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ECONOMY-FINANCE

NEW: Teacher Unions (GNAT NAGRAT & CCT-GH give CAGD ultimatum to make payment of GESOPS benefits

The Ghana National Association of Teachers (GNAT), National Association of Graduate Teachers (NAGRAT), and the Coalition of Concerned Teachers-Ghana (CCT-GH) have expressed their displeasure towards the inability of the Controller and Accountant General’s Department (CAGD) to make payment of the Ghana Education Service Occupational Pension Scheme (GESOPS) funds for the past four months. “We write to inform you that our checks with our Fund Board i.e Ghana Education Service Occupational Pension Scheme (GESOPS)

  9 months ago ago
NEW: Teacher Unions (GNAT NAGRAT & CCT-GH give CAGD ultimatum to make payment of GESOPS benefits

ECONOMY-FINANCE

Revealed: Improved Benefits Of Teachers Mutual Fund(GNAT)

Ghana National Association of Teachers(GNAT)Mutual Fund, Improved Benefits For Teachers The Fund offers four types of loan to its members. These are Personal, Investment Capital, Habitat and Vehicle loans. Teachers who contribute monthly to the fund qualified for the following benefits: PERSONAL LOAN This is a 12-60 month facility made available to registered members of the Fund who have the Unique Fund Identification Number to enable them to resolve their short-term financing needs. These may include rent

  9 months ago ago
Revealed: Improved Benefits Of Teachers Mutual Fund(GNAT)

BUSINESS

6 Money Saving tips that could help you become rich

Now and again the most ideal approach to begin setting aside cash is basically to turn out to be more mindful of your accounts and ways of managing money. With a comprehension of your spending plan and your actual needs, you may begin taking care of more cash than you ever anticipated.  To help you with figuring out how to set aside cash and accomplish your monetary objectives we've accumulated top-notch of powerful approaches to set aside cash:  1. Record your costs  The first step to begin

  1 year ago ago
6 Money Saving tips that could help you become rich

ECONOMY-FINANCE

Retirement Benefits For Ghana Education Service Occupational Pension Scheme(GESOPS) Members

The Temporal Pension Fund Account (TPFA) is a members 5% monthly contributions with accrued interest from January 1, 2010 to August 31, 2016. The TPFA was handed over to the NPRA for onward transfer to all public sector pension schemes, including GESOPS, in November 2017. Education sector workers’ TPFA contributions are currently being managed by GESOPS. Regular Monthly Contributions Like all Tier-2 pension schemes, members contribute 5 of the total social security of 18.5% which is deducted from their monthly

  10 months ago ago
Retirement Benefits For Ghana Education Service Occupational Pension Scheme(GESOPS) Members

BUSINESS

Important Notice To All GNAT Members On Reduction Of Teachers' Fund Interest Rates

l Greeting lovely people, it's another day which the Almighty God has blessed us with, and we need to thank him for his mercy and love for you and I. May every limitation upon your life shall give way to God's blessings. Information cited on the National Association of Teachers Teachers (GNAT) Teacher's Fund website indicates that the interest rate of the fund has been reduced from 18% per annum to 16% per annum with effective from November 21st this year. The letter read ; Reduction of interest rate from 18%

  1 year ago ago
Important Notice To All GNAT Members On Reduction Of Teachers' Fund Interest Rates

ECONOMY-FINANCE

Government Reiterated Commitment To Pay All Depositers Of Fund Management Companies

Pictures are for illustration purposes only. Many aggrieved customers stepped up their game into the later part of last year 2020 in attempts to get their locked up investments. Chief among these people are the aggrieved customers of defunct savings and loans institutions and fund management companies such as Gold Coast Fund Management Limited and Firstbanc Fund Management. The president reiterated his commitment to pay every aggrieved investor during his state of the nation address (SONA) on 5th January 2021.

