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Let’s start afresh! Tycoon Ham Kiggundu forgives his tenants all rent arrears 

Mubiru Ivan by Mubiru Ivan
5 years ago
in National, News
23 1
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Since June, more landlords have been coming out to stand in solidarity with their tenants who had not been working during the Covid-19 lockdown period in Uganda.

And Hamis Kiggundu famously known as Ham is one of those landlords with hearts of gold.

In July, Ham who owns several commercial buildings under the Ham brand franchise pardoned his tenants two months worth of rent.

And now in the latest development, the youthful businessman has decided to waive off all rent arrears for all his sitting tenants.

“In reference to the current covid-19 situation that has affected all our businesses.Management earlier on shared the loss and wrote off 2 months rental arrears. However,it has come to our attention that majority of your businesses have greatly been affected by covid-19 due to closure of borders and reduced sales,” the management of Ham Enterprises said in a notice to all tenants on Thursday.

“Management has taken an additional decision to reboot its rental system by writing off all your outstanding rental arrears to zero. Giving you a chance to regain stability in your business as our long time tenants.”

The management however, said that starting with this month of September 2020 onwards rent should always be paid not later than the 5th day of every month.

“So going forward we don’t expect  tolerance of accumulation of rent arrears for your premises as management is going to be very strict on rent collection.”

 


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
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