Sale of SSNIT hotels

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SSNIT Hotels: Objections from Labour unions and other stakeholders made us terminate the process – SSNIT Boss

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Director-General of SSNIT, Kofi Osafo-Maafo Advertisement The Director-General of the Social Security and National Insurance Trust (SSNIT), Kofi Bosompem Osafo-Maafo, has disclosed that the objections from labour unions and other stakeholders against the sale of the four hotels caused the Trust to abrogate the deal. Speaking in an interview on Accra-based Citi FM, Mr. Osafo-Maafo … Read more

Sale of SSNIT hotels to Rock City: Transaction Advisory Report disqualifies transaction – Abraham Koomson

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One of the hotels in the deal Advertisement The General Secretary of the Ghana Federation of Labor, Abraham Koomson, has strongly opposed the proposed sale of SSNIT hotels, citing findings from the SSNIT Transaction Advisory report. According to him, the SSNIT Transaction Advisory report reveals that the Rock City Hotel’s (RCH) funds are insufficient to … Read more

Sale of SSNIT hotels: Ghana Federation of Labour to stage multiple demonstrations if deal is not halted

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Abraham Koomson Advertisement The Ghana Federation of Labour has warned of massive multiple demonstrations if officials of the Social Security and National Insurance Trust (SSNIT) refuse to rescind the decision to sell 60% shares of its four hotels to Rock City Limited. A livid General Secretary of the group, Abraham Koomson, has called on the … Read more

Sale of SSNIT Hotels: The company that bid for Freddie Blay’s son did not meet the requirement – SSNIT D-G

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Director-General of SSNIT, Kofi Osafo-Maafo Advertisement The Management of Social Security and National Insurance Trust (SSNIT) has discounted claims that the son of former Chairman of the New Patriotic Party (NPP), Freddie Blay submitted a bid of over $150 million for the 60% stake in the four hotels on sale. The Director-General of SSNIT, Kofi … Read more