By Julius Businge So what if Mutebile reduces bank rate but lending rates stay up? The recent strike of traders against banks over high lending rates put Esther Nakitende in a tight spot. The clothes seller on William Street in downtown Kampala city followed instructions from the Kampala City Traders …
Read More »Museveni’s rupture with traders
By Andrew M. Mwenda Is the standoff between government and traders the tip of an irreparable breakdown of their relationship? Last week, striking traders paralysed business in Kampala. Negotiations between their association, KASITA, and the government did not yield much. As with all previous strikes and demonstrations in Uganda over …
Read More »Uganda traders threaten to blockade South Sudan
By Patrick Kagenda Hirome Mayanja Sabbehe, the director of Shamila Contractors, was the chairman of the Uganda business community in south Sudan from 2005 to the beginning of 2007. He dealt in human drugs in Malakal in the Upper Nile State of south Sudan. It was here that he met …
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