{"id":198006,"date":"2024-07-09T11:08:16","date_gmt":"2024-07-09T11:08:16","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/07\/09\/dont-sell-our-hotels-abraham-koomson-tells-ssnit\/"},"modified":"2024-07-09T11:08:16","modified_gmt":"2024-07-09T11:08:16","slug":"dont-sell-our-hotels-abraham-koomson-tells-ssnit","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/07\/09\/dont-sell-our-hotels-abraham-koomson-tells-ssnit\/","title":{"rendered":"Don\u2019t sell our hotels \u2013 Abraham Koomson tells SSNIT \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>The General Secretary of the Ghana Federation of Labour, Abraham Koomson, has asked the Social Security and National Insurance Trust (SSNIT) not to sell off a 60% stake in four hotels.<\/strong><\/p>\n<p>According to him, SSNIT has no justification to sell off the state assets, especially when they are not under any financial stress.<\/p>\n<p>\u201cSSNIT will not sell the hotels and nobody will buy them because if it is about capital, SSNIT is not in financial distress and has no challenges with money.<\/p>\n<p>\u201cEmployers pay monthly contributions and if they default, they are dragged to court and made to pay penalties. So if there are real issues that have accounted for the move, SSNIT should come out and tell us,\u201d he stated.<\/p>\n<p>The Director General of SSNIT, Kofi Bosompem Osafo-Maafo, at a press conference on Monday July 8, 2024 insisted that all the hotels put up for sale have recorded consistent losses.<\/p>\n<p>According to him, the majority of the hotels are not paying dividends, and selling them was the only option to revive the hotels.<\/p>\n<p>However, Mr Koomson on Adom FM\u2019s morning show Dwaso Nsem Tuesday disagreed with Mr Osafo-Maafo\u2019s claims of bad management of the hotels.<\/p>\n<p>He emphasised that if the management were competent, the institution would not be incurring such significant losses.<\/p>\n<p>\u201cIf they are talking about mismanagement, then I will agree that the people are not doing their work well and they will need to change them. You don\u2019t cut your head off if you have a headache, you go in for proper medication so if they are making losses, then it means the managers are not doing well,\u201d he stated.<\/p>\n<p>Mr Koomson added that, hotel business is not bad, noting private people are making it and cannot fathom the cause of the losses been incurred.<\/p>\n<p>\u201cThey should not sell the hotels to anyone they should just get qualified and competent people to run the place; set targets for them because selling the hotels is not the solution,\u201d he stressed.<\/p>\n<p>Myjoyonline.com <\/p>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The General Secretary of the Ghana Federation of Labour, Abraham Koomson, has asked the Social Security and National Insurance Trust (SSNIT) not to sell off a 60% stake in four hotels. According to him, SSNIT has no justification to sell off the state assets, especially when they are not under any financial stress. \u201cSSNIT will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":198007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-198006","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Don\u2019t sell our hotels \u2013 Abraham Koomson tells SSNIT \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/07\/09\/dont-sell-our-hotels-abraham-koomson-tells-ssnit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Don\u2019t sell our hotels \u2013 Abraham Koomson tells SSNIT \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The General Secretary of the Ghana Federation of Labour, Abraham Koomson, has asked the Social Security and National Insurance Trust (SSNIT) not to sell off a 60% stake in four hotels. 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