Organised Labour has issued a press release statement on the proposed sale of 60% of Social Security and National Insurance Trust (SSNIT) shares in 4 hotels.
The released letter has the details below:
‘We have followed the developments on the proposed sale of 60% of SSNIT’s stake in four hotels with very keen interest, especially after Organised Labour leadership meeting with the President of the Republic on this matter which took place on 25″ June, 2024 at the Jubilee House.
Yesterday, 11″ July, 2024, the Honourable Minister for Employment and Labour Relations, who is also responsible for pensions, made a statement in Parliament that NPRA has approved the sale of 60% of SSNIT’s shares in the hotels.
We recall that on 28″ June, 2024 the Board of NPRA issued a directive to SSNIT to suspend the negotiation with Rock City Hotel Ltd. We, therefore, find it extremely difficult to understand how and why NPRA would turn around to approve such 2 flawed deal two weeks after the directive.
Organised Labour would like to reiterate its well-known position that the proposed sale of SSNIT’s shares in the four hotels is not in the best interest of Ghanaian workers.
We, therefore, demand that SSNIT terminates the process immediately.
From Monday, 15″ July, 2024 all workers in Ghana must not go to work until SSNIT publicly announces the termination of the process for the sale of its shares in the hotels.’
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