Foreign traders who engage in petty trade irk Ugandans
13 November 2013, 13:09
Kampala - Ugandan traders are irked by the growing number of foreigners,especially those from China, India and neighboring African countries, who engage in petty trade which is supposed to be done by nationals.
The government has promised to weed out such foreign traders in the near future.
The spokesman of Kampala traders association, Isah Sekito, said, ''It is unfair for foreign foreigners to come to Uganda and get involved in petty trade like making samosa and chapati. Such petty business should be done by unemployed Ugandan youths.''
One of the traders in Kampala, Lynne Namugga, said that some Chinese and Indians are running retail shops in Kampala and other towns in the country where they sell items at a chepaer price than the natives, thus 'pushing' them out of business.
She said, ''We expect foreign investors to put in place businesses or factories which employ Ugandans instead of competing with Ugandans in small businesses.''
Responding to the complaints, the trade and industry minister, Amelia Kyambadde, revealed that her ministry has set up new and tough guidelines for foreign investors to set up business in the country with the aim of weeding out petty investors.
Kyambadde said, ''We have embarked on the process of screening foreign investors. We will make sure that they comply with the laws of this land.''
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