4 traders arrested over hiked prices

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Police in Koboko town has arrested four traders for allegedly taking advantage of the coronavirus lockdown to hike commodity prices.

During Tuesday plenary, Members of Parliament raised concern over the increase of prices of goods and services as a result COVID19.

Some of the items mentioned include Salt, Sugar, Cooking Oil, Fuel, sanitisers among others.

Members have demanded an explanation from the government on the same.

Victoria University

Addressing the nation on the same day, President Museveni warned crooks who are hiking food prices that he would cancel their trade licences.

In an operation led by the Koboko Resident District Commissioner, Capt. Yahaya Kakooza, police locked the shops and arrested three Indians and a Uganda trader.

Daily Monitor reported that the arrest followed complaints by consumers who accused the traders of being opportunists and trying fleece them.

The suspects include proprietors of Lila-D-Keshwala enterprise, home brother’s investment and Paul enterprise, all operating in Koboko Municipality.

They were selling a packet of salt at Shs 3,000 up from Shs700.

In the rural areas, a packet of salt was being charged between Shs 3500 and Shs 4000, a record high in history of many consumers.

In Arua, a packet of salt is now at Shs 3,500 from Shs 600 and sugar at Shs 5,000.

Other reports say a kilogramme of beans in Nebbi main market is now at Shs4,500 from Shs 3,000 and a tomato is at Shs 1,000 from Shs 500.

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