Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority (UIA) has unveiled a groundbreaking initiative to encourage traders in Kampala’s business hub, popularly known as Kikuubo, to transition from trading in imported products to manufacturing them locally. The “Transitioning Kikuubo Traders to Manufacturing” initiative” is hinged on the spirit …
Read More »EFRIS: Accountant gives perspective as URA vows to maintain enforcement
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority-URA has warned the business community against misinterpreting the President’s directive on EFRIS (Electronic Fiscal Receipting and Invoicing Solution). URA says the President’s directive did not stop the implementation of EFRIS and urges the taxpayers to continue using the system. “Currently, all …
Read More »Without traders taxes, the economy is dead
That’s why Museveni can’t save them from URA COVER STORY | THE INDEPENDENT | “Tax has a negative multiplier to the economy, more so in economies such as ours where the tax system is regressive and accountability is very poor. It has long been proven by economists that people’s incomes, business …
Read More »City traders’ woes: URA to open downtown office
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) will establish an office in down town Kampala, popularly referred to as Kikuubo, that is solely dedicated to providing Electronic Fiscal Receipt and Invoicing Services (EFRIS) to traders and other tax payers, Minister of State for Finance(Planning), Hon. Amos Lugoloobi, has …
Read More »Traders clash with URA over EFRIS system
Some traders lack the digital skills to navigate the new system Kampala, Uganda | THE INDEPENDENT | Kampala’s Kikuubo trading hub was markedly quiet most of last week, a significant deviation from its usual bustling activity. The once vibrant shops, known for their colourful fabrics, utensils and scholastics were closed, with …
Read More »Terror Alert: Kikuubo traders decry decline in sales as security tightened
Kampala, Uganda | THE INDEPENDENT | Traders in Kikuubo are expressing concern over a decline in sales due to intensified security checkups by the police in response to the UK terror alert. Security chiefs have implemented rigorous operations in downtown Kampala, particularly in the Kikuubo business area, to prevent any …
Read More »How Ugandan businesses are embracing E-Commerce
Kampala, Uganda | THE INDEPENDENT | The impact of COVID-19 and its containment measures has shifted the landscape of how trade can be conducted, a survey of several Ugandan businesses shows. Interviews with several ICT and leaders in trade shows that businesses today are seizing every opportunity provided by digital technology …
Read More »Police disperses roadside vendors in Kampala
Kampala, Uganda | THE INDEPENDENT | Security personnel and Kampala Capital City Authority-KCCA enforcement officers on Monday dispersed roadside vendors in a bid to enforce standard operating procedures- SOPs. Last week, President Museveni eased the lockdown restrictions after 42 days. Museveni said that all business areas in Kampala were required to …
Read More »Arcades, Kikuubo to take time before being re-opened
Kampala, Uganda | THE INDEPENDENT | Arcades, shopping malls and the Kikuubo trading area are to open at least after a week , the minister of Kampala Hajati Minsa Kabanda has announced. Speaking to reporters at the Uganda Media Centre in Kampala, Kabanda who was flanked by the Minister of …
Read More »KCCA razes stalls in Kikuubo in a bid to manage crowds
Kampala, Uganda | THE INDEPENDENT | More than 100 vendors in Kikuubo business center in Kampala central business district are stuck following the eviction of their stalls by Kampala Capital City Authority-KCCA so as to reduce crowding. KCCA has evicted all metallic and wooden stalls that had been erected on the …
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