SSNIT has disclosed that it is still looking for strategic investors for three of its hotels that are still having financial difficulties.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Social Security and National Insurance Trust (SSNIT) has revealed that it is still seeking strategic investors for three of its hotels that continue to face financial challenges.

The three hotels, La Palm Royal Beach, Elmina Beach Resort, and Busua Beach Resort, were among six properties the Trust had planned to sell a 60-percent stake in, a move that drew intense public criticism in 2024.

Following strong pushback from workers’ unions, SSNIT suspended the plan.

Appearing before the Public Accounts Committee (PAC) of Parliament, the new Director-General of SSNIT, Kwesi Afreh Biney, confirmed that the Trust is actively pursuing investors for the three struggling properties.

Source: newsthemegh.com