Close Menu
MyGhanaDaily
    Facebook X (Twitter) Instagram
    MyGhanaDaily
    Sunday, October 5
    Trending
    • The People’s Poet Speaks Again – Omar Sterling Announces VTH 2 Mixtape
    • The Business Side of Ghanaian Music Nobody Talks About
    • Top 10 Rap Verses in Ghanaian Hip-Hop History
    • Best Ghanaian Music Videos of All Time
    • Top 10 Ghanaian Throwback Songs That Still Hit Today
    • Absa Bank Ghana hosts Strategic Dialogue on Ghana’s 24-Hour Economy initiative
    • Edem Sickle Cell Foundation partners NCCE mark sickle cell awareness month
    • TMA embarks on Tema Facelift Campaign
    Your Marketplace Banner
    • News
    • Business
    • Entertainment
      • Music
      • Movies
      • Fashion
      • Celebrity news
    • Sports
    • Health
    • Technology
    • Agriculture
    • Opportunites
    • Videos
    • More
      • Education
      • Tourism
      • History
      • Feature
      • Opinion
      • World
    MyGhanaDaily
    Home»Social»NPRA directs SSNIT to suspend Hotel sale negotiations with Rock City
    Social

    NPRA directs SSNIT to suspend Hotel sale negotiations with Rock City

    MGD NewsBy MGD NewsJune 29, 2024No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    ssnit 1 750x375 1
    Getting your Trinity Audio player ready...

    The National Pensions Regulatory Authority (NPRA) has directed the Social Security and National Insurance Trust (SSNIT) to suspend its ongoing negotiations with Rock City over the sale of four hotels.

    SSNIT is currently engaging Rock City Limited as the Strategic Investor in the sale of its four hotels namely Labadi Beach Hotel, La Palm Royal Beach Hotel, Elmina Beach Resort and Ridge Royal Hotel.

    Send your stories to Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140

    The NPRA in a letter to SSNIT on Friday, June 28 indicated that “As you may be aware, section 67 (2) of the [National Pensions] Act requires us to issue relevant guidelines to guide your investment decisions.”

    “In furtherance of this requirement, you are hereby directed by the Board of the Authority to suspend all the processes seeking to engage Rock City Hotel as the Strategic Investor in a matter of the sale of the above hotels.”

    The NPRA added that it was engaging the Minister for Pensions and relevant stakeholders on the subject matter.

    “Further directives shall be issued to you on the subject matter as soon as we conclude our engagements and the evaluation of the relevant facts associated with the subject matter,” it added.

    Source: myghanadaily

    Send your news stories to
    Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140
    Advertise with us | Follow our WhatsApp channel for more news
    featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAbibiNsroma Foundation engages Keta-Vodza Communities in progressive energy transition dialogue
    Next Article IMF approves Ghana’s third tranche US$360m loan
    MGD News

    myghanadaily.com

    Related Posts

    VRA to relocate Thermal Power Plant to Kumasi

    October 2, 2025

    Ho Assembly Declares October 1 as Special Municipal Clean-Up Day

    October 1, 2025

    St. Martin de Porres Hospital Marks 80 Years

    September 29, 2025
    LATEST NEWS
    • The People’s Poet Speaks Again – Omar Sterling Announces VTH 2 Mixtape
    • The Business Side of Ghanaian Music Nobody Talks About
    • Top 10 Rap Verses in Ghanaian Hip-Hop History
    • Best Ghanaian Music Videos of All Time
    • Top 10 Ghanaian Throwback Songs That Still Hit Today
    SPORTS NEWS

    2026 FIFA WCQ: Ghana beats Mali

    September 9, 2025

    The Black Stars Podcast: A six-part dive into Ghana’s football history, struggles and sparks of glory

    August 30, 2025

    2026 World Cup qualifiers: Black Stars set to open camp on September 1

    August 27, 2025

    Felix Afena-Gyan Joins Amedspor on Season-Long Loan

    August 21, 2025

    Ayew Stays Positive as Foxes Target Quick Response

    August 21, 2025
    Recent Posts
    • The People’s Poet Speaks Again – Omar Sterling Announces VTH 2 Mixtape
    • The Business Side of Ghanaian Music Nobody Talks About
    • Top 10 Rap Verses in Ghanaian Hip-Hop History
    • Best Ghanaian Music Videos of All Time
    • Top 10 Ghanaian Throwback Songs That Still Hit Today
    Like Us On Facebook
    Facebook Pagelike Widget
    • Facebook
    • Twitter
    • Instagram
    © 2019 -2025 Copyright | MyGhanaDaily.com

    Type above and press Enter to search. Press Esc to cancel.