Kasese: Traders to operate in the newly built Kasese central market are to get a two months tax holiday of transacting businesses when it finally becomes operational, the district Deputy Town Clerk, Kairi Kambasu has said.
Kambasu says the district has finalized discussions with the Finance Ministry and vendor’s leaders on the operational guidelines. He said they expect vendors to occupy the market by the end of this month.
He reaveled that the municipality has decided to give the vendor’s a two month’s tax holiday since they have been struggling to get customers from the time they were relocated to the old market nine months ago to pave for redevelopment.
It should be noted that President Yoweri Kaguta Museveni commissioned the Shillings 16 billion market during his campaign trail in December last year.
Kambasu however says not all vendors will return to the new market due to the need to comply with the physical distancing to contain the spread of coronavirus.
He also dismissed claims that some municipal officials are receiving bribes to help unregistered persons acquire lockups.
The municipal council has also proposed Shillings 150,000 for a lock up and Shillings 40,000 for a stall. The municipality has been losing about Shillings 160 million annually in revenue since the vendors relocated to pave way for redevelopment of the market.