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
    Quantum LC, WBHO donate €75,000 heater-cooler unit to National Cardiothoracic Centre
    September 12, 2026
    School placement crisis is self-inflicted – Awudu Ishaq
    September 11, 2026
    Ending double-track without more SHS capacity could leave thousands out – Ofosu Ntiamoah
    September 11, 2026
    Over 313,000 students seek just 76,417 category A SHS places – Nat Tetteh
    September 11, 2026
    Political privilege undermines fairness in school placement – Awudu Ishaq
    September 11, 2026
  • Business
    BusinessShow More
    Sunbeth Global Concepts launches Sustainability Report, becomes first Nigerian agricultural firm to adopt IFRS S1 and S2 Standards
    September 11, 2026
    Ahantaman Community Bank appoints Samuel Nyanzu Ackah as new CEO
    September 9, 2026
    Nilee Consult to host 5th Business Growth Accelerator Workshop in Accra
    September 9, 2026
    B5 Plus calls for import bans to protect Ghanaian manufacturers and create jobs
    September 8, 2026
    Christian Council commends GoldBod on responsible gold management
    September 8, 2026
  • Politics
    PoliticsShow More
    Mahama swears in three Supreme Court Justices; calls for judicial independence and faster justice delivery
    September 11, 2026
    Political privilege undermines fairness in school placement – Awudu Ishaq
    September 11, 2026
    Ghana Cannot Continue to Love the Diaspora’s Money and Fear Its Voice
    September 11, 2026
    SA evacuation: Minority demands detailed account of ¢16m Engineers and Planners contribution
    September 10, 2026
    You’re the backbone of party structures – Afoko rallies NPP women
    September 10, 2026
  • Entertainment
    EntertainmentShow More
    Ghanaian Gospel Music legend, Bernice Offei dies
    September 12, 2026
    Starr FM set to premiere ‘Morning Rounds with Dr Sompa’ on September 5
    September 3, 2026
    Kojo Antwi, Meiway to unite African music fans in London for historic concert
    August 31, 2026
    Dissolve Creative Arts Ministry; it offers no support to industry players – Shatta Wale
    August 31, 2026
    God told me in 2012 He was shifting my ministry – Ohemaa Mercy
    August 31, 2026
  • Sports
    SportsShow More
    Ghana unveils female mini football national team, targets rise to Africa’s summit
    September 3, 2026
    Open Letter to Kofi Adams: Give Ghana Two Hybrid Pitches and Establish a Lasting Legacy 
    September 2, 2026
    World Cup Fundraising Committee must clarify Shatta Wale’s GH¢5m claim – Wonder Mandel
    August 31, 2026
    Sports Ministry not responsible for GH¢5m Shatta Wale debt – Minister’s aide
    August 30, 2026
    EduSpots launches its Digital Champions Programme
    August 28, 2026
  • Technology
    TechnologyShow More
    Samsung Galaxy S26 FE Delivering Latest Flagship AI, Camera Experiences
    August 27, 2026
    YEA CEO urges youth to avoid recording private sexual activities amid rise in leaked videos
    August 20, 2026
    Here’s Why Samsung Galaxy Z Fold8 Is Perfect Device for Your Favourite Content – Pre-Order Today!
    August 18, 2026
    Nearly 1,000 scam numbers linked to fake Google profiles targeting Ghana food chains – TrustGH
    August 17, 2026
    NYA CEO urges youth to use social media for positive change, not violence
    August 12, 2026
  • International
    InternationalShow More
    In Pictures: Chef Abbys showcases Ghanaian cuisine at London’s Black On The Square
    September 8, 2026
    Chef Abbys arrives in London ahead of Black On The Square, set for BBC Radio interview
    September 4, 2026
    Edibeck Consult’s cultural Exchange Delegation engages Ghana Embassy in Belgium
    September 3, 2026
    Chef Abbys to showcase Ghanaian cuisine at London’s Black On The Square Festival
    September 2, 2026
    EIB’s Joshua Kodjo Mensah appointed Official Host of Global Entrepreneurship Festival
    September 1, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Halt the process of selling SSNIT hotels to Bryan Acheampong – Organize Labour
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.
BusinessHeadlines

Halt the process of selling SSNIT hotels to Bryan Acheampong – Organize Labour

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published May 21, 2024
Share
SHARE

Organized Labour says the government must reconsider the decision to sell the Social Security and National Insurance Trust (SSNIT) shares in four hotels to Rock City Hotel, owned by Bryan Acheampong.

This comes on the back of SSNIT almost done with the deal of selling its 60% shares in Labadi Beach Hotel, LA Palm Royal Beach Resort, Ride Royal Hotel, and Elmina Beach Resort to Rock City Hotel.

The North Tongu Member of Parliament, Okudzeto Ablakwa, has petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) to probe the sale of six hotels including Labadi Beach Hotel, La Palm Royal Beach Resort, Elmina Beach Resort, Ridge Royal Hotel, Busua Beach Resort, and the Trust Lodge Hotel to Bryan Acheampong.

But SSNIT in response indicated that based on its criteria set out for the sale, Rocky City submitted the best among the proposals.

“Based on the criteria set out in the RFP, Rock City Hotel submitted the best and strongest technical and financial proposal amongst those received. Consequently, it is in negotiation with SSNIT to buy a 60% stake in each of the four (4) hotels (Labadi Beach Hotel, La Palm Royal Beach Resort, Ridge Royal Hotel, and Elmina Beach Resort),” SSNIT added in a statement.

At a press conference in Accra on Monday, the Secretary-General of the Trades Union Congress, Dr Yaw Baah asked the government to halt the process.

He warned of a potential nationwide strike by workers should the government ignore them and proceed.

“The process is going on and in fact, they are even speeding it up and we don’t think that is right.

“We do not think that the regulation that guides the sale of state assets was followed. We do not think that the necessary due diligence was done. we cannot imagine that state properties will be sold to a minister of state.”

“For us, it is state capture and that should be stopped and stopped immediately. And if the Minister for Pensions who is also the Minister for Employment and Labour Relations fails to stop SSNIT, we workers of Ghana, we own the funds, we will stop that process.”

Source: Ghana/Starrfm.com.gh/103.5FM

You Might Also Like

Ghanaian Gospel Music legend, Bernice Offei dies

Sunbeth Global Concepts launches Sustainability Report, becomes first Nigerian agricultural firm to adopt IFRS S1 and S2 Standards

School placement crisis is self-inflicted – Awudu Ishaq

‘We’ll expose their shameless hypocrisy’ – Apaak fires back at NPP over CSSPS criticism

Ending double-track without more SHS capacity could leave thousands out – Ofosu Ntiamoah

TAGGED:bryan acheampongLabadi Beach HotelRock City Hotelsale of SSNIT hotelsSocial Security and National Insurance Trust (SSNIT)
Share This Article
Facebook Twitter Email Print
Share
Previous Article Okyenhene lauded as innovative, transformative traditional leader at his 25th-anniversary launch
Next Article Bryan Acheampong acquiring SSNIT hotels morally wrong – Prof. Agyemang-Duah

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?