Uncategorized

October 1, 2019

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 a new partnership with the […]

October 1, 2019

KACITA to petition government over soaring rates

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 their colleagues to close shop. […]

October 1, 2019

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 annual general meeting (AGM) on […]

October 1, 2019

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 intention is to ruin the […]

October 1, 2019

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 heels of a court injunction […]

October 1, 2019

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 emphasis on agro production and […]

March 19, 2019

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. Uganda’s tax system ESCUDA is […]

March 19, 2019

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.

March 4, 2019

KACITA Launches Pension Scheme

March 4, 2019

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 would like to correct the […]