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Rock City Hotel presented best proposal for 60 percent stake in four hotels – SSNIT
The Social Security and National Insurance Trust (SSNIT) has explained its decision to sell a 60 percent stake in its hotels to Rock City Hotel owned by Dr Bryan Acheampong, the Minister for Food and Agriculture.
SSNIT’s response comes after North Tongu Member of Parliament (MP), Samuel Okudzeto Ablakwa, petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) to investigate and stop the sale of six hotels including Labadi Beach Hotel, La Palm Royal Beach Resort, Elmina Beach Resort, Ridge Royal Hotel, Busua Beach Resort, and the Trust Lodge Hotel to the Abetifi MP.
Mr Ablakwa’s petition to CHRAJ seeks an investigation into various allegations, including conflict of interest, abuse of power, lack of due process, procurement breaches, cronyism, and graft.
According to him, “In my petition, I am inviting CHRAJ to investigate grave matters bothering on conflict of interest, abuse of power, lack of due process, procurement breaches, cronyism, and graft.”
“I have also drawn attention to blatant violations of Article 78(3) and 98(2) of the 1992 Constitution as diligent checks from Parliament’s Committee on Office of Profit reveal that Hon. Bryan Acheampong has not applied and does not have the permission of the Speaker of Parliament to hold an office of profit,” he said.
But SSNIT in a response explained that the decision to partner with an investor is to raise capital to invest in their hotels, and also assist in their management, started as far back as 2018 through International Competitive Tendering (ICT) processes as prescribed by the Public Procurement Act.
In a press release, the Trust stated that the process started in November 2018 after it had employed a Transaction Advisor, to guide the selection of a Strategic investor amongst others.
“The Trust commenced the process with the engagement of a Transaction Advisor through the ICT method of procurement, with publication of advertisements in the Daily Graphic on 14th November, 2018 and in the Ghanaian Times on 15th November, 2018,” it stated.
The advertisement was also published in an international magazine, The Economist in its January 5-11, 2019 edition.
As of the January 16th, 2019 deadline, 15 firms had expressed interest in submitting bids. Of these, six were shortlisted and issued with Request for Proposal (RFP) documents.
It added that “Approval was sought from the Central Tender Review Committee (CTRC) for the selection of a Transaction Advisor on 12th December 2019, and that was granted on 24th December 2019. Following the selection of the independent Transaction Advisor to guide the selection of a Strategic investor amongst others, further advertisements for an Expression of Interest (EOI) for a Strategic Partner for the SSNIT Hotels were placed in the Daily Graphic on 3rd February 2022 and in the Ghanaian Times on 7th February 2022. The advertisement was also published in The Economist Magazine on 26th February 2022.”
“Based on the criteria set out in the RFP, Rock City Hotel submitted the best and strongest technical and financial proposal amongst those received. Consequently, it is in negotiation with SSNIT to buy a 60 percent stake in each of the four hotels, Labadi Beach Hotel, La Palm Royal Beach Resort, Ridge Royal Hotel and Elmina Beach Resort. Bids for Busua Beach Resort and the Trust Lodge were considered to be unsuccessful, so they are no longer part of the hotels covered in this process,” the statement concluded.
Source: Citinewsroom.com
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GEXIM to host “SME GO” programme stakeholder sensitisation and fair on September 18
The Ghana Export – Import Bank (GEXIM) in collaboration with the Ministry of Finance, Ministry of Trade and Industry, Ghana Enterprises Agency and Development Bank of Ghana will be hosting the final phase of the stakeholder sensitisation exercise on the Small and Medium-sized Enterprises Growth and Opportunity (SME GO) Programme at the Bank’s headquarters located at the Africa Trade House, in Accra.
The stakeholder sensitisation event is scheduled to take place on Wednesday SSeptember18, 2024 at 10 am and will give attendees a deeper insight into the SME GO Programme with a focus on the dynamics of the programme, eligibility criteria application process and how the initiative seeks to assist Ghanaian SMEs to scale up and compete favorably in the international marketplace.
The confirmed speakers and dignitaries for the event will highlight how Ghanaian SMEs can leverage on the SME GO Programme to build the capacities and make them sustainable.
