Monday, 9 March 2009 3:27 PM
Closing Kukum Market a Loss
Closure of the Kukum Market is a loss for a major company in Honiara and the government.
Speaking to Solomon Times, Executive Director of the South East Marketing Resource Center (SEMRC), John Harold, said the Solomon Tobacco Company will lose one quarter of their business should plans go ahead to close Kukum Market.
"Not only is Kukum Market (SEMRC) a major customer of Solomon Tobacco but it also contributes towards the government's revenue in what they sell," Mr. Harold said.
Solomon Times understands senior officers from the Solomon Tobacco Company made a visit to hold talks with Mr. Harold on the issue of closing the market.
"We have 31 stalls here at the market and people spend much on cigarettes and tobacco, which benefits not just Solomon Tobacco but also the government," added Mr. Harold.
He revealed that the market in a day makes two to six thousand dollars "so this will definitely have an impact on the government's revenue and even to the Council."