Michael | Dar es salaam
Sebo,this country remains poor if you dont realise that half of the foreign investiments done by the commercial banks end up in foreign accounts as foreign repartriation.
starin | mkerere
why don''t they adhere to the problems before the strikes arise
Twende Akunatabu | Jinja
Mr. president, sack useless ministers. Every contentious issue must be solved by the President including students strike at makerere, teachers strike, warring NRM big shorts. this leaves the president with no time to fight the new ugandan scourge "Corruption". How many Ministers do we have?. Tamale mirundi is fast at solving issues, make him PM.
Richard Gudoi | Nakiwondwe,Busulani
Really, IS Kirumira going to reduce rent for his tenants because most of them are renting his premises?
How are traders in Owino market affected by bank interest rates. Is the high bank interest rate of the microfinance ranking? Who controls bank interest rates? If this not fraud and corruption come politicking, then it is about economic sabotage which model they are using is poor fettered and wrong to their poor focus. Traders and traders in Kampala should know that their is not what we want. Do they say it is the interest rates that promote fraud and corruption?
Anthony | Kampala
I think what people are not getting right is the issue of the increased interest rates on existing loans. The problem will not be solved by not borrowing, but being able to service a loan where its interest has been increased before its settled. It would be reasonable if the increase was only for new loans, then one would keep away from borrowing. Please try to understand the traders'' problem.
ssebina charles | kampala
Mr. museveni this seems the way your cabinet wants to work.Next strike will be on buveera will even all MPs have totally forgotten to pass a motion about yet still all our very learned cabinet and the latter staff say ;our economy''s back bone is agriculture which is killed by buveera.Have you ever museveni calculated how many buveera UCHUMI,NAKUMATI,SHOPRITE,etc give out an hour ? YET most of these are the tax free businesses in their intiallisation.LETS LOVE OUR COUNTRY.
Mr ssebina charles | kampala
Mr .museven you should this time try to make your cabinet work to all corners with each subject a monthly report of finished tasks and those pending received and pataining the nation at large.These are people who are given every thing to serve the nation but they seldom just wait for strikes.
ssebina charles | kampala
when will a ugandan citizen even be given a banana has he asks for it or as itis supposed to be ?Things like tax holiday are given to foreigners why ?,why don''t we give such to the new youth, womencooperatives and those new in the business feild such that they stable in team.
ssebina charles | kampala
I think the people of our nation need on vaccine but want the disease seen with its effects then they respond.mr. museveni should tell his ministers ,governor and ather parties to come down to people ,listen and slove their problems instead of moving in prados day and night over no issue done.
Andrew B. Bafaki | kampala
Regardless of who caused inflation,Can low interest rates bring it down?
Ithink traders need not to run away from the reality.Do traders and their supportive MPS know the role they play in bringing inflation down.For example,what if some traders choose to produce imported goods locally, invest in food production instead of building expensive shopping malls of which some fail to get tennants then you have MPS encouraging people to remain in rural areas by reviving co-operative societies, convice government to subsidise them so as to create market as wellas jobs.checking govt excesses,enacting laws that would wipe out business monopolies in some sectors such as pension industry.Inflation is the worst thing to happen in an economy and the central bank has played its part, therefore everyparty should play its role including government and things will normalise as it happened with dollar rate which caused strikes.By the way the simple question to traders is how come the prices of goods purchased using dollars such as fuel have not come down despite low dollar rates and stability in oil producing countries.They need to know that some of these problems are not caused by a single factor as they seem to suggest.
samuel | musanze,rwanda
i agree with the traders because every business in kampala is run by money borrowed from banks. those who think that traders are doing some thing wrong may be they are rich that they do not borrow.or they have never done any business thats why they are ignorant of what is taking place in the country
oliver | Rubaare Ntungamo
I gree with our president because he has gat no problem at all.The only problem is with our leaders who do not do their part
Paul | Germany
I will not accept pressure and confusion says our president.Traders had no alternative because they used all possible means to resolve the problem but adamant BOU boss could not hear.''''Since they have known you ,they will deal with you that is the principal''''. what is on the ground ,the government has lost a lot of money rather than printing more notes ,the choice is to taxing the people through the agents (commercial Banks) so as to save the economy and get more money. Government should accept the constraints and get other means of getting money rather than increasing the interest rates.
