SSNIT justifies sale of stake in 4 hotels


benefits
A
branch
of
SSNIT

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The
Social
Security
and
National
Insurance
Trust
(SSNIT)
has
justified
is
decision
to
sell
60
percent
stake
in
four
of
its
hotels.

According
to
SSNIT,
it
has
so
far
invested
over
GHC230
million
to
revive
the
hotels,
but
all
the
hotels
have
failed
to
bring
returns.

Director-General
of
SSNIT,
Kofi
Osafo-Maafo
said
this
when
he
addressed
a
news
conference
in
Accra
on
July
8.

More
soon…

Read
also:


Move
to
sell
SSNIT
hotels
was
announced
in
the
Daily
Graphic
&
Times;
claim
it’s
shrouded
in
secrecy
baffles
me

Elizabeth
Ohene