The Social Security and Housing Finance Corporation (SSHFC) has been awarded a one‑month staff bonus after achieving outstanding results under the national performance framework for state‑owned enterprises.
The recognition follows a positive 2025 assessment by the State‑Owned Enterprises Commission, underscoring SSHFC’s transformation and growth under Managing Director Saloum Malang and the Corporation’s Board of Directors.
Over the past three years, SSHFC has reported significant financial and operational gains. Total income surged from more than D401 million in 2023 to over D1.04 billion in 2025, while assets expanded from D8.54 billion to nearly D11 billion. Members’ funds also rose sharply, climbing from D8.33 billion in 2023 to D10.11 billion in 2025, strengthening the long‑term security of contributors and beneficiaries.
In 2025, the Corporation declared D246.5 million in interest to members—an increase on the previous year—while mortgage and contribution collections improved markedly, reflecting stronger compliance and operational efficiency.
SSHFC has also emphasized governance and accountability, submitting financial reports on time and securing favorable audited accounts across all funds.
Management expressed gratitude to the Gambian government, the Board, staff, employers, contributors, pensioners, and partners for their continued trust. The Corporation reaffirmed its commitment to enhancing social security and housing finance services, improving customer experience, and delivering sustainable value to the Gambian people.
