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GNAT Records About  Gh¢90m Revenue in 2015

GNAT Records About Gh¢90m Revenue in 2015

The Ghana National Association of Teachers has made a total revenue of Gh¢90.394million through its ‘Teachers Fund’ in the 2015 financial year.This according to the union is about a 60% increment from the revenue made from the 2014 financial year.

The revenue jumped from Gh 68.587 million to Gh 170.142 million recording 148% increase from the previous year.
The Teachers fund of the Ghana National Association of Teachers has acquired 60% stake in Aviance Africa, the first ever alliance of airport services providers.

In 2015, a total amount of Gh¢149.47 million was granted as loans representing 13% over the Gh¢ 132.66 million granted in 2014. A total of 32,529 members were granted loan in 2015.


The Fund is happy to report that members contribution is the only deduction on the Government payroll by Third Party institution, which attracts 1% service charge instead of the 3%. This is as a result of negotiations by management.

Source:EducationGhana.net

About Ellis Ferdinand

Ellis Ferdinand is the Founder/Chief Executive Officer of EducationGhana Limited and the Managing Editor at EducationGhana.net . He is a passionate writer,a publicist and an online Marketer and Promoter. He is Ghana's number 1 Education Blogger who brings all happenings in the Ghanaian Education Sector ,from Basic to Tertiary, to the doorsteps of readers on EducationGhana.net He is also the Founder of Education Awards Ghana which will soon be launched in Ghana to help boosts the Education Sector. He is Passionate about Promoting Education in Ghana, Africa and the world at large. Ferdinand Completed Accra College of Education and was Awarded a Diploma In Basic Education by the University of Cape Coast and Currently reading Psychology and Foundation of Education with Management and Accounting Options at the University of Cape Coast in Ghana. Ferdinand is willing to work with any organization who believes in Promoting quality business as well as Education in Ghana and Africa. You can Contact him for Promotion of Events,Advertisements,Publications and any other business through Education Ghana.

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