SSNIT-Rock City deal: 'Struggling' Labadi Beach Hotel made profit of GH¢158m in 2023 - Ablakwa

Read Article

Comments (37)

This article is closed for comments.

Read Comments Comments (37)

Unpredictable Oye Onye Kwasi Atta 1 year ago

NPP Thieves will continue to defend the indefensibles expressly. Shamefully Shameful idiots

NPP Thieves will continue to defend the indefensibles expressly. Shamefully Shameful idiots
DotCom 1 year ago

IS THIS THE FUTURE YOU WANT FOR YOUR CHILD?

I have posted this elsewhere.

Whether or not these allegations are true, there is a common theme in everything we read and hear from the media: Corruption in all aspects of t ...
read full comment

IS THIS THE FUTURE YOU WANT FOR YOUR CHILD?

I have posted this elsewhere.

Whether or not these allegations are true, there is a common theme in everything we read and hear from the media: Corruption in all aspects of the country and the misuse of public funds. I ask Ghanaians to ask themselves questions about the direction of our country: If things continue the way it is now, what kind of future do we want for our children? Will there be a country called Ghana, and how would that country look like?

We have been forced to take sides on which party we belong and listen to constant fights and arguments of the parties, and simply ignore the most important question of whether the parties serve our needs.

Wake up and stop this nonsense of analysing everything in terms of NPP and NDC. We should rather ask whether our lives are better now than previously. Is there any prospect that a particular party can improve our lives? We don’t think very deeply about things, do we?
TAKE OR PAY DEMON 1 year ago

Akans are using politics to steal Ga lands. Sir John did the same thing and now it is the Akyem Mafia through Bryan Acheampong.

Akans are using politics to steal Ga lands. Sir John did the same thing and now it is the Akyem Mafia through Bryan Acheampong.
Apraku 1 year ago

This is only an assessment of one hotel.What about the other ones? Ablakwa should publish the other ressorts and lets see how they are faring.You can't have 5 ressorts and say that the profitable one should take care of the n ...
read full comment

This is only an assessment of one hotel.What about the other ones? Ablakwa should publish the other ressorts and lets see how they are faring.You can't have 5 ressorts and say that the profitable one should take care of the non profitable ones.
Printing cedis is a double edged sword 1 year ago

Holding a public office such as a cabinet minister debars you from purchasing state property due to the conflict of interest and access to sensitive information. When you allow that, it will be a fee for all rape of state ass ...
read full comment

Holding a public office such as a cabinet minister debars you from purchasing state property due to the conflict of interest and access to sensitive information. When you allow that, it will be a fee for all rape of state assets. Politicians will use all kinds of means to sell prime assets to themselves. This is not doen anywhere. Please let us not justify it.
This would have been OK if Bryan was not in government. That is why Ken Agyepong refuses government posts. Bryan does not need it.

On the issue you raised, yes SSNIT can use part of the funds to revamp the other hotels. In any case all the hotels were profitable except one.

Secondly when did Bryan enter into hotel management to trust that Rock city has some kind of magic wand to turn the fortunes around?

This is day light robbery of the 30 acre land attached to Labadi Beach hotel.

They want the land so that they can collapse either LA Palm or Labadi so that only one hotel remains. Then build an estate to fetch them millions. Juloi sooorn
RE: Apraku 1 year ago

Forget about the financial state of the other SSNIT hotels. They are all state property under one management umbrella called "Golden Beach Resorts" or something like that. I think what we need to also know now is the number, ...
read full comment

Forget about the financial state of the other SSNIT hotels. They are all state property under one management umbrella called "Golden Beach Resorts" or something like that. I think what we need to also know now is the number, quality and financial state of Bryan Acheampongs hotel(s).

We have been loosely informed about a mysterious Bryan Acheampong who suddenly out of nowhere and under very curious circumstances is said to own the biggest hotel in Africa which is located somewhere in some little known town in the rural areas. Too many things don't click in this matter and I think the media should do us a better job by letting us know more.
Elsie 1 year ago

BRYAN ACHEAMPONG IS NOT MYSTERIOUS.... You Dumb Ass!!

BRYAN ACHEAMPONG IS NOT MYSTERIOUS.... You Dumb Ass!!
Let's stop this nonsense!! 1 year ago

If we don't stop NPP from selling state properties to cronies, the NDC will come into power and I can see President Mahama selling manganese concessions to his brother and the NDC folks will justify this by saying that the NP ...
read full comment

If we don't stop NPP from selling state properties to cronies, the NDC will come into power and I can see President Mahama selling manganese concessions to his brother and the NDC folks will justify this by saying that the NPP did the same thing when in power. Ghana first!!
TI 1 year ago

Greedy bastards. These NPP crooks don’t have pity for Ghana. They want to milk the country to death

Greedy bastards. These NPP crooks don’t have pity for Ghana. They want to milk the country to death
Ananse System 1 year ago

A person who had a third class will be proud of any achievement and will not mind to steal everything. I am convinced Bryan is fronting for the Akyem mafia

A person who had a third class will be proud of any achievement and will not mind to steal everything. I am convinced Bryan is fronting for the Akyem mafia
Ananse System 1 year ago

Let's all stand up and come together to reject this state capture led by a shameless old buffoon

Let's all stand up and come together to reject this state capture led by a shameless old buffoon
Pope Innocent 1 year ago

Bill Gates never went college!

