Kenya’s Westgate reopens years after terror attack

Business to resume at Kenya's Westgate mall two years after al-Shabaab attack

Business to resume at Kenya’s Westgate mall two years after al-Shabaab attack

from MARIA MACHARIA in Nairobi, Kenya
NAIROBI, (CAJ News) – KENYA’S Westgate Shopping Mall is set to re-open this weekend, two years after the Islamic terror group, Al Shabaab, left 69 people dead with 175 others injured.

Authorities said the mall would re-open to ensure business resumed in the capital’s posh business centre.

Alex Trachtenberg, Managing Director of Sony Holdings, the parent company which owns the Westgate Shopping Mall, confirmed the latest development.

However, Trachtenberg stated that there was still a major challenge in the reconstruction of the first phase, which cost Sh1,7 billion after the insurer – Kenindia Insurance – failed to provide the required funds.

“The construction of the phase two requires Sh1 billion and we will use all legal avenues to get compensation because this is our money,” said Trachtenberg.

The re-insurer of the Westgate is the Africa Trade Insurance.

Trachtenberg said despite the challenges, they were destined to re-open the mall on Saturday while expecting all previous tenants take up the shops .Four have relinquished their leases.

“The reconstruction of Westgate has given us more space and we have hired 250 staff up from 210 we had previously. We need the support of every shopper after we reopen business on Saturday,” Trachtenberg said.

It remains to be seen whether the main supermarket, Nakumatt Supermarket, Westgate’s anchor tenant, will resume business.

– CAJ News

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Posted by on Jul 15 2015. Filed under Construction, Featured, Investing, News, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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