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Tag Archives: traders

Traders seek more funding to recover from lockdown effects

Kampala, Uganda | THE INDEPENDENT | Kampala based traders have asked the government to make more money accessible to small scale traders through the Uganda Microfinance support centre. Issa Ssekitto, the spokesperson of Kampala City Traders Association-KACITA, an umbrella for the business community, says that businesses need a stimulus to …

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No money to pay South Sudan traders-Kasaija

Kampala, Uganda |  THE INDEPENDENT |  The Minister for Finance Matia Kasaija has told Parliament that the government does not have money to pay Ugandan traders who supplied goods to South Sudan.  In 2019, Parliament approved 900 Billion shillings for traders that supplied goods and services to the South Sudan government …

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Traders plead for reopening as ministers inspect Kampala arcades

Kampala, Uganda |  THE INDEPENDENT |  Traders operating from arcades across Kampala have pleaded for reopening of the buildings to allow them to resume operations after more than three months of inactivity.  The arcades remained closed even when the government eased lockdown restrictions opening malls and other shops. But according to …

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Traders pay bribes to operate as arcades remain closed

Kampala, Uganda |  THE INDEPENDENT |  Several city traders are paying hefty bribes to law enforcement officers to allow them to operate, URN has learnt. This follows the president’s decision to maintain the suspension on arcades as part of the Covid19 preventive measures. The suspension has prompted traders to devise other …

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Bundibugyo officials start patrols to stop sell of immature cocoa

Bundibugyo, Uganda | THE INDEPENDENT | Local leaders in Kisuba sub county in Bundibugyo district have intensified community patrols to arrest farmers and traders involved in harvesting and selling immature cocoa. The operation has so far seen the arrest of more than 10 farmers and traders. They were detained briefly …

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Traders ask for interest free loans for businesses

Kampala, Uganda | THE INDEPENDENT | Traders in Kampala have asked the government to lobby for free interest loans for their businesses that were affected by the outbreak of COVID-19. In March, President Museveni issued several measures to combat the spread of the virus. They included restrictions on the movement of …

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Traders protest delayed opening of Busia market

Busia, Uganda | THE INDEPENDENT | Traders dealing in produce at the Busia market are unhappy about the delayed re-opening of the market. According to the vendors, they don’t understand why they are closed yet President Yoweri Kaguta Museveni in his last address allowed all agricultural stores to operate and …

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Traders in Kampala defy Covid-19 directives, reopen shops

Kampala, Uganda | THE INDEPENDENT | Police in Kampala on Friday engaged in running battles with traders who had reopened their shops. Several traders at various arcades and plazas had reopened their shops selling motor vehicle and motorcycle spare parts, cosmetics, new and second-hand clothes. Police said the traders’ action was …

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Gold sparkles in COVID-19 shadow

London, United Kingdom | AFP |  Gold, prized by investors in times of crisis as a safe haven, is experiencing surging demand in the face of the coronavirus outbreak — from both commodity traders and retail buyers. The precious metal had forged a seven-year peak on commodity markets this month as …

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