The National Pensions Regulatory Authority (NPRA) has approved the sale of SSNIT’s 60% stake in four hotels to Rock City Hotel, owned by Bryan Acheampong. This decision has sparked public debate and criticism, with concerns raised about the financial capability of Rock City Hotel to purchase the shares and the transparency of the transaction.
Despite the controversy, the NPRA and the Ministry of Labour and Employment have confirmed the approval, leading to calls for further scrutiny and potential industrial action by organized labor.
