Dan Sackey, Managing Director of Ecobank Ghana, speaking at the launch of the fair Key public and private sector players in the housing industry will gather at the 2021 Ecobank-JoyNews Habitat Fair scheduled from October 27 to 31, this year, to provide solutions to bridge Ghana’s national housing deficit. This year’s habitat fair on the […]
Tag: ecobank ghana
Photos: Launch of Ecobank JoyNews Habitat Fair 2021
The Managing Director of Ecobank Ghana PLC, Daniel Sackey says it is time to take deliberate steps to resolve the housing deficit in the country. Speaking at the launch of the Ecobank JoyNews Habitat Fair 2021 on Friday, August 27, Mr Sackey indicated that although housing is a basic need, there is an enormous gap […]
SSNIT reacts to Auditor-General’s report, says US$4.15 million of locked-up funds recovered
SSNIT • SSNIT has responded to the Auditor-General’s report • The company says US$4.15 million of the locked-up funds have been retrieved • SSNIT further states efforts are being made to recover the rest of the money The Management of the Social Security and National Insurance Trust (SSNIT) has reacted to the Auditor-General’s report that […]
JoyNews Ecobank Habitat Fair has potential to address housing deficit – Ecobank MD
The annual JoyNews Ecobank Habitat Fair has the potential to help address significantly the over two million housing units’ deficit in the country, Managing Director of Ecobank Ghana, Daniel Sackey has disclosed. This is due to the kind of platform provided by partners in finding solutions to the perennial housing challenge. Speaking at a ceremony […]
ADB leads in profit growth rate as banks remain profitable in 2021
Data from the financial statements of about 60% of banks in the country for the first half of the year 2021, shows promising increases in profits for some and some slowdown in profit growth for others. This can be gleaned from the Summary Statements of Comprehensive Incomes of 13 of Ghana’s top banks covering January […]
GH¢1.7 billion of SSNIT loans, advances impaired
Director General of SSNIT, John Ofori-Tenkorang An analysis of the quality of the Social Security and National Insurance Trust’s (SSNIT) investments in loans and advances has revealed that 94.7% is impaired. Loans and advances of the trust amounted to GH¢1.7 billion (GH¢1,750,625,000). Out of this amount, a total of GH¢1.7 billion (GH¢1,705,212,000), representing 94.7%, falls […]
US$254 million out of SSNIT’s total investment of US$300 million gone bad – Simons
Honorary Vice President of Imani Africa, Bright Simons Founder of mPedigree who is also Honorary Vice President of Imani Africa, Bright Simons, has highlighted that out of the US$300million total investments undertaken by the management of the Social Security and National Insurance Trust (SSNIT), US$250 million have so far gone bad. He said this in […]
SSNIT reacts to Auditor-General’s report, says US$4.15 million of locked-up funds recovered
SSNIT • SSNIT has responded to the Auditor-General’s report • The company says US$4.15 million of the locked-up funds have been retrieved • SSNIT further states efforts are being made to recover the rest of the money The Management of the Social Security and National Insurance Trust (SSNIT) has reacted to the Auditor-General’s report that […]
ADB leads in profit growth rate as banks remain profitable in 2021
Data from the financial statements of about 60% of banks in the country for the first half of the year 2021, shows promising increases in profits for some and some slowdown in profit growth for others. This can be gleaned from the Summary Statements of Comprehensive Incomes of 13 of Ghana’s top banks covering January […]
SSNIT recovers US$4.15 million out of US$11.79 million loss cited in Auditor General’s report
The Management of the Social Security and National Insurance Trust (SSNIT) has explained that it has recovered US$4.15 million out of US$11,794,109 lost through the liquidation of three companies, as cited in the 2020 Auditor-General’s Report. This was contained in a press release, dated August, 13, from SSNIT in reaction to the 2020 Auditor General’s […]