The leadership of traders in Uganda has met with President Museveni over the Electronic Fiscal Receipting and Invoicing Solution(EFRIS) and accepted to reopen shops.
The traders have since Tuesday been on a protest over the implementation of EFRIS by tax body Uganda Revenue Authority.
On Friday night, the traders met with the president and the discussions mainly centred on the taxation levied on their businesses.
During the meeting, the president informed the traders that he will meet the technocrats from the Ministry of Finance, Planning and Economic Development and URA on April, 24, 2024 for wider consultations.
He said he will meet the traders again on May, 7 at Kololo before he directed that all penalties should be suspended by the URA for the meantime to give room for wider consultations.
“The leaders of the traders agreed to reopen their businesses as they continue to consult further with the government,” a statement by State House said in brief.
The delegation of 61 leaders was led by Kabanda John, the leader of the Federation of Uganda’s Traders Associations (FUTA) and Dr. Musoke Thadeus Agenda, the leader of Kampala City Traders
Association (KACITA).
