Home business Traders agree to resume business after meeting President Museveni

Traders agree to resume business after meeting President Museveni

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The Commissioner General of the Uganda Revenue Authority, John R. Musinguzi speaks to traders in Kikuubo, downtown Kampala.(Photo/Courtesy)

President Yoweri Kaguta Museveni met and spoke with the leaders of traders in Kampala and the upcountry districts today at State House Entebbe.

The meeting came after traders staged a strike to protest the Uganda Revenue Authority’s (URA) implementation of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS).

The discussions focused primarily on the taxes levied on their businesses, particularly 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 Mr.  Kabanda John, the leader of the Federation of Uganda’s Traders Associations (FUTA) and Dr.MusokeThadeus Agenda, the leader of Kampala City Traders Association (KACITA).

The meeting was also attended by Mr. Issa Ssekito, the Spokesperson of KACITA.

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