
Audio By Carbonatix
The Social Security and National Insurance Trust - SSNIT has ventured into investing in Ghana’s aviation industry.The trust has over the years made investments in the real estate sector and financial stocks on the Ghana Stock Exchange.
JOY-BUSINESS can however confirm that SSNIT is a part owner of the latest entrant in the aviation industry – African World Airlines.It is however unclear how much stake SSNIT has in the new airline. Director General of SSNIT, Frank Odoom tells Joy Business the move has good prospects.“We believe it’s a good and viable investment which would be profitable” he noted.Other shareholders include SAS finance group, Cadfund and Hanan Airlines.
Meanwhile, Africa World is set to begin commercial operations tomorrow as the fifth domestic airline.This would be a commercial flight from Accra to Kumasi and back after an official launch. Chairman Togbe Afede told JOY-BUSINESS, their plan is to fly to West African cities with Ghana as the hub for its operations.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NPP relaxes nomination form collection rules amid payment platform delays
14 minutes -
IFRIG leads regulators, Ghanaian banks on non-interest banking and finance training in Malaysia
14 minutes -
Ashanti Health Directorate fights Neglected Tropical Diseases with distribution of free medications
18 minutes -
Kenya minister found in contempt of court over US-backed Ebola centre
25 minutes -
Four arrested over murder of couple in Zebilla District
44 minutes -
EasyJet says US bidder trying to buy it ‘on the cheap’ as it rejects £4.7bn offer
1 hour -
Telecel Ashanti codes programme: First cohort of 25 pupils graduate in Obuasi
1 hour -
Electricity tariffs increases by 3.49%, water by 0.85% effective July 1
1 hour -
Man, 22, arrested with skeletal parts at Sefwi Atronsu
2 hours -
Former Kenyan justice minister blocked from entering Uganda, lawyers’ body says
2 hours -
Kenya minister found in contempt of court over US-backed Ebola centre
2 hours -
Young entrepreneurs showcase innovative solutions at Health Innovation Festival 2026
2 hours -
2026 World Cup: Messi scores twice as Argentina beat Austria
2 hours -
2026 World Cup: Decision on Ati Zigi to be made tomorrow – Carlos Queiroz
3 hours -
Four dead, 5 critical as 8 houses collapse after torrential rainstorm in Cape Coast
3 hours