Business

REDUCED RENT FEE FOR MOROTO MARKET EXCITES VENDORS

By Mathew Abekson

MOROTO: Moroto municipality mayor Ismail Muhammad has caused excitement among vendors after reducing the rent fee for the newly constructed central market.

In a meeting held over the weekend, Muhammad said the rental charges were laid by the previous leadership and it is a projection which was affected by the outbreak of corona virus.

He noted that he has been given a mandate to recruit law enforcement officers to provide security in the market, a concern that was raised by the vendors.

The vendors had asked the mayor to reduce the lockup rates to at least 30,000 shillings from 100,000 shillings, which they said was too much for them.

The mayor while responding to the vendors urged them to own both challenges and successes together with the municipality leaders.

Meanwhile, the market master says the facility has been zoned and all vendors have been given a grace period of three months to start up business.

Ad

The Moroto market was constructed under the government’s Markets and Agriculture Trade Improvement Program (MATIP) with funding from the government of Uganda and the Arab Bank of Economic Development in Africa (BADEA).

The construction of the epic commercial project was being supervised by the Ministry of Local Government after which it was handed over to Moroto Municipal Authority on completion.

 

Do you have a story in your community or an opinion to share with us? Email us at editorial@ugreports.com

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button