{"id":59804,"date":"2023-11-17T09:45:04","date_gmt":"2023-11-17T09:45:04","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022"},"modified":"2023-11-17T10:08:21","modified_gmt":"2023-11-17T10:08:21","slug":"labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022","title":{"rendered":"Labadi Beach Hotel pays GH\u20b525 million dividends to SSNIT for 2022"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span><b>Labadi Beach Hotel, one of Ghana\u2019s premier 5-Star Hotels has paid GHS 25 million as dividend to the Social Security National Insurance Trust (SSNIT), its sole shareholder for the year 2022.<\/b><\/p>\n<p>Fully owned by SSNIT, the Hotel in February this year, had presented a cheque for GHS 10 million dividends for the year 2021.<\/p>\n<p>The achievements continued to show the Hotel\u2019s resilience and resolve to make indigenous companies profitable despite the many economic challenges.<\/p>\n<p>Mr David Eduaful, Managing Director of the Hotel, said, \u201cAs we honour our obligation of declaring dividends to the shareholder today, it is important to acknowledge the overwhelming support and patronage of our valued customers who continue to make us number one.\u201d<\/p>\n<p>He said the payments were possible due to the unwavering support from the Board of Directors, Management and staff, who collectively implemented cost cutting and waste minimization measures in recent times.<\/p>\n<p>Mr Eduaful said: \u201cHaving employees with the right mindset and attitude, and being consistent with service delivery is key in achieving the overall goal of the company. We continue to invest in the human capital of the hotel to respond to the demands of today\u2019s guest.\u201d<\/p>\n<p>He said the Hotel would continue to demonstrate its commitment to excellent service, ensure that business and leisure traveler would enjoy the right ambience and amenities.<\/p>\n<p>\u201cIn the area of education, we have churned out professionals of whom some are doctors, lawyers, accountants and entrepreneurs, through our scholarship scheme instituted to benefit children of our hardworking staff,\u201d the Managing Director said.<\/p>\n<p>The strength of the hotel was put to test in June this year when it provided catering services (breakfast, lunch and dinner) for nearly four thousand delegates that attended the 30th Anniversary and Annual General Meeting of Afrexibank in Accra.<\/p>\n<p>Prof Douglas Boateng, Chairman of the Board, Labadi Beach Hotel, said, SSNIT had allowed the board to perform its fiduciary responsibilities with virtually no interference.<\/p>\n<p>\u201cCompanies can declare profits but not necessarily payout dividends. If shareholders appoint the right board and allow them to responsibly discharge their duties, the end result is accountable governance and consistent performance.<\/p>\n<p>The best of Labadi is yet to come,\u201d he said.<\/p>\n<p>In its 32 years of operation, the Labadi Beach Hotel continues to deliver world class services to its cherished guests, both local and International.<\/p>\n<p>The location of the Hotel, which is 8.7km from the Airport and the Central Business District of Accra and adjacent to one of Ghana\u2019s most popular beaches in the city.<\/p>\n<p>\u2018<\/p>\n<p>With an initial 104 rooms built in 1991, Labadi Beach Hotel has expanded its room capacity to 164 including two Presidential Suites, 4 Executive Suites, 4 Superior Suites, 5 Bars, 2 restaurants and a 900-seater multi-purpose conference and banqueting facilities.<\/p>\n<p>The Hotel has a Spa carefully designed for couple and individual needs with plunge pool, well equipped Gym, Lagoon for fishing, 2 plush Leisure and lap pools on a sprawling landscaped garden overlooking the natural Maale Lagoon.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ghana\">Ghana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. Labadi Beach Hotel, one of Ghana\u2019s premier 5-Star Hotels has paid GHS 25 million as dividend to the Social Security National Insurance Trust (SSNIT), its sole shareholder for the year 2022. Fully owned by SSNIT, the Hotel in February this year, had presented a cheque for GHS 10 million dividends for the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":59803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-59804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Labadi Beach Hotel pays GH\u20b525 million dividends to SSNIT for 2022 - Ghana<\/title>\n<meta name=\"description\" content=\"Labadi Beach Hotel, one of Ghana\u2019s premier 5-Star Hotels has paid GHS 25 million as dividend to the Social Security N ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh\u20b525-million-dividends-to-ssnit-for-2022\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Labadi Beach Hotel pays GH\u20b525 million dividends to SSNIT for 2022\" \/>\n<meta property=\"og:description\" content=\"Labadi Beach Hotel, one of Ghana\u2019s premier 5-Star Hotels has paid GHS 25 million as dividend to the Social Security N ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh\u20b525-million-dividends-to-ssnit-for-2022\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-17T09:45:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-17T10:08:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/11\/sm_1700202954.219098.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"719\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Labadi Beach Hotel pays GH\u20b525 million dividends to SSNIT for 2022\",\"datePublished\":\"2023-11-17T09:45:04+00:00\",\"dateModified\":\"2023-11-17T10:08:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022\"},\"wordCount\":505,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/11\/sm_1700202954.219098.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/labadi-beach-hotel-pays-gh%e2%82%b525-million-dividends-to-ssnit-for-2022\",\"name\":\"Labadi Beach Hotel pays GH\u20b525 million dividends to SSNIT for 2022 - 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