Organised Labour Declares Strike Over NPRA’s Approval for Sale of SSNIT Hotels

Organised Labour Declares Strike Over NPRA’s Approval for Sale of SSNIT Hotels

Organised Labour has declared an indefinite strike action following the National Pensions Regulatory Authority’s (NPRA) approval giving clearance to the Social Security and National Insurance Trust (SSNIT), to proceed with its controversial plan to offload a 60% stake in four hotels to Bryan Acheampong’s Rock City Hotel.
According to the Secretary General of the Trades Union Congress (TUC), Dr Yaw Baah, the Union does not understand why the NPRA would allow SSNIT to proceed with the deal without further engagement after it initially ordered SSNIT to halt the procedure.

As such, TUC has directed its members to lay down their tools effective Monday, July 15.
Addressing the media on July 12, Dr Baah said “From Monday 15 of 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.”

The union argued that the sale of SSNIT’s stake to Rock City Hotel was not in the best interest of Ghanaian workers; therefore, SSNIT must terminate the deal.

On Thursday, Minister for Employment, Labour Relations and Pensions, Ignatius Baffour Awuah, told Parliament that the NPRA had cleared SSNIT to proceed with its controversial plan to sell four hotels to Bryan Acheampong’s Rock City Hotel.

According to him, NPRA issued the initial directive because it wanted to be furnished with all the details of the sale.

He added, “So, as a Minister, I can tell you with authority that NPRA has since indicated that they have seen the processes and they think that SSNIT can go ahead.