In Masaka City, the new central market, where the government injected Shs18.4b, is yet to be completed four years after the project was awarded to the contractor
Govt moves to renovate Gulu Main Market as vendors flee monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.
Why multi-billion markets remain unoccupied
Monday April 26 2021
President Museveni inspects Kasese Central Market after commissioning it on December 15, 2020. Such establishments remain unoccupied despite massive expenses incurred in setting them up. PHOTO/ KELVIN ATUHAIRE
Summary
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Some modern markets have given towns across the country a facelift, but since they were commissioned by President Museveni, the structures remain unoccupied.
The markets, constructed under the Uganda Support to Municipal Infrastructure Development (USMID) project, are meant to create organisation and proper handling of foodstuffs for a complete chain of food supply.
In Soroti Town, the Shs24b market, which is to accommodate close to 1,300 vendors, remains unoccupied after several people who originally did not own stalls were allocated stalls.
Daily Monitor
Tuesday December 15 2020
Water and Environment minister Sam Cheptoris (right) inspects products made by a savings group in Agago District on May 22, 2018. PHOTO/TOBBIAS JOLLY OWINY.
Summary
In its 2020 Economic Outlook, OECD projected a 6 per cent drop in global GDP, and a 7.6 per cent fall in case of a second pandemic wave by the end 2020.
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The government has embarked on a move to digitise small-and-medium enterprises (SMEs) and village savings and loan associations (VSLAs) across the country to enable them survive the Covid-19 shocks.
Through Microfinance Support Centre (MSC), government has now embarked on piloting Covid-19 response and resilience programme (CRRP) in north, eastern, and central Uganda.