Traders working in Kampala central have decided today in the meeting held at Uganda manufacturers Association conference Hall to extend their strike against the Pre-inspection Verification of Conformity (PIVOC) standards fee.
Lawrence Sewakambo, a trader in shopping Arcade, said while he supports the strike he could not afford to stay at home indefinitely. With family obligations, he participated for a day in solidarity before he decided to find another way of doing business.
The Minister for Trade Amelia Kyambadde has presented a statement on the Pre-import Verification Conformity (PVOC) and as well laid counterfeit goods got from the market on the floor of parliament including sanitary towels, shoe polish, electric appliances, shoes and others.
The traders strike on Wednesday was triggered by the high interest rates on the old loans which most traders described as suffocating to their businesses. The traders also protested being charged in dollars to pay rent.
Museveni blamed the elite and political class for the current economic woes saying they frustrated the construction of roads, railway and power insfrastructure which factors he says have increased the cost of production in the country.
President Yoweri Museveni is meeting leaders of the Kampala City Traders Association (KACITA) at State House Nakasero in a bid to convince the traders to call off a three-day strike that started on Wednesday.
Shops in Kikubo Lane, a busy business hub, are all closed and traders are seen playing idling around and playing football on the tarmac. A Uganda Radio Network Reporter in the city says all shops in Kisekka Market, Kyagwe Road, William Street, Namirembe Road and Nakasero among others are closed.
Prime Minister Amama Mbabazi on Monday appealed to Kampala traders under their umbrella association â€“ KACITA, to stay their strike until government finds a lasting solution to the high inflation currently affecting the country.
A two-day strike by Kampala traders gets underway with most shops in the city reportedly closed. Businesses in Kiseka market, Nabugabo road and Kikuubo lane are all closed. In Wandegeya, only supermarkets are open including Delight Supplies and MM supermarkets.