SPECIAL REPORT | THE INDEPENDENT | The Uganda Manufacturers Association has offered support for the Electronic Fiscal Receipting and Invoicing System (EFRIS) but faults the government agencies on aspects of its implementation. UMA Chairman, Deo Kayemba says while the system is vital to ensure proper tax administration, the taxpayers do not …
Read More »EFRIS: City traders close shops in protest
Kampala, Uganda | THE INDEPENDENT | Shops in all parts of the city center have closed as traders protest over the Electronic Fiscal Receipting and Invoicing Solutions (EFRIS) system. The protests were started last week by traders affiliated with the Federation of Uganda Traders’ Associations (FUTA). On Tuesday, they were …
Read More »PSFU, UMA and KACITA warn govt on alcohol control law
Kampala, Uganda | THE INDEPENDENT | Uganda Manufacturers’ Association (UMA) and Kampala City Traders Association (KACITA) have warned about the severe economic implications of Alcoholic Control Bill 2023, arguing that millions of jobs are at risk. The Private Sector Foundation (PSFU) has also asked parliament to shift focus to …
Read More »DTB partners with KACITA
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda and Kampala City Traders Association (KACITA) have entered a partnership to boost traders’ business with the sustainability aspect being top on the agenda. The partnership was announced at a news conference at KACITA Head offices in Kampala today. The partnership aims …
Read More »Digital number plates are too expensive – KACITA
Kampala, Uganda | THE INDEPENDENT | Kampala City Traders Association, KACITA blamed the government for the rushed decision to implement digital number plates. The government is set to roll out digital number plates with each car owner set to pay shs735,000 for a digital number plate that will replace the current …
Read More »Traders ask for a delay in digital number plate rollout for a year
Kampala, Uganda | THE INDEPENDENT | Various traders, together with the Kampala city traders’ Associations – KACITA, want the government to extend the rollout of the digital number plates, at least for one year. This call has come at a time, when the national rollout of the use of these …
Read More »Traders petition Parliament over cost of doing business
Kampala, Uganda | THE INDEPENDENT | Traders under the Kampala City Traders Association (KACITA) have petitioned the Deputy Speaker of Parliament, Thomas Tayebwa, on the high costs of doing business and prayed that government stops selective giving of tax waivers. KACITA led by their Chairperson, Thadeus Musoke, said that following the …
Read More »KACITA calls for reduction of central bank rate
Kampala, Uganda | THE INDEPENDENT | Kampala City Trader’s Association-KACITA has called for the reduction of the Central Bank Rate-CBR, saying it has made borrowing from commercial banks very expensive. CBR is the rate that is used by the Central bank to implement or signal its monetary policy stance. It is …
Read More »Nytil accused of competing against its own customers
Kampala, Uganda | THE INDEPENDENT | A war of words has erupted between traders dealing in textile fabrics and Nytil, a renowned manufacturer of the same. Nytil opened up company outlets on one of the buildings in Arua park area in Kampala, and Busia border town which traders say is to kick …
Read More »Businesses reap as schools re-open
Privately owned schools and teachers owe financial institutions more than Shs1.5trillion Kampala, Uganda | THE INDEPENDENT | Uganda’s decision to re-open schools after nearly two years to control the spread of coronavirus in the population has come as a blessing to traders in Kampala, according to Thadeus Musoke, the acting …
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