Bill Gates never went college!
Kelvin 1 year ago

This Ablakwa guy is he a DEVIL or what exactly? Get that translation in Twi

This Ablakwa guy is he a DEVIL or what exactly? Get that translation in Twi
Kwame 1 year ago

Masa commot for der envy will kill u
U ablakwa where did u get money to establish allied filling stations u haven’t work before u enter politics siasem can u compare urself to Bryan acheampong who acheive a lot before en ...
read full comment

Masa commot for der envy will kill u
U ablakwa where did u get money to establish allied filling stations u haven’t work before u enter politics siasem can u compare urself to Bryan acheampong who acheive a lot before enter into politics NDC never again
Man 1 year ago

What did he achieved before entering into politics as a cooked in the US army?

What did he achieved before entering into politics as a cooked in the US army?
Alex 1 year ago

Please Allied filling station is not for Ablakwa. The owner also bears the name Okudjeto who is related to Okudjeto, the NPP lawyer and has been in the oil business for more than 47 years. Stop peddling falsehood.

Please Allied filling station is not for Ablakwa. The owner also bears the name Okudjeto who is related to Okudjeto, the NPP lawyer and has been in the oil business for more than 47 years. Stop peddling falsehood.
Elsie 1 year ago

SHUT THE UP!!

SHUT THE UP!!
Joseph 1 year ago

God bless Ablakwah! Thumbs up!

God bless Ablakwah! Thumbs up!
TAKE OR PAY DEMON 1 year ago

Akans are using politics to stea Ga lands. Sir John did the same thing and it is Nana Addo through Bryan Acheampong.

Akans are using politics to stea Ga lands. Sir John did the same thing and it is Nana Addo through Bryan Acheampong.
Godfrey 1 year ago

I will be pleased to see trends than just a year's profit. A decline will not speak well, until one inject a capital to turn the curve to a positive one. Lets stop these politics, Ablakwa.

I will be pleased to see trends than just a year's profit. A decline will not speak well, until one inject a capital to turn the curve to a positive one. Lets stop these politics, Ablakwa.
Gborlahn 1 year ago

If my taxi driver tells me the taxi business no longer profitable and recommends selling it I find out that his brother wants to buy it, I would be very curious.

And if I go through the books and realise that the non prof ...
read full comment

If my taxi driver tells me the taxi business no longer profitable and recommends selling it I find out that his brother wants to buy it, I would be very curious.

And if I go through the books and realise that the non profitable taxi actually made a profit in just the past year, I would be more careful in heeding advice to sell it.

Let's handle government business or other people's business as if it were ours and stop being thieves.
TAKE OR PAY DEMON 1 year ago

There could also be a change if management. This means if the right things are done things could turn around and not just by outright sale of shares.

There could also be a change if management. This means if the right things are done things could turn around and not just by outright sale of shares.
Jim 1 year ago

Property Owning Democracy.Everybody knows African/Ghanaian Politicians are greedy and Corrupt.All the Nations Assets and Ga Lands, belongs to the Political Party and Politicians who won the election. The Liabilities of the St ...
read full comment

Property Owning Democracy.Everybody knows African/Ghanaian Politicians are greedy and Corrupt.All the Nations Assets and Ga Lands, belongs to the Political Party and Politicians who won the election. The Liabilities of the State belongs to all Ghanaians.
Gborlahn 1 year ago

More like Property Grabbing Democracy. I have been in Cantonments since 2007 and never have I seen such land grabbing in the name of development. Government buildings were razed to the ground overnight. New apartments just su ...
read full comment

More like Property Grabbing Democracy. I have been in Cantonments since 2007 and never have I seen such land grabbing in the name of development. Government buildings were razed to the ground overnight. New apartments just suddenly sprung up.

In one particular case, I saw a notice I perceived to be from Ga authorities, warning politicians hiding behind developers to grab that land.

The property grabbing and thieving reached its peak with this government and I hope the next government probes this very well.
Truth 1 year ago

Osafo marfo son took over p3 and they selling the hotes. Let's stop these nonsense from politicians, they don't create anything but when they come to power will sell everything to themselves, look at airport all lands have be ...
read full comment

Osafo marfo son took over p3 and they selling the hotes. Let's stop these nonsense from politicians, they don't create anything but when they come to power will sell everything to themselves, look at airport all lands have been sold to themselves. Stupid politicians we have. Time for everything! They kids will grow up and say their fathers have made it. Swine!
Kofi 1 year ago

I see envious demonic attacks here. If the offloading of 60 percent had gone to a foreign entity Ablakwa wouldn't have raised a finger. Haruna Idrissu has collected a huge bribe from South Africa, Ablakwa hasn't heard it.

