Kampala, Uganda | THE INDEPENDENT | A section of traders in Kampala on Wednesday closed their shops, demanding a meeting with President Museveni. The strike comes after Museveni called off a planned meeting on Tuesday with the traders, who are protesting against EFRIS and high taxes. EFRIS involves the use of …
Read More »Traders report middlemen and FMD crisis in IGAD-MENA livestock trade
Entebbe, Uganda | THE INDEPENDENT | Transboundary traders are raising alarms about the exploitative practices of middlemen and the devastating outbreak of foot and mouth disease (FMD), which they say are major threats to the livestock and meat trade between IGAD exporting and MENA importing nations. During the 3rd Private Sector …
Read More »Traders oppose closure of roads during Mbarara city festival
Mbarara, Uganda | THE INDEPENDENT | Mbarara City traders are expressing their discontent with the City Council’s proposal to close certain streets during the upcoming 2024 City Festival. The festival, which is the second edition of the two-day City Trade, Music, and Art event, is scheduled for June 21st and 22nd …
Read More »Museveni sustains Electronic Fiscal Receipting System (EFRIS)
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has maintained the use of the Electronic Fiscal Receipting and Invoicing Solutions (EFRIS), for Value Added Tax collections. He, however, advised the Uganda Revenue Authority to suspend fines and penalties for non-compliant traders and instead encouraged dialogue between taxpayers and tax collectors. …
Read More »Traders call off strike, for now, after government agrees to additional demands
Manufacturers claim EFRIS is a good initiative but poorly implemented Kampala, Uganda | THE INDEPENDENT | Thousands of traders, who had shut their shops in Kampala and other towns, called off their strike on April 20, claiming a tentative victory following a meeting with President Yoweri Museveni. President Museveni agreed to …
Read More »Without traders taxes, the economy is dead
That’s why Museveni can’t save them from URA COVER STORY | THE INDEPENDENT | “Tax has a negative multiplier to the economy, more so in economies such as ours where the tax system is regressive and accountability is very poor. It has long been proven by economists that people’s incomes, business …
Read More »Traders agree to open shops after Museveni meeting
✔ President to meet with Ministry of Finance and URA Technocrats on April 24, 2024. ✔ President to meet with all traders on May 7, 2024 at Kololo Ceremonial grounds. ✔ URA directed to suspend all penalties during further consultations. ✔ Traders agreed to open up their businesses while continuing …
Read More »City traders’ woes: URA to open downtown office
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) will establish an office in down town Kampala, popularly referred to as Kikuubo, that is solely dedicated to providing Electronic Fiscal Receipt and Invoicing Services (EFRIS) to traders and other tax payers, Minister of State for Finance(Planning), Hon. Amos Lugoloobi, has …
Read More »Jinja traders join strike against EFRIS
Jinja, Uganda | THE INDEPENDENT | Jinja Traders Association-TA have joined the nationwide strike by closing shop to protest the enforcement of the Electronic Fiscal Receipting and Invoicing Solution-EFRIS. Traders say that, EFRIS is a form of taxation that will lower their customers’ purchasing power and over time create unfair business …
Read More »Traders clash with URA over EFRIS system
Some traders lack the digital skills to navigate the new system Kampala, Uganda | THE INDEPENDENT | Kampala’s Kikuubo trading hub was markedly quiet most of last week, a significant deviation from its usual bustling activity. The once vibrant shops, known for their colourful fabrics, utensils and scholastics were closed, with …
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