Also known as: SSNIT
Ghana's social security and pension fund that demolished beach traders' structures at Labadi in October 2026 and announced redevelopment plans.
News reports
Order a long-term news report on Social Security and National Insurance Trust
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
Joy Online
… Authorities of the hotels which adjoin the area, and are owned bythe Social Security and National Insurance Trust (SSNIT),have also cited concerns about security and damage to the coastal ecosystem. …
Before the bulldozers arrive: What the state owes workers in the informal economyJoy Online
… Under the agreement announced on October 1, 2026, Attijariwafa Bank is expected to acquire a 55.22% stake, while the Social Security and National Insurance Trust (SSNIT) will acquire an additional 5%. …
BoG clears Attijariwafa Bank’s takeover of Société Générale GhanaJoy Online
The Social Security and National Insurance Trust (SSNIT) says the redevelopment of the beachfront adjoining Labadi Beach Hotel and La Palm Royal Beach is intended to transform the area into a properly planned tourism destination while creating wider economic opportunities for the …
SSNIT outlines plans to transform Labadi beachfront into tourism hubJoy Online
… The Social Security and National Insurance Trust (SSNIT), whose investment portfolio includes the Labadi Beach Hotel and La Palm Royal Beach Hotel, also said it had requested National Security intervention over what it described as persistent unlawful occupation, encroachment and …
Freddie Blay alleges Mahama ordered demolition of son’s Polo Beach Club at La BeachJoy Online
… On Friday, October 2, several structures and businesses along the La Beach area, including La Pleasure Beach and Polo Beach Club, were demolished by the Social Security and National Insurance Trust (SSNIT), owners of Labadi Beach Hotel and La Palm Royal Beach Hotel in Accra. …
Bawumia promises leases and redevelopment for businesses affected by La Beach demolitionJoy Online
… READ ALSO: La Dadekotopon NDC, MP demand answers over demolition of La Pleasure Beach Meanwhile, the Social Security and National Insurance Trust (SSNIT) has, in a statement issued by its Board of Trustees, explained its decision to seek the removal of structures and unauthorised …
Bawumia condemns La Pleasure Beach demolition, questions destruction of movable assetsJoy Online
… She attributed the demolition to the Labadi Beach Hotel and the Social Security and National Insurance Trust (SSNIT), working with National Security. …
La Dadekotopon NDC, MP demand answers over demolition of La Pleasure BeachJoy Online
The Social Security and National Insurance Trust (SSNIT) has, in a statement issued by its Board of Trustees, explained its decision to seek the removal of structures and unauthorised occupants from the beachfront adjoining the Labadi Beach Hotel and La Palm Royal Beach Hotel in …
SSNIT says La Beach clearance was to protect hotel investments, beaches to remain publicThe Chronicle
The Social Security and National Insurance Trust (SSNIT) has increased its shareholding in Société Générale Ghana by an additional five per cent, bringing its total stake in the bank to 24.36 per cent. …
SSNIT raises stake in Société Générale Ghana to 24.36%Joy Online
The Social Security and National Insurance Trust (SSNIT) has increased its shareholding in Société Générale Ghana to 24.36% after acquiring an additional 5% stake in the bank. …
SSNIT increases stake in Société Générale Ghana to 24.36%The National Organiser of the New Patriotic Party has urged traditional authorities in Greater Accra to intervene after National Security operatives demolished traders' stalls at La Pleasure Beach on behalf of Labadi Beach Hotel, calling on chiefs to engage President John Dramani Mahama and his appointees over the action.
30 October 2026 · Joy Online →
The National Organiser of the New Patriotic Party has urged traditional authorities in Greater Accra to intervene after National Security operatives demolished traders' stalls at La Pleasure Beach on behalf of Labadi Beach Hotel, calling on chiefs to engage President John Dramani Mahama and his appointees over the action.
30 October 2026 · Joy Online →
The Coalition of La Associations has demanded immediate and fair compensation for businesses and vendors affected by demolitions at Laboma Beach Resort and La Pleasure Beach, calling the operations economically devastating. COLA stated the La coastline has provided employment, supported families and attracted tourists for generations.
28 October 2026 · Joy Online →
The management committee of La Pleasure Beach has filed a High Court suit against Hotel Investments (Ghana) Limited, La Palm Beach Hotel Limited, and SSNIT, alleging they unlawfully demolished its office and licensed facilities. The lawsuit centres on a dispute over who has legal authority to manage the beach, with the committee claiming it was established under a Court of Appeal order dated July 21, 2022.
