URA boss, Allen Kagina

The Acting Commissioner in charge of Customs at URA, Phoebe Lutaaya Kamya says URA will auction the goods/vehicles in pursuant to section 42 (i) of the East African Community Customs Management Act (EACCMA) 2005 and regulation 207 of the East African Community Customs Regulations (EACCMR) 2006.

In a media statement issued today (23rd June 2010) seen by Ultimate Media, Lutaaya  informed the general public that all importers of vehicles and general goods that were earlier listed for auction in an advert on 20/04/2010 and have failed to honour the change of auction status by paying the requisite taxes to do it immediately.

The Commissioner says all goods/vehicles that remains un-cleared by today (Wednesday June 23, 2010) will be sold at a public auction on Friday.

For more information on the subject, visit http://ura.go.ug

Ultimate Media

The post URA to auction 100 vehicles on Friday first appeared on Uganda Multimedia News & Information.

The spokesman of the Kampala City Traders Association Issa Ssekito says, the situation is further worsened by the nature of Uganda which is landlocked.

Kampala traders

The East African Common Market Treaty, which is the first of its kind on the African Continent, was signed in 2009, by leaders of the five-member bloc of the East African Community.

The treaty allows free trade, movement and right of residence of all traders who are citizens of the five East African Community countries Uganda, Kenya, Tanzania, Rwanda and Burundi.

Ssekito told Ultimate Media in Kampala today, that Ugandan traders will be easily outcompeted by traders from more industrialized East African countries like Kenya.

He appealed to the East African Community and the Uganda government to first address the challenges faced by Ugandan traders as a result of the implementation of the East African Customs Union before moving to another step.

Countries of the East African Community Bloc have already slashed work permits for their citizens. The initiative aims at allowing free movement of labour to enable the rapid economic growth of the five East Africa Community Countries and reduce the problem of unemployment.

Ultimate Media

The post Uganda traders not ready for East African Common Market first appeared on Uganda Multimedia News & Information.