Business

City Traders Suspend Strike after Meeting Museveni

President Yoweri Kaguta Museveni has  met and held discussions with the leadership of traders in Kampala and upcountry districts at State House Entebbe.

The meeting followed a strike by traders who closed their businesses, expressing their discontent against Uganda Revenue Authority (URA)’s implementation of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS).

The discussions mainly centred on the taxation levied on their businesses, especially the EFRIS system.

During the meeting, the President informed the traders that he will meet the technocrats from the Ministry of Finance, Planning and Economic Development and URA on the 24th, April 2024 for wider consultations.

The President also noted that he will then meet with all the traders on 7th May 2024 at Kololo Ceremonial Grounds.

President Museveni further directed that all penalties should be suspended by the URA for the meantime to give room for wider consultations.

The leaders of the traders agreed to reopen their businesses as they continue to consult further with the government.

The delegation of 61 leaders was led by John Kabanda, the leader of the Federation of Uganda’s Traders Associations (FUTA), and Dr Thadeus Musoke, the leader of Kampala City Traders Association (KACITA). The meeting was also attended by  Issa Ssekito, the Spokesperson of KACITA.

Pearl Times Reporter

Latest Uganda news, politics, business, health and entertainment coverage.

Recent Posts

Bobi Wine’s Presidential Nomination Hangs in Balance as EC Boss Byabakama Sends Him ‘Worrying’ Letter

Main opposition National Unity Platform (NUP) leader Robert Kyagulanyi Ssentamu aka Bobi Wine has described…

7 hours ago

R.I.P: Shock as NRM Politician and Flagbearer Collapses, Dies

A politician and flagbearer of the ruling National Resistance Movement (NRM) has collapsed and died,…

9 hours ago

LIST: Winners and Losers of NRM Youth Elections (NRM Parliamentary Flagbearers Full Results)

Thousands of National Resistance Movement (NRM) youths across the country took part in the election…

1 day ago

LAST LAUGH for Tanga Odoi as Son Collins Tanga Beats Brenda Kiconco to Become NRM Youth League Chairperson

On the evening of Thursday, September 18, 2025, Tanga Odoi had the last laugh as…

2 days ago

Mwine Tumwebaze Ahead of Elizabeth Kakwanzi in NRM Western Youth MP Flagbearer Race

Mwine Tumwebaze is ahead of Elizabeth Kakwanzi in the race for NRM Western Youth MP…

2 days ago

For Us, Besigye is Innocent – Otafiire

Internal affairs minister Maj Gen (Rtd) Kahinda Otafiire says veteran opposition leader Dr Kizza Besigye…

2 days ago