Frank | Moroto
My advice is if the banks have over raised their interest rates why don''t we go back to the old days where we kep money in pots and under ground, i know i may sound owful but this may solve the problem. Secondly avoid borrowing more money from the banks and u will see what will happen to them, Thanks instead of making life difficult for others including yourself. Mike you, you are making losses and starving your own self and your family because of the majorities who may be confortable in thier homes and have nothing to loose. Remember the rents and shcool fees are soon choking!!!!!!!!!!!
Shafiq | Kampala
How long has the KACITA notice to close shops been in place, what has M7 been waiting for to convene the dialogue? this is a clear manifestation that had they not lived up to their words, gov''t was reluctant to address their issues. The advantage with this, the president is taking lessons now that institutions should be left to work, the is need to plan ahead etc only that he has learning in his evenings! God rescue us
Andrew | Fort portal
I think the government is falling economically the medicine is hard to get because the causer knows it better than the affected Ugandans
alfonso | Ntinda
m7 said that ,he doesn''t work under pressure, is he really doing anything?
Ogen victor | Nairobi
Mr. M7 Help us and hand over power to a fresh and economic brain. In this way you will your legacy.
Arther | Kampala
Uganda Uganda strike for what now.If u can''t payoff on that rate.Simple don''t borrow.Jesus have mercy on our country
kemigisha ethel | kampala
i actually and many times i have always wondered to people(Ugandans) because the more u continue staging strikes the more we shall remain poor because like what the traders are real doing its not going to solve anything let them wait for the outcome from their leaders because they submitted their request and before they get feedback from their leaders they strike.another thing we have always blamed the government we forget that it''s us the citizens who make the government to be either on a low level standard or high so please revise the way u handle your issues as traders and know why you elected the leaders .
nice | kla
i Agree with M7 no need to close shops discuss with the banks or pay off their money on the interest rate and boycot the money with high interest rate botton line if u cant afford the interest rate 32% dont borrow its simple as that
Mukhwasi Masaba | Mbale
How long have we listened and danced to these tunes? How much longer should the vendors continue to listen to the air filled promises? 26 years of government,the issue is being addressed now? WGod bless Uganda.
Betty | Kampala
The truth is that our government is no longer in control; they are failing to pay suppliers and yet these suppliers use bank loans to finance their contract with gov''t! Just ask and government supplier if they have been paid for the last 2 months; the answer is obviously NO! If gov''t pays suppliers, banks will also receive timely repayments on loans hence lower risks in lending out money which in turn will lower the interest rates. I think this is common sense, unfortunately when it comes to the subject of money common sense is uncommon.
Bishanga Paul | Kabale
The Traders wants the President to hear their hardships with the Banks,Interest Rates which are high and to teach him that he should not sit down at times waiting for things to go wrong while he is the President of Uganda.He has to resolve the problem before the Shops in the Country closes.Warning against the strikes in a situation of Uganda is not wise and it could be very dangerous.
Batte Ahmed | Kampala
Raising interes on old loans was unthinkable to most of Ugandans,yet the Govement did not take the trouble to explain.Now Govement sounds like a win win situation can emerge.Ugandans are slowly learning,that changes are only possible after striking. Who is to blame.Besides, rent is paid in US Dollars. Is this reasonable?If not is the Govement waiting for another strike.
Mimi | Kla
Our leaders should stop being very self -centered and remorseless...
Deliver what the people want.
Really! Is it too much to ask ?
Deliver! Deliver! Deliver!
Talk without delivering to the people who elected our govt officials is like pouring water in a basket.
Camera , Lights and Action. Thanks.