KCCA to pay Owino market vendors nearly UGX 6bn, says Court. Business Detect Media.
Traders in Kampala’s St Balikuddembe market popularly known as Owini, are in a joyous mood after winning a court case.
On Wednesday the High Court in Kampala directed Kampala Capital City Authority (KCCA) to refund 4.8 billion shillings the traders had paid the authority for a non-existent piece of land.
High court decision settles a 9-year dispute over the ownership of the land.
Owino Market traders thought they had bought to expand the market.
KCCA ordered to also pay an accumulated interest of 19 percent on the money, paid by traders.
Plus legal costs, bringing the total amount of money to be paid which is close to 6bn.
In 2010 Kampala City Council leased the land occupied by Owino Market to the vendors through their Association.