Sat, 24 Feb 2018 10:07:23 +0000 By ROGERS KALERO KITWE City Council (KCC) has reduced accrued rental arrears owed by tenants at Nakadoli market following concerns raised by President Edgar Lungu on his last visit to the market. The rental arrears have been slashed by 60 percent with the balance of 40 percent to be paid in four months effective March 1st, 2018. Kitwe Mayor Christopher Kang’ombe, said in a press statement released to the Daily Nation that the move to reduce the arrears was also arrived at in an effort to support the growth of the informal sector in the city. Mr Kang’ombe said monthly rental charges for the different categories of shops have also been reduced by an average of 21 percent meaning that those shops which were pegged at K140 would still be applicable at the same rate while those which were pegged at K210 have been reduced to K160. These rentals […]
