SSNIT justifies sale of stake in 4 hotels

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SSNIT justifies sale of stake in 4 hotels

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A branch of SSNIT

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The Social Security and National Insurance Trust (SSNIT) has justified is decision to sell 60 percent stake in four of its hotels.

According to SSNIT, it has so far invested over GHC230 million to revive the hotels, but all the hotels have failed to bring returns.

Director-General of SSNIT, Kofi Osafo-Maafo said this when he addressed a news conference in Accra on July 8.

More soon…

Read also:

Move to sell SSNIT hotels was announced in the Daily Graphic & Times; claim it’s shrouded in secrecy baffles me – Elizabeth Ohene

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