The Management of Rock City Hotel has withdrawn its bid for the 60% shares in hotels owned by the Social Security and National Insurance Trust (SSNIT). This is contained in a letter addressed to the Director General of SSNIT. “At all material times, we believed that we had participated …
Read More »Organized labour to strike on July 15 over the sale of SSNIT hotels
The leadership of organized labour, made up of the Trades Union Congress (TUC) and other unions, has decided to embark on a nationwide strike on Monday, July 15, due to the government’s insistence on selling a 60% stake in hotels owned by the Social Security and National Insurance Trust (SSNIT). …
Read More »NPRA has approved the sale of SSNIT’s 60% shares in four hotels, – Employment Minister
The Minister of Employment and Labour Relations, Ignatius Baffour Awuah, has said the National Pensions Regulatory Authority (NPRA) has approved the sale of 60% of SSNIT’s shares in its hotel investment portfolio. This follows a directive from the NPRA on June 28 ordering SSNIT to suspend its negotiations with Rock …
Read More »This is a significant initial victory – Ablakwa reacts to NPRA’s directive to SSNIT to suspend sale of hotels
North Tongu lawmaker Samuel Okudzeto Ablakwa has welcomed the directive given to the board of the Social Security and National Insurance Trust (SSNIT) by the National Pensions Regulatory Authority (NPRA) to suspend the sale of the hotels to Bryan Acheampong. NPRA had issued the directive to SSNIT to enable them …
Read More »Full Text: NPRA directs SSNIT to suspend sale of hotels to Bryan Acheampong
The National Pensions Regulatory Authority (NPRA) has directed the Social Security and National Insurance Trust (SSNIT) to suspend transactions involving the sale of four of its hotels to Minister for Food and Agriculture, Bryan Acheampong. According to the NPRA, the suspension will enable it to investigate further. Please read the …
Read More »Demo: Ablakwa vows to hold Police to account for any injuries due to pepper spray
The organiser of the ‘Hands Off our Hotels’ demonstration, Samuel Okudzeto Ablakwa, has expressed his disappointment in the Police over the treatment meted out to some of the demonstrators. “Let me condemn what the police did, This is a peaceful march, and our people conducted themselves well so why do …
Read More »SSNIT contributions are secured; will not deplete in coming years – NPRA
The National Pensions Regulatory Authority (NPRA) has assured contributors that despite projections in the recent International Labour Organisation (ILO) report on the Social Security and National Insurance Trust (SSNIT), funds will remain secure in the coming years. This reassurance follows the ILO’s actuarial valuation study, which projected a complete …
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