  11 months ago ago
Government Reiterated Commitment To Pay All Depositers Of Fund Management Companies

ECONOMY-FINANCE

Government To Pay 82,000 Gold Coast Fund Management Aggrieved Customers

Pictures are for illustration purposes only. The Securities and Exchange Commission (SEC) has announced plans to pay the Gold Coast Fund Management Companies a fixed amount of GHc50,000 each on humanitarian grounds. The Securities and Exchange Commission upon deliberation stated that they had to take this action because of the plight of customers most of whom are pensioners. Is this a little bit too late though? The question we are however asking is why is the ruling government doing this eighteen days to the

  1 year ago ago
Government To Pay 82,000 Gold Coast Fund Management Aggrieved Customers

ECONOMY-FINANCE

GNAT Propose An Increase In Each Member's Cancer Fund Contribution

Members of the Ghana National Association of teachers have complained a day in day out about continuous payment of funds with nothing good coming from their leaders.

  9 months ago ago
GNAT Propose An Increase In Each Member's Cancer Fund Contribution

ECONOMY-FINANCE

Log into GESOPS Portal and Create Account For your Pension Scheme - GNAT To Teachers

Log Onto GESOPS Portal and Create Account For your Pension Scheme - GNAT To Teachers  Ghana Education Service Occupational Pension Scheme(GESOPS) is the fund manager of Tier-2 pension scheme for teachers and Ghana Education Service staff.

  9 months ago ago
Log into GESOPS Portal and Create Account For your Pension Scheme - GNAT To Teachers

ECONOMY-FINANCE

Ghanaians Ask Serious Questions After Leaders Of The Covid 19 Fund Begs For Extra Cash For PPEs

Ghanaiana has openly vented their anger on the Ghana Health Service on what they believed is humanly absurd and out of thinking realism. Their anger errupted after the COVID-19 National Trust Fund came out appealing for funds to purchase Personal Protection Equipment (PPE) for frontline workers leading the fight against COVID-19 in Ghana. They believe the current hikes in the Corona Virus pandemic in the country is overwhelming, hence it looks potent to place health workers and front liners in big danger without

  10 months ago ago
Ghanaians Ask Serious Questions After Leaders Of The Covid 19 Fund Begs For Extra Cash For PPEs

BUSINESS

Why SEC Must Apologize To Aggrieved Customers Registering With PBAY

The Securities and Exchange Commission has warned clients of defunct Fund Management Companies to stop signing up with PBAY. The SEC has sounded this warning to curtail the rush by aggrieved customers who the regulator has failed woefully to help for over two years now. PBAY, according to reports stated they have the wherewithal and the necessary connections in the ruling government to facilitate the payments of locked up investments to aggrieved customers. They are therefore asking for two (2%) percent of locked

  1 year ago ago
Why SEC Must Apologize To Aggrieved Customers Registering With PBAY

BUSINESS

In Spite Of Government's Interventions, SEC Is Still Lagging In Paying Investors

The Securities and Exchange Commission has been lagging in its attempts to pay investors of defunct Fund Management Companies. More than one month after the ruling NPP government released funds worth GHc3.1 billion to the Securities and Exchange Commission (SEC) to settle aggrieved and suffering investors, the payment process has been at snail pace so far. While CBG has completely finished the payments of affected customers whose bonds were converted to cash by the ruling government, the SEC stated that they

  1 year ago ago
In Spite Of Government's Interventions, SEC Is Still Lagging In Paying Investors

ECONOMY-FINANCE

The Worst Affected Investors Maligned By The SEC And The Ruling Government

In all the struggle, the pain, the deaths and hopes of getting back invested funds from the financial sector which was cruelly mismanaged and subsequently cruelly collapsed are the mutual funds and equity funds investors who have been the worst hit. They have no hope as to when their funds will be made available to them. The Securities and Exchange Commission did not allow them to even fill any forms for validation. They have been told they are not part of the bailout process and there is really no end in sight

  1 year ago ago
The Worst Affected Investors Maligned By The SEC And The Ruling Government

ECONOMY-FINANCE

5 Things That Would Make You Poor Fast

Presently is the best an ideal opportunity to set up great spending and investment funds propensities. On the off chance that you are not cautious with your cash, you hazard having similar issues, or more regrettable, down the line. You need to maintain a spending plan in control to know where you stand monetarily, so that should be your initial step. Likewise, there are terrible monetary practices that will set you up for disappointment. You additionally will experience difficulty later on if you spend more

