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
    Mahama directs Zoomlion to activate all transfer stations
    July 12, 2026
    Nearly 1,600 delegates vote New Juaben South NPP Constituency Executive Elections
    July 11, 2026
    Ghana Gas staff join National Clean-up Exercise to support Mahama’s post-flood sanitation campaign
    July 11, 2026
    Zoomlion mobilises 2,000 workers, heavy equipment for National Cleanup Exercise
    July 11, 2026
    New Juaben South Assembly warns residents against using drug addicts, mentally ill persons for waste collection
    July 10, 2026
  • Business
    BusinessShow More
    No Court order reversing ownership of Black Volta – Azumah Resources
    July 9, 2026
    Zoomlion rallies behind President’s National Clean-up Exercise, deploys personnel and equipment to flood-hit areas
    July 8, 2026
    CMC secures Gulf offtake deals to support Mahama’s 50% local cocoa processing mandate
    July 7, 2026
    Ghana Gas denies role in Airport West Property purchase, says acquisition predates current management
    July 7, 2026
    BR Institute partners UPSA to expand entrepreneurship training for students
    July 7, 2026
  • Politics
    PoliticsShow More
    Nearly 1,600 delegates vote New Juaben South NPP Constituency Executive Elections
    July 11, 2026
    Greater Accra NPP describes as fake a letter purporting postponement of Weija-Gbawe elections
    July 10, 2026
    starrfm.com.gh
    Aggrieved NPP members urge NEC to annul Ablekuma West register over alleged fraud and irregularities
    July 10, 2026
    I’ve made huge investments in education in the Northern Region – Amin Adam
    July 10, 2026
    Human Rights Court strikes out Dame’s application to produce Ex-NAFCO CEO after withdrawal
    July 10, 2026
  • Entertainment
    EntertainmentShow More
    X Lor opens new chapter as debut EP Tornado arrives on streaming platforms
    July 10, 2026
    Samsung Ghana powers culture and creativity at 2026 UG All Dance Carnival
    July 1, 2026
    Ghana Music Awards USA, WatsUp TV partner to amplify Ghanaian music on the global stage
    June 25, 2026
    WatsUp On Campus: Stonebwoy rocks UniMAC-IJ’s first-ever artiste night
    June 16, 2026
    itz Tiffany teases new anthem “Money” ahead of June 17 release
    June 12, 2026
  • Sports
    SportsShow More
    GFA denies claims of taking money from players for Black Stars call-ups, threatens legal action
    July 8, 2026
    World Cup eGame competition launched in Accra
    July 8, 2026
    1XBet headlines ‘The Mall is the Stadium’ fan experience
    July 8, 2026
    Morocco, Paraguay and Brazil march into FIFA World Cup Round of 16
    June 30, 2026
    Amb Ibrahim Yaghi transforms Asokwa Interchange into giant fan zone for Black Stars matches
    June 25, 2026
  • Technology
    TechnologyShow More
    GIMPA Tech Fair held as Samsung brings ‘Awesome Experience’ to event
    July 1, 2026
    Siniat joins ITALKOL and PIXEL PAINTS portfolio as ITALKOL celebrates a decade of industry impact
    June 23, 2026
    Child Rights International calls for ban on social media use for children under 17 in Ghana
    June 20, 2026
    Samsung Ghana expands access to AI-powered mobile experiences with the Galaxy A series
    June 2, 2026
    KNUST hosts FemSTEM Africa 2026 to empower the next generation of women health innovators
    June 2, 2026
  • International
    InternationalShow More
    Korea commits US$38 million to strengthen Digital STEM education in Ghana
    July 8, 2026
    QNET joins EOCO, INTERPOL regional workshop to strengthen cross-border action against human trafficking and fraud
    July 8, 2026
    High Court dismisses Abu Trica’s emergency application to halt extradition to US
    July 6, 2026
    Ghanaian students abroad to convene global forum on national development
    July 5, 2026
    Alleged romance scam: Lawyers for Abu TRICA file emergency application to halt extradition to US
    July 3, 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

Nearly 1,600 delegates vote New Juaben South NPP Constituency Executive Elections

Kumasi: Police investigate Chief Inspector for allegedly running “Ashawo” joint at Asafo BB

KMA prosecutes 26 sanitation offenders as enforcement drive intensifies

Mahama warns against drain dumping citizens as Zoomlion deploys massive logistics for 2-day clean-up exercise

Let’s stop reckless dumping of refuse in drains – Mahama urges Ghanaians

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?