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Editors' picks
Amb. Edward Boateng speaks at Oxford University Africa Business Forum
Ghanaian diplomat and Ghana’s former Ambassador to China, Founder of Global Media Alliance, and former Africa Head of CNN, Ambassador Edward Boateng, is one of the speakers for this year’s Oxford Africa Business Forum at the Oxford University in the UK. Amb. Boateng will speak on the relationship between China and Africa under the theme […]
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Business
#2024SONA: GH¢5.8bn paid to bondholders – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has revealed that the government has fulfilled its financial obligations by settling the last coupons owed to bondholders. The government announced a domestic debt exchange programme in 2023 targeted at individual and pension bondholders as part of its revenue target to reach an agreement with the International Monetary Fund (IMF). […]
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News
Mahama campaign team denies depending on Alan for political gains
The Mahama 2024 Campaign Team has refuted allegations of over-relying on Alan Kyerematen and his Butterfly Movement for political gains in the Ashanti Region. According to the team, such misinformation is being circulated by an affiliate of the New Patriotic Party known as the “Social Democratic Forum.” A statement signed by Joyce Bawah Mogtari, the […]
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Columnist
Navigating the pension landscape: A call for reflection
By Isaac K. FRIMPONG Retirement age, a pivotal stage marking the withdrawal of statutory workers from active work, holds a unique significance in Ghana, much like in many countries globally. This is where retirees are expected to start enjoying pensions and other retirement benefits. In Ghana, the retirement age is 60 years (both male and […]
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Business
SSNIT donates GHS1m for pensioners’ healthcare
The Social Security and National Insurance Trust (SSNIT) has continued its support for the National Pensioners Association (NPA) by presenting a cheque of GHS1 million. This donation is specifically aimed at supporting the healthcare of pensioners enrolled on the NPA’s Pensioners Medical Scheme (PMS). This contribution is in fulfilment of a commitment by SSNIT’s Management […]
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Featured
Health workers demand 8-month pension arrears
The Ghana Registered Nurses and Midwives Association (GRNMA) and the Health Services Workers Union have petitioned the National Pension Regulatory Authority to release their 8-month pension arrears. The two unions bemoaned the deductions of their two-tier pensions from their salaries, which had not been paid into the necessary accounts. President of the Ghana Registered Nurses […]
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Business
Kwaning Mbroh to take over as new CEO of NPRA
President Nana Addo Dankwa Akufo-Addo has appointed John Kwaning Mbroh as the Chief Executive Officer (CEO) of the National Pensions Regulatory Authority (NPRA). Kwaning Mbroh’s appointment takes effect from 1st February 2024. The current CEO, Hayford Atta Krufi, is proceeding with his retirement after holding the position since 2017. Kwaning Mbroh has expertise in pension […]
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News
Flawless strategies essential for NDC’s success in election 2024
The National Democratic Congress (NDC) has been urged to choose a presidential running mate who embodies qualities that can turn the party’s political fortunes around and ensure its victory in the upcoming election. In a statement, Change Makers Forum (CMF), a group of professionals aligned to the centre-left political orientation, underscored the need for the […]
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General News
Pension Benefits Up 15%
Dr. John Ofori-Tenkorang The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA) has increased monthly pension benefits by 15% for the
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Business
SSNIT announces 15% increment in monthly pensions payment
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by 15% in line with its 2024 indexation rate. Following the review which is by Section 80 of the National Pensions Act, 2008, (Act 766) all valid pensioners on the SSNIT pension payroll as of the end of December 2023 will have […]
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