Organized labour unions across Ghana have announced a nationwide strike set to commence on Monday, July 15 2024.
Dr. Anthony Yaw Baah, Secretary General of the Trades Union Congress, spoke on the sidelines of an emergency meeting convened to determine the next course of action following the National Pensions Regulatory Commission’s approval of SSNIT’s share sale in six hotels. He indicated that the final and official communique detailing their decisions would be released shortly.
The announcement came amidst mounting public outrage and accusations of impropriety surrounding the transaction, which saw SSNIT divesting its ownership stake in several hotels. The decision to sell these assets has sparked widespread criticism, with labour unions and civil society groups condemning what they describe as a questionable deal benefiting a select few at the expense of SSNIT’s long-term financial stability.
SSNIT’s move to sell off its shares has sparked strong opposition from multiple labour unions, who contend that the sale could have detrimental effects on workers and the broader hospitality sector.
The hotels involved represent substantial assets, employing a significant workforce whose jobs may be at risk due to this transaction.
Organized Labour’s decision to call for a strike is intended to compel SSNIT to reassess its decision and initiate a more transparent dialogue with all stakeholders involved.
Bryan Acheampong has faced intense scrutiny over his alleged involvement in the hotel shares sale.
In response to mounting pressure, SSNIT officials have defended the sale as a strategic move to optimize returns on investment and diversify the trust’s portfolio. They emphasize that the decision was made per legal frameworks governing SSNIT’s operations and aimed at ensuring sustainable growth in pension funds.
