Business
Wandegeya market opens on Jan 24
Publish Date: Jan 16, 2014
Wandegeya market opens on Jan 24
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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.

 

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