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Traders concerns not addressed by president- tax expert

A renowned tax expert has described yesterday’s between President Museveni and the traders as hanging and inconclusive.

Barbra Anyait by Barbra Anyait
May 8, 2024
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Traders concerns not addressed by president- tax expert

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A renowned tax expert has described yesterday’s between President Museveni and the traders as hanging and inconclusive.

Speaking during the KFM Hot Seat show shortly after the meeting held at Kololo Independence Grounds, Mr. David Rushoke, a former manager, tax Literacy at the Uganda Revenue Authority (URA) said that while the president was clear on his take about the general direction the country should take in terms of trade development, he was short of giving clear responses to the traders’ specific concerns,” i think he tried to hint on most of them  although there was leaning and the issues are mot really brought up but again the one on textile i think was well good because he’s talking about employment and all these things that should come  instead of us importing textile  and he gave the figuers of about 400.” Rushoke Said.

The president also directed the Uganda Revenue Authority to stop blanket implementation of the Electronic Fiscal Receipting and invoicing solution because the traders operate at different capacity levels

President EFRIS

However, while speaking during the show last night, Kampala City Traders Association (KACITA) Deputy Spokesperson Mr. Jemba Mulondo expressed disappointment, saying they will not relent in their pursuit for a fair playing field in business.

Meanwhile in his concluding speech, president Museveni promised to give the disgruntled traders a concrete action plan at another meeting set for June 20th at the same venue.

The meeting was also attended by the Prime Minister Rt Hon. Roninah Nabbanja, the URA Commissioner General Mr John Musinguzi among other government officials.

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