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Tag Archives: KACITA

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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Uganda’s 2022 economic outlook

Rise in imports, commodity prices, COVID-19 variant could impact recovery Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy underperformed in 2020 as coronavirus pandemic lockdown took toll on economic activities. The economy is projected to grow by 3.5-3.8% in the FY2021/22 and 5.5-6.0% in FY2022/23, before increasing to 6.5-7.5% in …

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SECURITY: Relocation of Kampala city vendors starts next week

Kampala, Uganda | THE INDEPENDENT | The relocation of street vendors to gazetted market places will start next week, Kabuye Ky’ofatogabye, the State Minister for Kampala and Metropolitan Affairs has said. Speaking at the celebrations to mark 20 years of Kampala City Traders Association (KACITA), Kabuye said that the government …

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KACITA to punish vendor for selling nsenene aboard Uganda Airlines

Kampala, Uganda | THE INDEPENDENT | The passenger who sold grasshoppers, locally known as nsenene, aboard Uganda Airlines flight 446, has apologized. Identified as Paul Mubiru, the trader has written a letter to the management of the airline apologizing for the act. The incident which has since gone viral on social …

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KACITA forms arcade security committees after Kampala bombing

Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Traders’ Association (KACITA) has formed arcade security committees as a measure to improve vigilance and safety for traders and their customers in the aftermath of the bomb attacks in the city. The arrangement follows reports of laxity among members of the business community …

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Stanbic Bank, KACITA move on Asian markets

Stanbic Bank Uganda Limited and Kampala City Traders | THE INDEPENDENT | Association on Oct.14, unveiled a partnership that will significantly ease traders’ ability to source for goods from Asian markets as well as pay the stipulated taxes on the imported items. Stanbic Bank Uganda Chief Executive Anne Juuko said …

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KACITA announces week long demo over textile tax

Kampala, Uganda | THE INDEPENDENT | Kampala City Trader’s Association-KACITA has announced a peaceful demonstration by traders following their failed negotiations with the government on the new tax policy of textile fabrics and garments. KACITA spokesperson Issa Ssekito says that their shops will remain under lock starting Wednesday until government reverses …

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Government accuses KACITA leadership of dishonesty

Kampala, Uganda | THE INDEPENDENT | As the government moves to meet traders over an impending strike by importers of textile and textile products over taxes, the Ministry of Finance, Planning and Economic Development, and the Uganda Revenue Authority are accusing the traders leadership of dishonesty. Kampala City Traders Association, KACITA …

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