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Daily Monitor
Tuesday April 06 2021
Traders in Nakasero are pushing demands for a government-compensation to a tune of about 300b. PHOTO/COURTESY
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Nakasero traders are demanding Shs300 billion if the government is to repossess both the land and the facility. 
Their demand has been triggered by Cabinet’s resolution to have all public markets in Kampala repossessed by government to mitigate management wrangles.
The traders through their lawyer, Mr Paul Kenneth Kakande, argue that traders they have a 49-year lease on the land and that the abrupt takeover will cause losses to the traders. 
The vendors acquired the lease from Kampala Capital City Authority (KCCA) at Shs2b and were required to pay ground rent of Shs90m, annually. ....

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