The Kampala City Traders Association resolved on Tuesday to petition government over the shilling’s continued volatility and the increase of interest rates on old loans. The weakening shilling, according to KACITA, has put pressure on the business community, especially when importing and paying rental expenses which has forced some of …
Read More »KACITA to open own bank
KAMPALA traders under their umbrella organization, the Kampala City Traders Association (KACITA) are looking forward to starting their own bank after commercial banks hiked interest rates last year to a level that pushed some of them out of business. Everest Kayondo, the chairman of the association told traders at their …
Read More »KACITA warns traders on counterfeit goods
THE Kampala City Traders Association (KACITA) spokesperson Issa Sekitto has warned companies which adulterate products of other producers as a way of tarnishing brands on the market, urging owners put a reward to anyone who can reveal the masqueraders.Brand names of several companies have been spoilt by others whose …
Read More »Rent in arcades overwhelms former Kisekka market vendors
OWNERS of shopping arcades in the vicinity of Kisekka Market have hiked rent fees as traders who previously operated in the market seek refuge there.Kisekka Market, which was dogged by wrangles over ownership, was demolished at the end of last year to pave way for redevelopment.The demolition, came at the …
Read More »KACITA advises on balance of trade
Kayondo said that since Uganda’s comparative advantage is in agriculture, government should place more emphasis on the development of the sector, to raise exports and balance the country’s tr A consortium of traders, under their umbrella body, the Kampala City Traders Association (KACITA) has called upon government to put more …
Read More »KACITA creates global partnership
KACITA is set to extend its footprint to 51 countries across the globe, following a new partnership with the Fast Forwarders; a transportation company operating in 52 countries across the globe THE Kampala City Traders Association (KACITA) is set to extend its footprint to 51 countries across the globe, following …
Read More »Traders want equal access as Kenya opens new terminal
The spokesperson of the Kampala City Traders Association (Kacita), Mr Issa Sekitto, has called for equal treatment and access to systems of clearance as Kenya Ports Authority (KPA) launched a new terminal at Mombasa port. “Equal accessibility to the tax system will help speed up the clearing process for goods. …
Read More »KACITA Launches Pension Scheme
Uganda’s pension sector is set to become more competitive with the launch of Kampala City Traders Association (KACITA) – Uganda Provident Fund Scheme – TEGEKA which targets to mobilize savings and investment capital from over 65,000 registered members.
Read More »KACITA Launches Pension Scheme
Uganda’s pension sector is set to become more competitive with the launch of Kampala City Traders Association (KACITA) – Uganda Provident Fund Scheme – TEGEKA which targets to mobilize savings and investment capital from over 65,000 registered members. The Fund, which provides a new vehicle of saving for traders and …
Read More »Interview with Everest Kayondo, Chairman, KACITA
Q: Recently Kampala traders went on strike following a disagreement between importers and the government over the reintroduction of the Pre-Export Verification of Conformity (PVOC) system which was initially introduced in 2010 but later put on hold for review. What exactly were traders protesting for? A: First of all I …
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