4 arrested for hiking essential goods prices in Koboko

0
18

Police arrests Traders for hiking food and essential goods prices.

“I hear there are crooks hiking the prices of food. I will send my spies to the market and if I find anybody hiking the prices, I will cancel their licences,”  Museveni said.

Koboko police in conjunction with the district RDC have arrested four traders including three Indians and a ugandan for allegedly  cheating on clients on high food and essential goods prices like salt and sugar.

The suspects have been identified as the proprietors of Lila-D-Keshwalaenterprise, Paul Enterprises and Home brothers.

The arrest followed complaints by the locals who accused the traders of taking the advantage of the novel corona virus pandemic to hike prices than ever before.

In many parts of the country, its reported that one sachet of salt which used to sell at Ugx 700 under normal conditions is today selling between 2,500-4,000Ugx. The prices vary from place to another.  Sugar prices have also increased from Shs 3,000/Kg to Shs 5,000.

The police and RDC, Capt Yahaya, are implementing the directive by the president warning crooked traders from overcharging consumers.

In his State of the Nation Address on corona virus pandemic yesterday, President Museveni warned businessmen who are hiking prices for food threatening he would deploy some people in layers to spy on businessmen and the  culprits would have their licences cancelled.

“I hear there are crooks hiking the prices of food. I will send my spies to the market and if I find anybody hiking the prices, I will cancel their licences,”  Museveni said.

The president urged Uganda unlike other countries, is a food basket and there’s no reason why traders would overcharge consumers on the good produced in the country.

Leave a Reply