Business

Big Hearted Tycoon Hamis Kiggundu waives off July rent arrears for all his tenants

Tycoon Hamis Kiggundu alias Ham (File Photo)

BUSINESS: Businessman Hamis Kiggundu popularly known as Ham has waived off the rent arrears for the month of July for all tenants on all his arcades/malls in the city as they return to work from the 42 days of lockdown.

Ham who owns commercial buildings which include Ham Towers in Makerere and the magnificent Ham Shopping Grounds in Nakivubo, Kampala says the tenants had not been working during the Covid-19 lockdown period and therefore should be given a fresh start to allow business continuity.

“We welcome you back from the lockdown, Management has taken a decision to waive off your RENT ARREARS for the month of July since the entire country was under lockdown,” reads part of a notice released on Tuesday.

“Going forward you are required to pay for the month of August not later than 5th August 2021. However, you are equally required to fully observe SOPs as provided by the government to encounter the spread of Covid-19. For God and My Country.”

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Tycoon Hamis Kiggundu (Behind is his Ham Towers in Makerere)

This is not the first time Ham is standing with his tenants in difficult times.

At the end of the first lockdown last year, the youthful property mogul waived 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 last year.

“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.”


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