28 October 2026 · Joy Online →
The Tema Oil Refinery has reduced its debt from $650 million to about $300 million through a restructuring programme supported by the Energy Sector Levies Act, according to its Managing Director. The refinery has also settled exposures to four banks as part of efforts to restore its financial viability.
27 October 2026 · Joy Online →
Tema Oil Refinery's managing director reports the refinery was near total collapse upon his January 2025 appointment, with GH¢10 billion in accumulated losses, debt of $517 million, and two major production units non-functional since 2019 and 2021 respectively.
26 October 2026 · The Ghanaian Times →
The Tema Oil Refinery reported a profit before tax of GH¢1.24 billion in 2025, its first profitable year in a decade, attributed to prudent management and improved commercial operations. The refinery reduced trade and other payables from GH¢7.1 billion to GH¢5 billion and cut receivables days from 1,099 to 652.
26 October 2026 · Joy Online →
The Tema Oil Refinery's Managing Director disclosed that when the current management assumed office in May 2025, TOR had accumulated losses of approximately GH¢10 billion and debt of about US$517 million, alongside a negative equity position of GH¢7.6 billion by end-2024. He attributed the deterioration to prolonged operational shutdowns, outstanding statutory obligations, and growing liabilities, noting that key production units had been inactive since 2019–2021 and audited financial statements had not been filed for six years.
26 October 2026 · Joy Online →
Security forces cleared about 30 structures at Labadi Beach on October 2 at the request of Labadi Beach Hotel, which is owned by the State's pension fund. The Presidency denied it was a government operation, but the demolition affected 85 businesses and about 4,000 jobs, mostly held by women.
26 October 2026 · Daily Guide →
Joy Online examines the credibility of two former Lighthouse bishops—Emmanuel Oko Mensah and Lawrence Odonkor—who criticised Dag Heward-Mills and Lighthouse Chapel International in a Belgian documentary, noting their earlier public statements of gratitude and suggesting viewers should consider their background before reaching conclusions.
25 October 2026 · Joy Online →
Petra Master Trust's pension schemes achieved returns of up to 15.63%, exceeding the inflation rate of about 5.4% and preserving contributors' purchasing power. The Petra Advantage Pension Scheme recorded growth of about GH¢800 million to just under GH¢4 billion, while the Petra Opportunity Pension Scheme grew by approximately GH¢544 million to GH¢2.64 billion.
23 October 2026 · Joy Online →
Finance Minister Dr. Cassiel Ato Forson announced that the government has paid over GH¢4.40 billion to SSNIT and for second-tier pension obligations, stating the payments protect workers' pensions and demonstrate the government's commitment to managing public money responsibly.
23 October 2026 · Joy Online →
The Social Security and National Insurance Trust (SSNIT) has launched its 2026 Mobile Service Week in Techiman, establishing 68 temporary service touchpoints across the country from October 19–23 to bring pension services closer to members. As of September 2026, SSNIT had paid GH¢6.71 billion in benefits including monthly pensions, invalidity pensions, and survivors' benefits.
20 October 2026 · Joy Online →
The Social Security and National Insurance Trust (SSNIT) has intensified efforts to bring informal sector workers onto its pension scheme through a sensitization float in Techiman, Bono East Region, as part of its Self-Employed Enrolment Drive (SEED) campaign. The drive aims to offer self-employed and informal sector workers social protection and reliable income during retirement.
15 October 2026 · Joy Online →
Polo Beach Club, demolished in October at Labadi Beach Hotel in Accra during a security-led clearance operation, has posted video hints of relocation and rebuilding, with clubgoers anticipating reopening ahead of "Detty December."
15 October 2026 · Daily Guide →
Ghana's economy expanded by 6.0 per cent in Q2 2026, but growth was uneven: services grew 8.0 per cent while agriculture slowed to 3.9 per cent from 7.1 per cent a year earlier, and industry grew 4.3 per cent. Overall growth slowed compared to 6.6 per cent in Q2 2025.
15 October 2026 · Joy Online →
Job advertisements in selected print and online media increased 32.4% year-on-year to 3,578 in July 2026, compared with 2,703 in July 2025, while private-sector SSNIT contributors grew 6.1% to 1,178,451 over the same period.
