Traders’ strike ends, business resumes

city traders have ended their two-day strike in protest of the high taxes, the depreciation of the Ugandan Shilling against the US dollar and high license fees.

The strike which started on Tuesday this week, paralyzed city business as traders closed their shops demanding an explanation from the government. Traders held a series of meetings with the traders.

When New Vision visited the city on Friday morning, business was back to normal and all shops were open.

Meanwhile, minister of trade Amelia Kyambadde and her counterpart of finance Maria Kiwanuka are today (Friday) appearing before Parliament to explain what remedies they have for a crisis sparked off by biting inflation and high import taxes.

This followed a two-day paralyzing traders strike in Kampala flickered by the high taxes and inflation, which forced Parliament Speaker Rebecca Kadaga to summon the duo to explain what remedies they have for the crisis.

This was after MPs last week demanded an explanation that was scheduled to be made by the two ministers on Thursday, but both eluded the sitting, to the chagrin of the House.

Kadaga suspended the sitting, and demanded that business today should begin with the two ministers’ statements.

http://www.newvision.co.ug/D/8/12/759687

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