SSNIT Terminates Sale Process for Four Hotels Following Public Backlash

Saturday, 13 July 2024, 03:07

The Social Security and National Insurance Trust (SSNIT) has decided to halt the sale of four hotels in response to public dissatisfaction and the withdrawal of Rock City's bid. This move comes after the uproar over the potential sell-off of the hotels that are part of SSNIT's business portfolio. The decision to cancel the sale reflects the significance of public opinion and the impact of corporate actions on stakeholders.

Ghanaweb — SSNIT Terminates Sale Process for Four Hotels Following Public Backlash

SSNIT Cancels Hotel Sale Amid Public Uproar

The Social Security and National Insurance Trust (SSNIT) has announced the termination of the sale process of four hotels under its business portfolio.

Rock City Withdraws Bid

The bid from Rock City has been withdrawn as a result of the public backlash against the sale.

Public Dissatisfaction

The decision to cancel the sale reflects the importance of considering public sentiment in corporate dealings.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.