Kimbima opens as Golden Tulip

By Betty Milton
Thursday April 28, 2016

Vice President Victor Foh opened the former Kimbima Hotel for business last Tuesday after a massive cash injection of $9.87million provided for its refurbishment by the National Social Security and Insurance Trust (NASSIT).
Christened with a new name – Golden Tulip Essential Kimbima – the NASSIT Director of Investment and Projects Dr. Brima Baimba Kargbo said the hotel came into operations in the 90s but it was not functioning properly.
NASSIT he said became involved with the hotel in 2005 when they first bought 40% shares of the hotel.
Gradually he explained, they started increasing their shares until 2008 when they bought 100% of the hotel shares for Le18.17billion to make NASSIT the owners of the hotel.

see more at: http://awoko.org/2016/04/28/kimbima-opens-as-golden-tulip/