They include Hon. Abena Osei-Asare, Minister of State at the Ministry of Finance, Hon. K. T. Hammond, Minister of Trade and Industry, Hon. Nii Kwartei Titus Glover, Greater Accra Regional Minister as well as the Chief Executive Officers of the Ghana Enterprises Agency and Development Bank of Ghana.
Alongside the stakeholder sensitisation event, GEXIM will be hosting a special edition of its popular SME Fair dubbed “SME GO Mart” at the forecourt of the Africa Trade House, from 8am to 8pm.
The theme for the “SME GO Mart” is “Celebrating Ghanaian SMEs” and it will provide a platform for Ghanaian entrepreneurs to showcase various top-quality Made-In-Ghana products.
Over hundred Ghanaian entrepreneurs with unique products have been confirmed to participate in the fair.
They will be exhibiting several unique and authentic products at unbeatable prices including food and ingredients, beverages, skin and beauty care products, textiles, apparel, garments, leather footwear, slippers, and many others.
In July 2024, the Government of Ghana through the Ministry of Finance launched the SME GO Programme, a ground breaking initiative which sought to provide Ghanaian SMEs with the needed funds, requisite technology and knowledge as well as other relevant resources and tools to aid their growth to become international giants.
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Zipline, GHS reduce maternal mortality in Ashanti Region by 56.4% – Study
A recent impact assessment study on aerial logistics to improve maternal health and emergencies has revealed a remarkable reduction in maternal mortality by 56.4% in Ghana’s Ashanti Region, thanks to the collaborative efforts of Zipline and the Ghana Health Service (GHS).
This was revealed at the National Ghana Health Service Research Conference organized by the Ghana Health Service in partnership with Zipline. The study, which focused on the impact of aerial logistics in healthcare, also noted a 19.9% increase in antenatal visits and a 25% rise in in-facility births, signaling a significant boost in maternal health outcomes.
The success according to the study is attributed to the on-demand availability of blood and essential medical supplies provided by Zipline’s innovative drone delivery system. This consistent access to critical resources has increased patient confidence in the healthcare system, encouraging more mothers to seek necessary care throughout their pregnancies.
Speaking on the highlight of the study, the Research Officer at Ashanti Regional Health Directorate stated, “the significant decrease in maternal mortality we’ve seen is a clear indication of the vital role that reliable access to medical supplies plays in healthcare. The ability to deliver blood and essential medicines exactly when they’re needed has transformed how mothers in the Ashanti Region perceive and engage with the healthcare system.”
“It’s an achievement that speaks to the importance of introducing technology in healthcare delivery. Mothers now feel more confident in seeking care, knowing that they will receive the support they need throughout their pregnancies,”he stated.
The study examined data from 191 health facilities, including hospitals, health centers, and Community-based Health and Planning Services (CHPS) Compounds. Among these, 99 facilities were served by Zipline’s aerial logistics, while 91 were not. The research employed adjusted rates for various key indicators, such as antenatal consultations, emergency visits, referrals, live births, hysterectomies, maternal deaths, and neonatal deaths, as the main dependent variables.
The qualitative aspect of the study aimed to describe and analyze the changes in satisfaction levels among healthcare providers and patients, perceived quality of care in maternal health and emergencies, and experiences related to the use of aerial logistics. In-depth interviews were conducted with 22 patients and 23 healthcare providers at the participating facilities.
Globally, maternal mortality remains a critical public health challenge, with stark disparities between high-income and low-to-middle-income countries (LMICs).
According to the World Health Organization (WHO), the majority of maternal deaths occur in LMICs, often due to preventable causes. In Ghana, particularly in the Ashanti Region, the problem is critical, reflecting the broader challenges faced across the African continent. Beyond this, socio-economic, geographic, and infrastructural factors intensify the risks associated with pregnancy and childbirth, highlighting the urgent need for innovative solutions to improve maternal health outcomes.
As maternal mortality continues to pose a challenge in low-to-middle-income countries, the success seen in Ghana’s Ashanti Region offers a promising model for other regions and nations striving to improve maternal health outcomes through innovative solutions.
Zipline is poised to continue leading the way in revolutionizing healthcare delivery, ensuring that every mother has access to the life-saving resources, no matter where she lives.
