The total value of pension fund assets in Ghana reached a record GH¢86.23 billion in 2024, up from GH¢61.8 billion in 2023. This represents a 39.5% increase over the previous year, according to the 2024 Financial Sector Report on pension activities. Growth Drivers The report attributes the growth to stricter enforcement against employers defaulting on […]
The Social Security and National Insurance Trust (SSNIT) has announced that it will not sell its current assets and facilities, instead, the organisation plans to revamp and optimise its resources to generate better returns. This is a significant shift in its investment strategy, reassuring stakeholders of value for money, after the Trust suffered a backlash […]
The High Court in Accra has adjourned to February 1, 2024 the case in which former Sanitation Minister, Cecilia Abena Dapaah, and her husband, Daniel Osei Kuffuor, filed an interlocutory injunction against the Office of the Special Prosecutor (OSP) for seizing and freezing their accounts and assets. Ms Dapaah, who is fighting the OSP against […]
The Commercial Division of the Accra High Court has dismissed an application by Power Distribution Services (PDS) challenging the cancellation of its operation licences following the termination of a concession agreement for it to manage the assets of the Electricity Company of Ghana (ECG). Last year, PDS dragged the government to the High Court with […]
