Relocation of Novotel market fails to boost business PDF  | Print |  E-mail
Friday, 06 August 2010 16:41

The relocation of the Novotel foodstuff market to the Odawna Pedestrian Shopping Mall at the Kwame Nkrumah Circle has failed to boost trading activities in the four-year-old shopping mall as expected.
Many traders in the rather ‘ghost’ market expected business activities to improve significantly once the relocation exercise was completed.

More than three months after the relocation, about 3,000 stalls, located near the Sahara Park have remained empty, a situation which the traders described as very disappointing.

Ironically, these traders spent a lot of money to secure the stalls after they were allocated by the Accra Metropolitan Assembly (AMA) at a cost of GH¢250 following the completion of the mall in 2006.


Since the inception of the market, trading activities have been concentrated around the Ghana Commercial Bank area, which is closer to the main Kwame Nkrumah Circle road and consequently attracts scores of patrons to that section.

The pedestrian Shopping Mall was constructed by the AMA for displaced hawkers and petty traders in the assembly’s 2005 decongestion exercise of the Central Business District(CBD) of Accra, the Kwame Nkrumah Circle and Kaneshie.

As the situation stands now, most of these traders are plying their trade around the CMB area, Katamanto, CBD, Kaneshie and other commercial centres in the metropolis.

The market, the first of its kind in the country boasts of adequate places of convenience, urinals and a lorry park.

Madam Agnes Bonsu, a textile trader told the Daily Graphic that until steps were taken by the AMA to ensure that all those who acquired spaces at the mall come to occupy, the situation will remain the same.
“We had hoped that our colleagues will join us to boost our business once the Novotel park foodstuff market is here”, another trader Silas Mensah stated.

“ I have heard that the AMA is planning to re-allocate the stalls to other people, I think it will be the best thing to do”,  he said.

“ I believe that the inactivity in the mall is also causing a huge revenue loss to the AMA,” he further stated.

Credit: Daily Graphic, Friday August 6, 2010