SSNIT

SSNIT

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.

For example, SSNIT owns:
* 10% of Accra Breweries Limited; [http://www.gcsinvestments.com/downloads/companyreports/ABL%20REPORT-2006.pdf]
* 25% of Aluworks; [http://www.gcsinvestments.com/downloads/companyreports/ALW%20REPORT%202006.pdf]
* 30% of Ghana Commercial Bank; [http://www.gcsinvestments.com/downloads/companyreports/GCB%20-%20THE%20MOST%20TRADED%20STOCK.pdf]
* 20% of HFC Bank; and [http://www.gcsinvestments.com/downloads/companyreports/HFC%202006-%20BRANCH%20EXPANSION%20DIPS%20BOTTOM%20LINE.pdf]
* 20% of SG-SSB (SG Social Security Bank). [http://www.gcsinvestments.com/downloads/companyreports/SG-SSG%20LATEST%20REPORT-2006.pdf]

External links

* [http://www.ssnit.com/ SSNIT]
* [http://www.gcsinvestments.com/downloads/companyreports/ Index of Ghana company PDFs from Gold Coast Securities]


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