interest

Traders to sue commercial banks over high interest rates charged on loans

The Chairman of Kampala City Traders’ Association Everest Kayondo says they are not satisfied with the out come of their recent strike. Kayondo says that despite having resumed business, the traders still need to put more pressure on the government to put a ceiling on the interest rates commercial banks charge on loans. The traders […]

Traders strike in Uganda ends

 Ugandagovernment has lost over 6 billion shillings during the three day traders strike in Kampala Capital City Authority. On Wednesday this week thousands of Traders inUgandaespecially inKampalaclosed their shops protesting against the high interest rates commercial banks charge on loans.  The traders strike was peaceful although the police arrested some of the traders it suspected […]

Shops closed as traders in Uganda open strike

Hundreds of shops in Kampala, Mityana, Masaka and Mubende district have been closed as traders under their umbrella association of Kampala City Traders Association (KACITA) started their three-day sit down strike protesting against high interest rates charged on loans by commercial banks. The commercial banks operating in Uganda charge over 27% on loans. Our reporters […]

Makerere University joins traders strike

MakerereUniversitylecturers have today joined Kampala City Traders Association members in their three day peaceful strike which kicked off across the country.  The traders are protesting against the high interest bank charges. The traders say that the banks which have been over charging them include Citi Bank, Stanbic Bank, Barclays bank, Standard Chartered Bank, Bank of […]

Betty Kamya meets Uganda Electoral Commission officials

The President General of Uganda Federal Alliance, Betty Namisango Kamya has met with the officials of Electoral Commission inKampalatoday to agree on the roadmap towards the preparation of the referendum to change the system of governance from unitary to federalism in 2015. The electoral commission decided to meet Betty Kamya today five days back. The […]

‘Spies’ steal DP computers containing vital information

 Suspected spies on Thursday night opened the head offices of the Democratic Party (DP) and stole party computers suspected to contain vital party information on party funding, cohorts in the diaspora, and communications from NRM members to DP and Vice versa. The legal advisor of DP Mukasa Mbidde says that the party members suspect that […]

International Students Invited for 2012-2013 Visiting Scholarships in the Field of Law, USA

The Center for the Study of Law and Society invites applications for visiting scholars in the Field of Law 2011-2012 Study Subject(s): Law Course Level: Research Scholarship Provider: The Center for the Study of Law and Society Scholarship can be taken at: USA Eligibility: 1. Applicants normally must possess a Ph.D. or J.D. (or foreign […]