Bussiness
Improving Pension Education: SSNIT launches Supplementary Readers Manual for basic schools
The Social Security and National Insurance Trust (SSNIT) has collaborated with the Ghana Education Service (GES) to launch the supplementary readers manual on social security for Junior and Senior High Schools (JHS/SHS).
The Supplementary Readers and Teachers’ Manual on Social Security for students and teachers is meant to deepen students’ awareness of social security issues.
The National Council for Curriculum and Assessment (NaCCA) was a major partner in the development of the manual.
Producing the manual involved breaking down the Pensions Act 2014, as amended to Act 883 into simple concepts for easy understanding.
The launch which was under the theme “Empowering the Youth with Knowledge in Social Security – Preparing For The Future,” was held at the Kumasi Anglican Senior High School in Kumasi.
Director-General of SSNIT, Dr John Ofori-Tenkorang, observed that in spite of the benefits the SSNIT Scheme provides, membership is relatively low which he attributed to a general lack of understanding about social security, the laws governing it and the value it provides.
He therefore said the manual would enable students to insist on their right to social security as potential workers or discharge well their responsibilities as future employers.
Dr Ofori-Tenkorang is hopeful that the initiative would equip the young ones with the requisite knowledge and information needed to achieve SSNIT’s goal of achieving social protection for all workers in Ghana.
Deputy Minister for Education, Rev. Dr John Ntim Fordjour, said the project was to raise the young learners as ambassadors who appreciated the essence of SSNIT contribution for a secured and comfortable future.
The Deputy Minister revealed that out of 11 million working population in Ghana, only 1.7 million were contributing to SSNIT, adding that the 227,000 beneficiaries currently on the monthly payroll of SSNIT could have been more if more workers had contributed to SSNIT during their active work period.
“As financial literacy is a key element in our standard-based and common core curricula, we hope to raise nearly 10 million learners in pre-tertiary schools with knowledge and values that are aligned to the key priorities of national development,” he added.
He acknowledged that introducing social security as part of the new Common Core Curriculum for schools is very significant for today’s education and the future of the scheme.
Rev Dr Ntim Fordjour also appealed to SSNIT to create similar supplementary readers for the early grades.
Meanwhile, Ashanti Regional Director for GES, Mary Owusu Afriyie, believes the initiative would equip the young ones with the knowledge on social security to adequately prepare them for retirement.
She encouraged all students and teachers to take full advantage of the initiative to upgrade themselves for a better future.
Source: www.myjoyonline.com
Bussiness
Global Market Volatility: Gov’t absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol
Effective Thursday, April 16, 2026, which is the next pricing window, the Government will absorb GH¢2.00 per litre on diesel and GH¢ 0.36 per litre on petrol.
This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses.
The measure, approved by Cabinet, is in response to rising prices of petroleum products on the international market, which have significantly impacted ex-pump prices in Ghana.
This temporary intervention will remain in force for a period of one (1) month.
During this period government will continue to closely monitor developments in the global oil market and assess the need for further policy adjustments.
A statement signed by Minister of Government Communications, Felix Ofosu Kwakye noted that they remain commited to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.
Ghana’s gold and minerals sector is set for a major spotlight as Meetings. Co, in partnership with key industry stakeholders, announces the Mining & Minerals Convention 2025, scheduled from August 26-27, 2025, at the Kempinski Hotel Gold Coast City, Accra.
Held under the theme “Shaping the Future of Ghana’s Gold Industry,”‘ the Convention will convene government leaders, regulators, miners, refiners, investors, sustainability partners, innovators, and responsible mining, and global competitiveness,policy experts to explore strategies that position Ghana’s gold industry for long-term growth.
The two-day convention will feature presidential and ministerial keynote addresses, industry thought leadership, technical paper presentations, policy dialogues, fireside chats, exhibitions, and high-level networking sessions.
Convention delegates can anticipate a dynamic and insightful experience, marked by thought leadership from leading policymakers and regulators, in-depth discussions on key topics such as sustainability, ESG, digital gold, and responsible sourcing, as well as valuable opportunities to forge public-private partnerships and investment deals.
Moreover, the event will offer practical action points aimed at unlocking greater economic value for Ghana.
The 2025 edition will be supported by a strong coalition of strategic partners, including the Ministry of Lands and Natural Resources, the Minerals Commission, GoldBod, the Minerals Income and Investment Fund (MIIF), and the Ghana Extractive Industries Transparency Initiative (GHEITI).
