Kasungu market fire damages K10.3bn wealth of goods -Assessment

The Kasungu Municipality assessment committee which comprised of Malawi Police Service, officials from different departments in the municipality and other stakeholders on Monday  released assessment report regarding the fire which razed down the Kasungu Central Market.

Ireen Katola mayor of Kasungu

Ireen Katola mayor of Kasungu

Kasungu Municipality PRO Mr Kadyakapita:Assessment done

Kasungu Municipality PRO Mr Kadyakapita:Assessment done

The assessment committee has found that the fire has damaged goods wealth K10.3 billion after several shops, from those that sell hardware items to those selling cosmetics, butchers and restaurants inside the main market were reduced to ashes.

Kasungu Municipal Council public relations officer Martin Kadyakapita, who ruled out arson, confirmed that indeed the assessment committee has release the report.

“The report indicate that the fire has razed down goods wealth K10,298,627.00,” said Kadyakapita.

Kadyakapita said so far the committee has revealed that I,112 vendors have been affected.

Fire which is s said to have started at around 10pm on Friday, gutted Kasungu market , especially the section near the bus station.

On Saturday, vendors took to the street demanding the resignation of Kasungu Chief Executive.

Fire is suspected to have started from an electrical fault in one of the shops.

Kasungu Police spokesperson Edwin Kaunda said they are still investigating to establish the cause of the fire.

The fire comes barely two weeks after another part of the same market was destroyed by a blaze.

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4 thoughts on “Kasungu market fire damages K10.3bn wealth of goods -Assessment”

  1. Think-tank says:

    I smell a rat in all these incidences of market fires

  2. Mathews Chikaonda says:

    First of all sorry for the loss. But hey MRA the assessment says 10.3bln lost in the market only against only 1,112 traders which means 9.3m worth of capital ONLY each trader lost on average than am sure that each trader must be doing at least 100,000.00 sells in a day minimum with a capital of 9.3m which means 30m turnover in a year…

  3. captain says:

    God must judge whoever is causing these fires

Comments are closed.