Uganda loses over 2 billion shillings daily as a result of traders' demonstrations

Over two million traders operate daily in the central business district, serving more than 7.5 million traders who travel from various parts of the country to engage in business. This activity has helped address the youth unemployment problem.

According to Edward Ntale, chairperson of the United Arcaders Traders Entrepreneur Association, more people will be affected if the government does not address their concerns. Ntale states that the private sector, which employs individuals between 16 and 50 years of age, accounts for 31 million people compared to 4 million in public service.

Ntale, speaking in an exclusive interview with Salt, said that traders have engaged various ministries, including the Ministry of Trade, about their challenges but feel they have been neglected.

Among their grievances is the influx of foreign traders, which has made it difficult to do business. He cited foreign investors, including Nigerians dealing in spare parts, Egyptians in electronics, and Congolese in minerals. Ntale questioned why the Ministry of Trade continues to issue work permits to these investors.

Ntale also highlighted the mistreatment of Ugandans by foreign investors and called for the implementation of a minimum wage. He further advised the government to end its tax exemption policy, which he believes favors foreigners at the expense of Ugandans.

He criticized the National Chamber of Commerce for failing to bring harmony to the central business district, citing the neglect of the former industrial city, Jinja.

Meanwhile, a section of traders reportedly shunned a scheduled meeting with the prime minister, fearing it would create the impression of being compromised. The traders have also accused one of their long-serving administrators, Isa Sekito, of denying young entrepreneurs the opportunity to get involved in the association's administration, allegedly due to his claim of having vast experience.