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Business
SSNIT scraps plan to sell 60% stake in hotels

SSNIT scraps plan to sell 60% stake in hotels

Social Security and National Insurance Trust (SSNIT) has terminated the process to divest 60% of its stake in four hotels, the state-owned pension fund manager said on Friday. The decision comes after Organised Labour called

Business
Organised Labour threatens nationwide strike over SSNIT Hotel shares sale

Organised Labour threatens nationwide strike over SSNIT Hotel shares sale

Organised Labour has threatened to embark on a nationwide strike from Monday, July 15, if the Social Security and National Insurance Trust (SSNIT) fails to terminate the process of selling 60% of its shares in

Business
NPRA okays SSNIT’s negotiations with Rock City – Labour Minister

NPRA okays SSNIT’s negotiations with Rock City – Labour Minister

The National Pensions Regulatory Authority (NPRA) has given the Social Security and National Insurance Trust (SSNIT) the go-ahead to continue negotiations with Rock City Limited for the sale of 60 percent shares in four hotels.

Business
Sale of hotels is the only way to revive losses incurred – SSNIT

Sale of hotels is the only way to revive losses incurred – SSNIT

The Director-General of the Social Security and National Insurance Trust (SSNIT), Kofi Bosompem Osafo-Maafo, has refuted allegations by former New Patriotic Party (NPP) Chairman, Freddie Blay, that the trust rejected a $200 million offer from

Business
SSNIT’s Digital Revolution: Mobile app, website & portal to redefine member revolution experience

SSNIT’s Digital Revolution: Mobile app, website & portal to redefine member revolution experience

The Social Security and National Insurance Trust (SSNIT) has announced its readiness to launch a mobile application at the end of July 2024. The move aims to further digitize its operations and improve service delivery

Business
SSNIT justifies sale of 60% stake in ‘underperforming’ hotels

SSNIT justifies sale of 60% stake in ‘underperforming’ hotels

The Social Security and National Insurance Trust (SSNIT) has justified its decision to let go of a 60% stake in six of its hotels. At a media encounter on June 29, 2024, the Director-General of

Business
NPRA orders SSNIT to halt sale of hotels to Rock City Hotel

NPRA orders SSNIT to halt sale of hotels to Rock City Hotel

The National Pensions Regulatory Authority (NPRA) has directed the Social Security and National Insurance Trust (SSNIT) to halt all processes aimed at engaging Rock City Hotel Limited as the strategic investor in the sale of

Politics
Palgrave Boakye-Danquah unhappy with Ablakwa over politicization of SSNIT hotel sale

Palgrave Boakye-Danquah unhappy with Ablakwa over politicization of SSNIT hotel sale

Dr. Palgrave Boakye-Danquah, the government's spokesperson for governance and security, has blasted the North Tongu MP for politicizing the Social Security and National Insurance Trust's (SSNIT) choices to sell a majority 60% ownership in several

Business
There’s no illegality in selling 60% stake of SSNIT’s hotels – Dr Palgrave Boakye-Danquah

There’s no illegality in selling 60% stake of SSNIT’s hotels – Dr Palgrave Boakye-Danquah

Government spokesperson on governance and security,Dr Palgrave Boakye-Danquah, has said that Samuel Okudzeto Ablakwa's accusations against the Rock City Hotel is baseless. In a fierce defense of Dr. Bryan Acheampong, the Minister of Food and

News
Protest against sale of SSNIT Hotels takes place today

Protest against sale of SSNIT Hotels takes place today

The 'Hands Off Our Hotel'  demonstration against the sale of four SSNIT hotels to Rock City Hotel Limited, owned by Agriculture Minister, Bryan Acheampong is taking place today, June 18. Led by Samuel Okudzeto Ablakwa,