City businessman Hamis Kiggundu of Ham Enterprises has advised traders formerly working at the demolished Nakivubo Park Yard market to always make wise investment decisions.
The market was demolished at the start of the year to pave way for the development of Nakivubo stadium.
On Friday, Kiggundu donated shs100 million to the traders Sacco known as Kampala General Better Traders Association.
“Iam contributing to your capital that you have to be careful with, “Kiggundu told traders at a function held at City Hall.
“When you invest and handle it well, you can easily turn it into wealth.”
He told traders that it makes him happy seeing his fellow businessmen (traders) thriving and being able to fend for their families.
KCCA Executive Director Jennifer Musisi said the traders complained to her about their businesses not being stable since the demolition of the market.
“I decided to talk to the developer to see how to come to their help. Here is good news from Ham,” Musisi noted.
The money, according to Kiggundu, is non refundable but warned they should handle it well for their own benefit.
The traders, however, complained of the high interest on money borrowed from the Sacco, requesting that it is lowered.
