Kofi Bosompem Osafo-Maafo, the Director-General of the Social Security and National Insurance Trust (SSNIT), has committed to ongoing dialogue with Organised Labour and other stakeholders to enhance the Trust’s operations and investment strategies.
He emphasized SSNIT’s positive progress thus far and affirmed the organization’s commitment to maintaining this momentum through inclusive engagements.
His remarks came in response to Organised Labour’s declaration of an industrial strike in protest against SSNIT’s sale of a 60 percent stake in four hotels to Rock City Hotel, owned by Agriculture Minister Bryan Acheampong.
SSNIT subsequently rescinded the sale following widespread opposition from unions and associations planning to withdraw their services.
In an interview on the Citi Breakfast Show with Bernard Avle on Citi FM, Mr. Osafo-Maafo assured Organized Labour of SSNIT’s ongoing collaboration with all relevant stakeholders.
“My message is very straightforward, the management and board of the Trust will continue to manage the portfolio and assets to achieve the best long-term returns. Organised Labour will be aware that we have improved and we will continue to engage and improve.”
Organised Labour said it would continue with its strike until the SSNIT’s board is dissolved, despite the sale process being terminated.
“SSNIT’s function is to ensure social security for the population and so the leadership [of Organized Labour] recognized that the way by which the hotels were being sold was flawed and if you look at the content of the letter, we said we were not going to call off the strike until SSNIT board is dissolved,” the Deputy Secretary General of the Ghana Federation of Labour, Kenneth Koomson told Bernard Avle on Monday.
