Chiwempala traders get K10m from HH – Zambia Daily Mail News Website
The recent distribution of K10 million by President Hakainde Hichilema marks a significant step towards recovery for the 2,300 traders affected by the devastating fire at Chiwempala market. This tragic event, which occurred last November, resulted in the destruction of goods worth millions of Kwacha, leaving many traders in dire need of support to restart their businesses. Chingola District Commissioner Howard Kamwandi announced that the disbursement has begun, with each trader receiving between K2,500 and K40,000, depending on their individual losses. This financial assistance aims to provide a crucial foundation for rebuilding their livelihoods. Kamwandi emphasized the importance of a fair and transparent compensation process, noting that beneficiaries were identified promptly after the incident. While the funds may not fully cover the losses incurred, they represent a vital opportunity for traders to regain their footing. Kamwandi expressed gratitude for the traders' patience during the waiting period and urged them to use the funds wisely. By reinvesting in their businesses rather than spending on immediate consumption, the traders can pave the way for a more sustainable recovery and future growth.
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