By Gerald Businge on January 11, 2012
association, charge, city, city traders, commercial, Commercial Banks, government, high interest rates, interest, issa, KACITA, loans, Masaka, mubende district, Sekitto, shops, spokesman, strike, today, traders association, uganda, umbrella, umbrella association
Celebrity gigs, Gossip, Latest Uganda News, Stories Unusual
Hundreds of shops in Kampala, Mityana, Masaka and Mubende district have been closed as traders under their umbrella association of Kampala City Traders Association (KACITA) started their three-day sit down strike protesting against high interest rates charged on loans by commercial banks. The commercial banks operating in Uganda charge over 27% on loans. Our reporters […]
By Gerald Businge on January 11, 2012
association, city, city traders, commercial, Commercial Banks, government, high interest rates, issa, KACITA, loans, Masaka, Moureen, mubende district, Nakyanzi, Sekitto, shops, spokesman, strike, today, traders association, uganda, umbrella, umbrella association
Celebrity gigs, Gossip, Latest Uganda News, Stories Unusual
Hundreds of shops in Kampala, Mityana, Masaka and Mubende district have been closed as traders under their umbrella association of Kampala City Traders Association (KACITA) started their three-day sit down strike protesting against high interest rates charged on loans by commercial banks. The commercial banks operating in Uganda charge over 27% on loans. Our reporters […]
By Gerald Businge on August 15, 2011
KACITA, Sugar crisis, uganda economy
Latest Uganda News
Kampala City Traders Association KACITA has noted that there is no need of using Mabira Forest for the Sugarcane growing yet there is a lot of unused land in many parts of the country. The Chairman KACITA Everest Kayondo says Mabira will not be the solution to the sugar scarcity, adding that plantations of sugarcanes […]
By Gerald Businge on July 28, 2011
Everest Kayondo, Jenifer Musisi Ssemakula, KACITA, President Yoweri Museveni
Latest Uganda News
President Yoweri Museveni has ordered Kampala Capital City Authority (KCCA) to rid the city streets of vendors immediately. This follows complaints by traders about vendors whom they say sell similar merchandise on streets outside the shops of traders yet the traders pay licenses and rent for the shops to sell merchandise. The president is reported to have […]
By Gerald Businge on July 6, 2011
depreciation of Uganda shilling, Issa Sekito, KACITA, Kampala traders Association, Uganda shilling
Business & Finance, Business news, Latest Uganda News
The meeting held between the minister of Trade and Industry Ameria Kyambadde and kampala City Traders Association top executive has ended with both sides failing to reach a final conclusion geared at seeing off the traders’ planned demonstration. KACITA Everest Kayondo confirmed to reporters that their planned demonstration is 100% still on since no mutual understanding has been reached upon with […]
By Gerald Businge on July 1, 2011
depreciation of Uganda shilling, Issa Sekito, KACITA, Kampala traders Association, Uganda shilling
Business & Finance, Business news, Latest Uganda News
Traders in Kampala have announced a massive sit down strike starting Wednesday and Thursday next week that will see the whole business community in the country keep home for those two days as a way for drawing the government’s attention to address their needs. In a meeting held on Friday between the traders and their […]