14 October 2026 · Joy Online →
Ghana's consumer spending and manufacturing activity showed mixed signals in July 2026 and the first seven months of the year. Domestic VAT collections increased 11.5% year-on-year in July and 13.8% cumulatively for seven months, while retail sales declined 1.5% in July but rose 2.2% cumulatively; direct tax collections also surged 53.5% year-on-year in July and 27.7% for the seven-month period.
14 October 2026 · Joy Online →
An opinion piece argues that SSNIT, Ghana's pension fund, fails to meet its mandate because board appointments are made as political rewards rather than based on investment expertise, resulting in poor-performing ventures like estate development that waste contributor resources.
13 October 2026 · Daily Guide →
Structures at La beachfront in Accra were demolished on 2 October under National Security supervision, destroying beachside businesses and displacing workers. The demolition, linked to SSNIT's interests in Labadi Beach Hotel, has generated dispute over land ownership, compensation, and whether occupants were properly characterized as squatters.
13 October 2026 · Joy Online →
The Network of Administrative Professionals Ghana held a two-day Administrative Professionals Summit on 8–9 October 2026 in Accra, drawing over 90 virtual participants and about 85 in-person delegates to focus on positioning administrative professionals as strategic contributors to organisational value.
12 October 2026 · Joy Online →
SSNIT says the proposed redevelopment of Labadi beachfront will create jobs, support local businesses and expand economic opportunities for residents of La and surrounding communities, transforming it into an organised leisure and tourism destination with restaurants, beach lounges, water sports, wellness facilities and retail outlets.
12 October 2026 · Joy Online →
In this opinion piece, Samson cautions that legal procedures and court decisions should occur before any state demolitions proceed, citing delayed La Pleasure Beach demolition and earlier concerns about National Cathedral site clearance as examples of the need to establish facts and law before irreversible state action.
10 October 2026 · Joy Online →
The La Traditional Council has suspended all redevelopment plans by SSNIT for the demolished La Pleasure Beach Resort, citing unhappiness with the demolition exercise being carried out without prior consultation. Both SSNIT and National Security apologised for failing to engage the traditional authorities before the demolition.
8 October 2026 · The Ghanaian Times →
President John Dramani Mahama will soon cut sod for construction of the 81,422 square metre Accra Convention Centre, SSNIT's latest major investment at the Ghana Trade Fair Centre in La. The state-of-the-art facility will feature a 3,000-seater main conference hall, a Presidential Hall, four large auditoriums and other amenities, expected to position Accra as a leading destination for international conferences and events while creating jobs.
7 October 2026 · The Ghanaian Times →
The La Traditional Council says SSNIT's plans to redevelop the demolished La Pleasure Beach Resort have been suspended pending consultations with key stakeholders. The suspension follows a meeting convened after the Council raised concerns about the facility's demolition and what it views as inadequate consultation before the exercise.
7 October 2026 · Joy Online →
Demolitions at Labadi Pleasure Beach Resort on 2 October 2026 removed structures from the shoreline, sparking debate over who owns Ghana's beaches. According to the article, the foreshore is public land vested in the state under Ghanaian law, though traditional authorities have sometimes claimed ownership extending to the shoreline.
7 October 2026 · Joy Online →
The La Traditional Council and the MP for La-Dade-Kotopon have called for a halt to La Pleasure Beach redevelopment plans following demolition of structures at the facility, saying proper consultation with traditional authorities and stakeholders must occur first. The Council's chief said they were not formally notified before demolition despite being the traditional landowner, though he acknowledged redevelopment could benefit the state if it generated greater value from the site.
7 October 2026 · Joy Online →
President Mahama will soon break ground on the Accra Convention Centre, an 81,422-square-metre SSNIT-funded facility at the Trade Fair Centre featuring a 3,000-seater main hall, Presidential Hall, and four auditoriums designed to host major international conferences and events.
7 October 2026 · Joy Online →
Finance Minister Dr Cassiel Ato Forson is promoting a "New Economy" aimed at boosting local production and job creation, but an opinion writer argues the government should first account for previous initiatives like the 24-Hour Economy, which promised 1.7 million jobs by 2028 and received GH¢110 million in 2026 funding but has only shown limited documented results.
7 October 2026 · Joy Online →
A committee will be constituted by early next week to determine appropriate compensation for persons whose businesses and properties were affected by the recent demolition of facilities at La Pleasure Beach in Accra. The committee will include representatives from SSNIT, the La Dadekotopon Municipal Assembly, traditional authorities, beach management, and the area's MP Naa Odoley Sowah, who said data on displaced persons had already been gathered to assess their circumstances.
6 October 2026 · Joy Online →