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WATCH: Video Tour Of The $95 Million Kumasi City Mall



The Kumasi City Mall is 99% complete.

Ahead of the commencement of trade at the highly anticipated Kumasi City Mall, Ghana’s Hub For Pop Culture & Urban Entertainment News – was privileged to be among a number of selected media houses which toured the facility.

The tour took us through the various offer categories of the mall including foodstuff/grocery, lifestyle, electronics, pharmaceuticals, gifts and high value jewellery and many others.

Sitting on a total land area of 15.4 acres and a gross letable area of 18,500 square metres, the Kumasi City Mall is anchored on its two ends by two well established retail operators in Ghana, namely Shoprite and Game and has (60) line shops offering goods and all the retail categories.

It car park has a total capacity of 1000 bays on-grade and undercover basement.

Estimated at $95 Million, the Kumasi City Mall is owned by Delico Kumasi Limited, which is a fully owned subsidiary of Delico Property Investments Ghana Limited, the same group which owns the Achimota Retail Centre.

The mall opens to the general public on April 20 2017 and would be officially commissioned on Wednesday May 10 2017 by the Asantehene, Otumfuo Osei Tutu II.

Derrick Asare is an Editor for Xbitgh. He love Music, going to the movies, making friends, web designer, computer science major.

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BREAKING NEWS: BoG takes over Unibank



The Bank of Ghana has announced it has taken over the management of private bank, Unibank.

The Governor of the central bank explained at a press conference, the takeover is due to challenges facing the bank. He mentioned weak supervisory standards and weak operations as the cause of the challenges.

Ernest Addison said the bank, adjudged the 6thbest performing company in Ghana at the Ghana Club 100 awards in 2017, provided inaccurate data during the central bank’s effort to resolve the problems last year.

He assured depositors their money is safe, stressing “we are not liquidating the bank, we are saving it.”

The take-over comes weeks after Unibank announced it was taking over adb.
The top management of Unibank are Dr. Kwabena Duffuor II who is Chief Executive Officer, Ekow Nyarko Dadzie-Dennis Chief Operating Officer, Executive Director Owusu-Ansah Awere, Executive Clifford Duke Mettle, Director of Risk Management Kwesi Nkrumah Pimpah.

Photo: CEO Kwabena Duffour II was awarded the most enterprising young executive award in 2017.
The bank’s company secretary is Sylvia Assimeng-Archer, Executive Head of Treasury and Global Trade John Collins Arthur, Executive Head of Corporate Banking Elsie Dansoa Kyereh and Executive Head of Innovations and Business Execution Florence Ohene.

This executive management are expected to give way to new control, KPMG appointed by the central bank.

The bank was founded in 1997 by Kwabena Duffour who later became Finance minister under the Mills administration.
But after 20 years of private management, Kwabena Duffour who is a former Governor of the Bank of Ghana loses control of unibank to his former employers.

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