Organised Labour to proceed with nationwide strike Despite SSNIT’s termination of hotel sale

Organised Labour is set to proceed with a nationwide strike today in protest against the Social Security and National Insurance Trust’s (SSNIT) attempt to sell its 60 percent shares in four hotels.

SSNIT terminated the sale process to Rock City Hotel, owned by Agriculture Minister Bryan Acheampong, on Friday after Organised Labour threatened to strike on Monday. The termination followed Rock City Hotel’s withdrawal of its bid to purchase the shares.

Despite the termination, Organised Labour remains resolute in its decision to strike. In an interview with Citi News, Dr. Eliasu Mumuni, National Secretary of UTAG, expressed disappointment, stating that SSNIT disregarded their warnings and concerns, thereby breaching the trust of the labour group.

Dr. Mumuni highlighted that the National Pensions Regulatory Authority (NPRA) had initially put the transaction on hold, leading Organised Labour to believe the issue was resolved.

However, when NPRA subsequently approved the sale, it undermined the trust within the labour group.

Monday, July 15, has been set as the strike day, with Dr. Mumuni emphasizing that the breach of trust requires immediate action.

He suggested that it is time to review the SSNIT board structure and consider relieving current members of their positions to bring in new leadership.