I see envious demonic attacks here. If the offloading of 60 percent had gone to a foreign entity Ablakwa wouldn't have raised a finger. Haruna Idrissu has collected a huge bribe from South Africa, Ablakwa hasn't heard it.
Abrewatia 1 year ago

You mean Haruna Idrissu was bribed by the South Africans so that he can bribe an NPP road minister?

You should be more worried that the report says Haruna is the link to a corrupt Nana Addo government. Haruna is not even i ...
read full comment

You mean Haruna Idrissu was bribed by the South Africans so that he can bribe an NPP road minister?

You should be more worried that the report says Haruna is the link to a corrupt Nana Addo government. Haruna is not even in government. You should worry who has the mandate to rule and stop being myopic.

You country’s assets are being stolen wotowoto and you are here fooling. Gyimiee
OSAFO KANTANKA 1 year ago

I have always Suspected the intentions of selling off these State Enterprises are Not that HONOURABLE. It’s the most corrupt , outrageous ,disgusting ,offensive and cantankerous rip-off of the century. For my money all ...
read full comment

I have always Suspected the intentions of selling off these State Enterprises are Not that HONOURABLE. It’s the most corrupt , outrageous ,disgusting ,offensive and cantankerous rip-off of the century. For my money all the GREEDY PEOPLE of doubtful parentage behind these schemes should be arrested immediately.
WEB/APP DEVELOPMENT. 1 year ago

We DESIGN and BUILD QUALITY Websites such as:
- Business / cooperate websites
- eCommerce/Online shore Websites
- Education/NGO/Church Websites
- News/Blog/Media Websites
PRICE: 1,500gh. Call us today. 0501796870 for mo ...
read full comment

We DESIGN and BUILD QUALITY Websites such as:
- Business / cooperate websites
- eCommerce/Online shore Websites
- Education/NGO/Church Websites
- News/Blog/Media Websites
PRICE: 1,500gh. Call us today. 0501796870 for more info. AWSD3
Jka 1 year ago

Any update on the Nana Cathedral Crater

Any update on the Nana Cathedral Crater
John Duah Boakye Switzerlandgood 1 year ago

Baby with Sharp teeth Ablakwa close that your stinking mouth. NDC sold Cape coast SSNIT hotel and that of Tamale SSNIT hotel.
Did you calculated these two hotels profits?
It was good for NDC to sell but crime for Npp to do ...
read full comment

Baby with Sharp teeth Ablakwa close that your stinking mouth. NDC sold Cape coast SSNIT hotel and that of Tamale SSNIT hotel.
Did you calculated these two hotels profits?
It was good for NDC to sell but crime for Npp to do same
Joko 1 year ago

Nana should sell the cathedral to Bryan you idiot NPP supporters

Nana should sell the cathedral to Bryan you idiot NPP supporters
Andrews Adika 1 year ago

Eii are we safe? Is the future of our toils and sweats from our pensions contributions in safe hands? God have mercy on we the vulnerable workers in this country ooooo eeii !!!!!

Eii are we safe? Is the future of our toils and sweats from our pensions contributions in safe hands? God have mercy on we the vulnerable workers in this country ooooo eeii !!!!!
Ogyam 1 year ago

Since the MP has the audited financial statements, can he kindly give us the balance on the Retained Earnings account at the end of the financial year and the net assets?

Since the MP has the audited financial statements, can he kindly give us the balance on the Retained Earnings account at the end of the financial year and the net assets?
Dan 1 year ago

When I read certain youths defending these kinds of daylight robberies from politicians they voted for it beats me hollow. You don't owe à pin to your name you now vote into power someone who before then owns nothing now thi ...
read full comment

When I read certain youths defending these kinds of daylight robberies from politicians they voted for it beats me hollow. You don't owe à pin to your name you now vote into power someone who before then owns nothing now this person comes and decides to sell or buy what belongs to you by nature that you're a Ghanaian then what's your use? Tomorrow same youths will mass up protesting that there are no jobs meanwhile we're here supporting crude politicians buying our collective properties? Tomorrow these NPP useless politicians will say the flagstaff house is obsolete so let's sell it off and some idiots will support bcoz you NPP are mad?
Look at you, your father doesn't own anything, he didn't build a house or left you a car yet you're supporting someone who wants to steal your father's pension why?
CHS 1 year ago

Ablakwa please go and buy the hotel. Nothing prevents you also from burying.

Ablakwa please go and buy the hotel. Nothing prevents you also from burying.
Naa Atswei Mensah 1 year ago

ABLAKWA, LET'S TALK ABOUT THE PURCHASE OF MERCHANT BANK!!!

READY, GO!!!

ABLAKWA, LET'S TALK ABOUT THE PURCHASE OF MERCHANT BANK!!!

READY, GO!!!

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

News

SSNIT-Rock City deal: 'Struggling' Labadi Beach Hotel made profit of GH¢158m in 2023 - Ablakwa

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (37)

Read Comments Comments (37)