Saturday , July 6 2024
Home / Tag Archives: KACITA

Tag Archives: KACITA

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »