back to top
HomeBusinessMogul Hamis Kiggundu Shocks Arcade Tenants With Rent Pardon

Mogul Hamis Kiggundu Shocks Arcade Tenants With Rent Pardon

Published on

- Advertisement -spot_img

As most traders continue crying to their landlords and land ladies to forgive them rent for the months spent in lockdown, tenants at City Tycoon Hamis Kiggundu’s buildings have a reason to smile after the proprietor called off rent for the month of July.

In a notice accessed by our reporter addressed to his tenants of Ham Enterprises (U) Limited, Kiggundu says the reason for waving off rent arrears is because all the entire country including his tenants have been under lockdown.

“We are back from the lockdown, management has taken a decision to waive off your rent arrears for the month of July since the entire country was under lockdown”, part of the notice read.

However, Ham Kiggundu directed his tenants to pay for the month of August not later than 5th August 2021 and fully observe the Standard Operating Procedures as commanded by the Government.

President Museveni in an effort to control the spread of COVID-19, locked down most of the economy including arcades and shopping malls.

However, when they reopened in August, hungry landlords demanded their arrears prompting conflict between both parties.

Traders through their multiple platforms have since engaged with the government to negotiate with landlords on rent arrears but this has hit a snug.

It should be remembered that the Management Ham Enterprises (U) Limited had earlier waived off rent arrears for the months of April and March 2020.

Related

TAG, MTN Uganda Partner to Drive Youth Culture Through Roots & Vibes Festival

The festival is presented by Talent Africa Group (TAG) in partnership with MTN Uganda...

Kansai Plascon Backs Cancer Awareness Drive at EICA Holi Festival

Music, culture, and a shared commitment to social impact came together at Kampala Parents...

Miss Tourism Uganda 2026 officially launched

Uganda’s premier cultural pageant, Miss Tourism Uganda, has officially launched its 2026–2027 edition, opening...

Talent Africa Group Organises Major Hip-Hop Concert Featuring Feffe Bussi

The event is being organized by Talent Africa Group and is expected to draw...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Here is why the Faras Uganda is the Ultimate Convenience Mobility App for Every Ugandan

Kampala, Uganda – In a fast-paced world where time is increasingly precious, Ugandans are...

Museveni Inaugurates De Heus State Of The Art Fish Feed Factory In Njeru, Buikwe

Njeru, Jinja: De Heus Animal Nutrition, a global leader in animal feed solutions, has...