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Tag Archives: KACITA

EFRIS: Uganda Manufacturer’s Association disagree with traders

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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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