Business

Rent Hike Sparks Traders' Protest In Kampala

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stuff for sale http://celiac-disease.com/wp-includes/revision.php geneva; font-size: small;”>The management of Muzza printing Arcade have passed a new rent payment structure that saw an increase in rent from Shs 600, erectile medications http://citadelgroup.com.au/wp-content/plugins/woocommerce/templates/myaccount/my-orders.php 000 to Shs 1, visit 200,000 per month with effect from August.

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This prompted the traders to stage a peaceful demonstration but police had to deploy heavily to contain the enraged traders.

They argue that the increment is not only exorbitant but the timing is bad.

Traders vowed not to adhere to the new changes.

The incident underlines frustrations of the business class in a harsh economic environment and also paints a picture of a worsening economy.

Traders further said the building is in a poor state with very poor sanitation which pose health risks to its occupants which management should first attend to before increasing rent.

However, Muzza Printing Arcade’s manager, Denis Mayinja, said the tenants were informed about the new rates early enough but they never took the notice seriously until the new changes were effected.

Mayinja added that electricity and water bills had shot through the roof thus compelling management to increase rent.

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