SSNIT extends its operations into other areas; here are other businesses they conduct
- SSNIT has other business interest in other sectors such as Mining and Agriculture
- It also has hostels, as well as office complexes all over Ghana
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The Social Security and National Insurance Trust (SSNIT) has been in the news in recent times.
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An investigation into the nitty gritty of a $72 million software deal has left a sour taste in the mouths of many Ghanaians.
It doesn’t end there; revelations of other scandals keep coming up by the day, and prominent figures are doing all they can to maintain their integrity.
SSNIT does more than just insurance. Its investments spread across Manufacturing, Finance, Insurance, Distribution, Real Estate, Food & Beverage, Mining and Agriculture.
The Trust owns six hostels dotted all over the country.
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Pent Hostel, on the University of Ghana (UG), Legon campus has 990 rooms with 2743 beds.
SSNIT hostel at the University of Cape Coast (UCC) has 144 rooms and 375 beds.
Gaza hostel, located on the campus of the Kwame Nkrumah University of Science and Technology (KNUST) has 272 rooms and 552 beds.
SSNIT hostel, at the University of Education-Winneba (UEW) has 144 rooms and 375 beds.
SSNIT hostel, at the University of Development Studies (UDS, Navrongo), has 36 rooms and 144 beds.
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The sister campus at Nyankpala, Tamale, has 42 rooms with 168 beds.
These facilities are currently priced from GHc1200 to over GHc14736 per resident.
The management of these hostels is handled by the Ghana Hostels Limited, a wholly-owned subsidiary of SSNIT.
SSNIT also has about 16 towers and office complexes.
Sections of these structures are rented out to persons and institutions desirous of (office) spaces to operate from.
Prominent among these are the Heritage Tower at Ridge, Accra, the World Trade Centre at Ridge, Accra, the Trust Tower at Adabraka, Accra and the SSNIT Emporium at Airport City, Accra.
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Source: YEN.com.gh