Tag Archives: SSNIT

Controversy around attempt to sell SSNIT hotels unnecessary – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has slammed the Social Security and National Insurance Trust (SSNIT) decision to offload some of their hotels to Minister for Agriculture, Bryan Acheampong’s Rock City Hotels. According to the president, the controversy that was recently generated by SSNIT’s efforts to offload non-performing assets in its …

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KNUST chases ECG, SSNIT and three others for ₵1.2m debt owed

The Kwame Nkrumah University of Science and Technology (KNUST) is chasing the Electricity Company of Ghana (ECG), the Social Security and National Insurance Trust (SSNIT), and others for a debt of GH₵1.2 million. The Vice-Chancellor of KNUST, Professor Rita Akosua Dickson, who revealed this when she appeared before the Public …

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Okudzeto Ablakwa can not take credit for the termination of SSNIT hotels bidding process

Prof. Dinkum has debunked claims that Rock City Hotel, owned by Agric Minister, Bryan Acheampong’s decision to withdraw from purchasing SSNIT hotels and subsequent abrogation of the bidding process by SSNIT was as a results of National Democratic Congress (NDC)’s Member of Parliament for North Tongu Constituency, Hon. Samuel Okudzeto …

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Termination of sales of SSNIT hotels can harm corporate governance, market confidence – Richard Ahiagbah

Director of Communications for the ruling New Patriotic Party (NPP), Richard Ahiagbah says the decision by the Social Security and National Insurance Trust (SSNIT) to terminate sales of four hotels following public protests and strikes can harm corporate governance, market confidence, and overall certainty. He believes the Board and Management …

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SSNIT terminates sale of 60% stake in hotels

The Social Security and National Insurance Trust (SSNIT) has announced the termination of sales of four hotels following public protests and strikes. SSNIT in a press release titled: Discontinuation of Sale of 60% stake in hotels said  “The Board and Management of Social Security and National Insurance Trust (SSNIT) wish …

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Rock City withdraws bid to purchase SSNIT hotels

The management of Rock City Hotel has withdrawn its controversial bid to purchase 60% of SSNIT’s stake in four hotels. In a letter dated Friday 12 July 2024 which was addressed to the director general of the Social Security and National Insurance Trust (SSNIT), Kofi Osafo-Maafo reads, “At all material …

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National Pensions Regulatory Authority orders SSNIT to suspend sale of hotels

The sale of Social Security and National Insurance Trust (SSNIT) hotels to Rock City Hotel, owned by the Food and Agriculture Minister, Bryan Acheampong is in limbo as the National Pensions Regulatory Authority (NPRA) has ordered the SSNIT to suspend the sale of the hotels. NPRA in a statement signed …

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Sale of SSNIT hotels: Bryan Acheampong did no wrong – NDC MP fires Ablakwa, others

The National Democratic Congress (NDC) Member of Parliament for Twifo Atti Morkwa Constituency in the Central Region, David Vondee, has set the record straight on the sale of Social Security and National Insurance Trust (SSNIT) hotels to Rock City Hotel, owned by the Food and Agriculture Minister, Bryan Acheampong resulted …

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