KAMPALA – A delegation from the Kampala City Traders Association (KACITA) has today paid a courtesy visit to Ms. Mercy K Kainobwisho, the Registrar General of the Uganda Registration Services Bureau (URSB). The meeting, held at the URSB headquarters at Georgia House focused on areas of mutual cooperation & enhanced joint sensitization campaigns across the country.
In her remarks, the Registrar General appreciated KACITA for the visit adding that it was the first delegation she was meeting since her appointment to the office in December 2020. She appealed to KACITA to encourage its members to formalize their businesses in order to support efforts to improve Uganda’s ranking in the ease of doing business index as well as be able to access the security interest in movable property registry system (SIMPO) that enables Micro, Small and Medium Enterprises as well as individuals access credit using their movable assets as collateral.
The system was developed in fulfillment of Government of Uganda’s objective in the Second National Development Plan 2015/16 – 2019/20 of reducing interest rates. ”With your visit, we can now strengthen other areas of collaboration and enhance cooperation for the implementation of key interventions for the Kampala City Traders who form the bulk of our clientele. URSB is open to further discussions with KACITA on any other mutually beneficial services for all our clients” Ms. Kainobwisho said.
”At URSB, we have a deliberate strategy to simplify registration services for our clientele while promoting the country’s competitiveness. Our steady rise in ranking is attributed to engagements like the one we are having today” she added.
On his part, Mr. Abel Mwesigye, the CEO of KACITA congratulated Ms. Kainobwisho on her appointment and pledged their continued support and cordial relations. Mr. Mwesigye was particularly thankful to URSB because the formalization of their businesses facilitated by URSB gave confidence to financial institutions to provide additional relief from challenges brought about by Covid 19.
He appealed to the URSB management to expand on the advocacy and training programmes to cover cities outside Kampala. He also requested for implementations of joint initiatives between KACITA and URSB.
The KACITA delegation included Mrs. Prosy Musoke (Board Member), Mr. Ayesigye Brian (Organizing Secretary and founder Bravo Shoes), and Mr. Baguma Timothy (Head of Finance)