  11 months ago ago
5 Things That Would Make You Poor Fast

BUSINESS

71 Percent Of Depositers Will Not Invest With Fund Management Companies Due This Infraction

The cruel nature with which the financial sector clean up was conducted has left in its wake challenges that even the regulator seem overwhelmed to adequately resolve. It will be recalled that the financial sector mess was complicated because all the financial institutions did business with one another and therefore the blantant use of the same formula to apply to all the institutions was absolutely wrong. It created further problems for other financial houses which have yet to be resolved. In the wake of the

  1 year ago ago
71 Percent Of Depositers Will Not Invest With Fund Management Companies Due This Infraction

BUSINESS

Nana Addo Government Order “Partial Payment” Of Locked Up Funds Of Gold Coast Customers And Others

The Nana Addo Dankwa Akufo Addo government made a promote to pay the citizens whose funds was locked up due to bad management of some banks and micro finance which affected the financial and banking sector. The Securities and Exchange Commission (SEC) has announced in a statement dated Wednesday, 18 November 2020. In the statement they made it clear saying “acting within its mandate of protecting investors and the integrity of the market “‘ its wishes to announce the outcome of its deliberations with the

  1 year ago ago
Nana Addo Government Order “Partial Payment” Of Locked Up Funds Of Gold Coast Customers And Others

BUSINESS

GNAT Members Happy With The New Reduction In Mutual Fund Interest Rate, Check Details

Good and refreshing news from GNAT Mutual Fund. Greeting lovely people, it's another day which the Almighty God has blessed us with, and we need to thank him for his mercy and love for you and I. May every limitation upon your life shall give way to God's blessings. A recent letter cited from GNAT Mutual Fund indicates that the much awaited great news is finally in. Information cited on the National Association of Teachers Teachers (GNAT) Teacher's Fund website indicates that the interest rate of the fund has

  1 year ago ago
GNAT Members Happy With The New Reduction In Mutual Fund Interest Rate, Check Details

ECONOMY-FINANCE

COVID-19 Funds Have Accumulated More Than 57 Million GHS.

Ms. Akosua Frema Osei-Opare, Director of the General Office, revealed that as of mid-December 2020, in addition to in-kind donations organized by the company, the COVID-19 National Trust Fund has also received 57.15 million GHS in cash donations.  Mrs. Osé-Oparé announced this in the 72nd New Year School. He pointed out that to date, the fund has spent 49.29 million GHS for various programs.  The beneficiary institutions include the Ghana Health Service, some hospitals and medical institutions, COVID-19

  10 months ago ago
COVID-19 Funds Have Accumulated More Than 57 Million GHS.

ECONOMY-FINANCE

$100 million Covid-19 fund has been Spent – Agyeman-Manu

Minister of Health Mr Kwaku Agyeman-Manu has disclosed that some $100 million fund assigned for the treatment of COVID-19 has been spent. He reveled this information when he was called before the Parliament's Appointment committee on Wednesday February 10 2021. The Ministry of Health at the outset received $100 million from the World Bank to be spent on the coronavirus cases and that amount of money has been utilized according to it purpose. Mr Agyeman-Manu has reveled to the Parliament that a $120 million facility

  9 months ago ago
$100 million Covid-19 fund has been Spent – Agyeman-Manu

EDUCATION

Good and refreshing news from GNAT Mutual Fund For Teachers

Greetings Cherished reader. Latest filla from Mutual Fund of Ghana National Association of Teachers Teachers A recent letter cited from GNAT Mutual Fund indicates that the much awaited great news is finally in. Information cited on the Ghana National Association of Teachers Teachers (GNAT) Teacher's Fund website indicates that the interest rate of the fund has been reduced from 18% per annum to 16% per annum with effective from November 21st this year. The letter read ; Reduction of interest rate from 18% per

  1 year ago ago
Good and refreshing news from GNAT Mutual Fund For Teachers