By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    C/R: Woman killed, husband paralyzed after building collapses at Agona Nyakrom
    July 7, 2026
    Assin: 15-year-old girl allegedly slashes schoolmate with cutlass over inappropriate touching
    July 7, 2026
    14-year-old defilement survivor tests HIV positive; Somanya Court jails one accused 20 years
    July 6, 2026
    Godfred Dame files motion to compel AG, BNI to produce former NAFCO CEO to Court
    July 6, 2026
    Manhyia Royal Family nominates Nana Ama Bonsu I as new Asantehemaa
    July 6, 2026
  • Business
    BusinessShow More
    BR Institute partners UPSA to expand entrepreneurship training for students
    July 7, 2026
    FABAG urges President Mahama to halt Ghana Easy Pass Programme, citing burden on businesses and consumers
    July 6, 2026
    First winners of ‘Buy Galaxy, Score Big’ rewarded
    July 1, 2026
    GIADEC signs €300M MOU with Danieli to develop Aluminum Foil Plant in Tema Integrated Industrial Park
    June 26, 2026
    BoG trains journalists on monetary policy, warns misinformation threatens economic stability
    June 26, 2026
  • Politics
    PoliticsShow More
    POPE declares bid for NPP National Youth Organiser, pledges to rebuild TESCON
    July 7, 2026
    Court grants AG, Wontumi more time to negotiate GHS30M Exim Bank case
    July 6, 2026
    Gift to the North: Karaga MP builds 6,000-capacity Mosque in Tamale
    July 6, 2026
    Gov’t intends to make Akyem Abuakwa “Red Gold” enclave to create jobs and boost economy – Chief of Staff
    July 5, 2026
    Okai Mintah declares bid for NDC National Youth Organizer
    July 2, 2026
  • Entertainment
    EntertainmentShow More
    Samsung Ghana powers culture and creativity at 2026 UG All Dance Carnival
    July 1, 2026
    Ghana Music Awards USA, WatsUp TV partner to amplify Ghanaian music on the global stage
    June 25, 2026
    WatsUp On Campus: Stonebwoy rocks UniMAC-IJ’s first-ever artiste night
    June 16, 2026
    itz Tiffany teases new anthem “Money” ahead of June 17 release
    June 12, 2026
    I am producing a new hit campaign song for NPP and Dr Bawumiah – Appietus
    June 6, 2026
  • Sports
    SportsShow More
    Morocco, Paraguay and Brazil march into FIFA World Cup Round of 16
    June 30, 2026
    Amb Ibrahim Yaghi transforms Asokwa Interchange into giant fan zone for Black Stars matches
    June 25, 2026
    Partey returns as Queiroz hints at major changes for Ghana’s clash with England
    June 23, 2026
    Messi breaks World Cup scoring record with brace against Austria
    June 23, 2026
    Yirenkyi’s last-gasp heroics lift Ghana as Black Stars edge Panama in World Cup Opener
    June 18, 2026
  • Technology
    TechnologyShow More
    GIMPA Tech Fair held as Samsung brings ‘Awesome Experience’ to event
    July 1, 2026
    Siniat joins ITALKOL and PIXEL PAINTS portfolio as ITALKOL celebrates a decade of industry impact
    June 23, 2026
    Child Rights International calls for ban on social media use for children under 17 in Ghana
    June 20, 2026
    Samsung Ghana expands access to AI-powered mobile experiences with the Galaxy A series
    June 2, 2026
    KNUST hosts FemSTEM Africa 2026 to empower the next generation of women health innovators
    June 2, 2026
  • International
    InternationalShow More
    High Court dismisses Abu Trica’s emergency application to halt extradition to US
    July 6, 2026
    Ghanaian students abroad to convene global forum on national development
    July 5, 2026
    Alleged romance scam: Lawyers for Abu TRICA file emergency application to halt extradition to US
    July 3, 2026
    Child Rights International calls for ban on social media use for children under 17 in Ghana
    June 20, 2026
    AG meets US Department of Justice over law enforcement cooperation
    June 18, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: SSNIT under pressure over $66m contract
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessEditors Pick

SSNIT under pressure over $66m contract

Starrfm.com.gh By Starrfm.com.gh Published August 23, 2017
Share
SHARE

The Social Security and National Insurance Trust (SSNIT) is under fire following its decisions to procure a software system at a tune of $66million.

The Operational Business Suit (OBS) system procured two years ago, was to enhance service delivery to customers in all the trust’s 50 branches across the country.

However, concerns had been raised about the cost of the project considering the meager pensions paid the trust’s contributors.

Commenting on the development Wednesday on Morning Starr, a Technology Expert Maximus Ametorgor said the amount involved is “ridiculous.”

“…What exactly does the software do? If we invest 10 percent of that money in a local software developer [he/she] could have developed a similar or better system,” he argued.

According to him, for an institution like the SSNIT, the OBS system should not have exceeded $200.000.00 but “if you are mentioning a million even to $66million it is ridiculous.”

Also, the co-founder of Mpedigree who is also the vice president of IMANI Selorm Brantie weighed in on the amount saying it should not have caused more than $15million.

He said the pension scheme could have engaged the services of a local company to cut down cost.

“There are enough companies in this country with expertise to deploy all of these things without having to bring in all these anonymous foreign entities that come and run our systems for us. There is enough expertise locally.

“When there is a track record of Ghanaian companies that have gone on and deployed large systems handling millions of specific data in different countries…I don’t see why we always have to go and bring some kind of foreign system to come and deploy locally when there are people locally who can do this for a quarter the price some of these other people offer,” he told Morning Starr host Francis Abban.

The trust, however, defended the cost of the project. According to its Acting Corporate Affairs Manager Victoria Abaidoo, the system was acquired after thoroughly exhausting the entire procurement process.

“…The usual thing SSNIT will do is to go through the procurement process. So, they went through the procurement process to get the vendors to also make the entire system for the trust,” she explained on Morning Starr Wednesday.

You Might Also Like

BR Institute partners UPSA to expand entrepreneurship training for students

FABAG urges President Mahama to halt Ghana Easy Pass Programme, citing burden on businesses and consumers

First winners of ‘Buy Galaxy, Score Big’ rewarded

GIADEC signs €300M MOU with Danieli to develop Aluminum Foil Plant in Tema Integrated Industrial Park

BoG trains journalists on monetary policy, warns misinformation threatens economic stability

TAGGED:OBS systemSSNIT
Share This Article
Facebook Twitter Email Print
Share
Previous Article Airtel Ghana offers special Hajj bundle for pilgrims
Next Article Afriyie Acquah: All you need to know about the Birmingham City transfer target

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?