Bloomberg News

Ugandan Traders Begin Two-Day Strike in Kampala Over Inflation

July 06, 2011

July 6 (Bloomberg) -- Ugandan traders in the capital, Kampala, began a two-day strike after a series of meetings with the government failed to avert a protest over the rising cost of doing business, the Kampala City Traders Association said.

The traders are deciding whether to attend talks called by the government today to resolve the standoff, Mubarak Ntale, a spokesman for the association, said in a phone interview today from the city.

“The strike is on because nothing positive came out of the meeting with the government,” he said.

Uganda’s police force said yesterday it would deploy in at least three of the East African nation’s cities during the strike. In April and May, the authorities used teargas and rubber bullets to disperse opposition supporters protesting over the rising cost of living.

Uganda’s inflation rate fell to 15.8 percent in June after reaching a 17-year high of 16 percent in May, while the shilling fell to an 18-year low last month.

--Editors: Paul Richardson, Karl Maier.

To contact the reporter on this story: Fred Ojambo in Kampala via Nairobi at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net.


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