Business
Wandegeya market opens on Jan 24
Publish Date: Jan 16, 2014
Wandegeya market opens on Jan 24
  • mail
  • img
newvision

By Taddeo Bwambale

Traders registered to operate in Wandegeya Market are to start operating in the newly built market on January 24.


The traders had declined to move to the new facility, citing ‘unfair’  terms of their tenancy agreement with the Kampala Capital City Authority (KCCA).

The agreement grants each of the registered traders a 10 year renewable lease to operate in the market.

Under the new monthly rates issued by KCCA, the smallest operating space costs sh40,000 and the biggest shop sh250,000.

On Thursday, KCCA started issuing allocation letters to the traders, clearing them to take up space in the modern market.

KCCA’s deputy spokesperson, Robert Kalumba said the at least 200 traders had picked their letters. The traders will be exempted from paying rent for the first three months.

The sh22b Market has a banking hall, daycare centre, cold rooms, clinics, parking lots and fire detection systems, among other features.

 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
20 firms probed over money laundering
It is feared that up to sh56b could have laundered through the accounts at a city bank, United Bank of Africa (UBA), using stolen cards....
Transport fares rise as Christmas draws nearer
Tis the season once again and as is with festive period, public transport fares have risen around the country....
Inflation rises to 1.4%
Consumers paid sh1.4 more for manufactured goods in October compared to the same period in 2013 as the sector struggled to recover from the lag-effects of the 2011 economic challenges, amid volatilities in foreign exchange....
Kukustar: New vaccine against newcastle to empower farmers
It was the welcoming smiles. Not the long distance from Mbale town. Not the shrubby path to Mary Goretti Mboizi’s humble home in Bunamwera village, Kibuku district that struck me as I settled down to listen to her story....
Uganda is debt sustainable, says finance ministry
By March, China had lent Uganda over $336m (8% of the total debt) while India had lent over $50m (under 2%)....
Partnership seeks to boost television penetration
PCS and a regional pay television service provider enter a partnership expected to boost television penetration in areas without access to hydroelectricity....
Do you agree with the ban on the export of maids?
Yes
No
Can't Say
follow us
subscribe to our news letter