The Uganda Chamber of Commerce and Industry is asking the government to develop policies  that will enable Uganda to have a more socially and economically competent citizenry that is able to provide market to products and services of traders.

At the workshop that was organized by African Centre for Media Excellence for journalists, the Secretary General of The Uganda Chamber of Commerce and Industry, Morrison Rwakakamba said that even if any country has a population of millions of people when their income is very low, there will be limited development as the population has no effective demand for goods and services.

He says the low demand for the products in Uganda is forcing some traders to reallocate to other countries where they can sell better.

Rwakakamba also says that the taxes of Uganda are very prohibitive for people who set up businesses. He says that the Uganda Chamber of Commerce they have always advocated for the scrapping off of Pay As You Earn (PAYE).

Rwakakamba says that PAYE has left the majority low income earners in abject poverty hence reducing the aggregate demand for products.

Rakakamba says that traders are also not happy that the government has allowed any foreign investor to come to Uganda, to even compete on things that are done by small business people in Uganda.

By Issa Asuman