• Latest
NAM Spark Concerns over Closure of Small Businesses and Financial Burdens on Citizens

NAM Spark Concerns over Closure of Small Businesses and Financial Burdens on Citizens

January 16, 2024
The Day Africa Stopped Thinking for Itself

The Day Africa Stopped Thinking for Itself

March 31, 2026
Kyambogo student killed in Bweyogerere crash

Kyambogo student killed in Bweyogerere crash

March 30, 2026
VINAStech Advert
Narcotics creeping into schools and homes, CID Boss

Narcotics creeping into schools and homes, CID Boss

March 30, 2026
Crime drops by 10.2% in 2025, Police report

Crime drops by 10.2% in 2025, Police report

March 30, 2026
Journalist Abducted in Kampala: UJA Demands Immediate Release

Journalist Abducted in Kampala: UJA Demands Immediate Release

March 30, 2026
STASSU, Police push tougher enforcement as Lake Victoria accidents rise

Stakeholders demand tougher enforcement of water safety regulations

March 28, 2026
Journalists called to support peace efforts in Karamoja

Journalists called to support peace efforts in Karamoja

March 28, 2026
Two UPDF Generals Arrested Over Corruption

Two UPDF Generals Arrested Over Corruption

March 28, 2026
Envoy exposes cost of government jobs

Envoy exposes cost of government jobs

March 28, 2026
Dr Rose Clarke: CIU ready for new competence-based learning reforms

Dr Rose Clarke: CIU ready for new competence-based learning reforms

March 27, 2026
Police Arrest Social Media Influencer Over Alleged Unnatural Offences

Police Arrest Social Media Influencer Over Alleged Unnatural Offences

March 27, 2026
Ranger Shortage Threatens Uganda’s Forest Restoration Efforts

Ranger Shortage Threatens Uganda’s Forest Restoration Efforts

March 27, 2026
  • About Us
  • Internship
  • Contact Us
Tuesday, March 31, 2026
Parrots Media
No Result
View All Result
  • Login
  • News
    The Day Africa Stopped Thinking for Itself

    The Day Africa Stopped Thinking for Itself

    Narcotics creeping into schools and homes, CID Boss

    Narcotics creeping into schools and homes, CID Boss

    Crime drops by 10.2% in 2025, Police report

    Crime drops by 10.2% in 2025, Police report

    STASSU, Police push tougher enforcement as Lake Victoria accidents rise

    Stakeholders demand tougher enforcement of water safety regulations

    Journalists called to support peace efforts in Karamoja

    Journalists called to support peace efforts in Karamoja

    Two UPDF Generals Arrested Over Corruption

    Two UPDF Generals Arrested Over Corruption

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
  • News
    The Day Africa Stopped Thinking for Itself

    The Day Africa Stopped Thinking for Itself

    Narcotics creeping into schools and homes, CID Boss

    Narcotics creeping into schools and homes, CID Boss

    Crime drops by 10.2% in 2025, Police report

    Crime drops by 10.2% in 2025, Police report

    STASSU, Police push tougher enforcement as Lake Victoria accidents rise

    Stakeholders demand tougher enforcement of water safety regulations

    Journalists called to support peace efforts in Karamoja

    Journalists called to support peace efforts in Karamoja

    Two UPDF Generals Arrested Over Corruption

    Two UPDF Generals Arrested Over Corruption

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
No Result
View All Result
Parrots Media
No Result
View All Result
Home

NAM Spark Concerns over Closure of Small Businesses and Financial Burdens on Citizens

Charles Katabalwa by Charles Katabalwa
January 16, 2024
in RELIGION
0
NAM Spark Concerns over Closure of Small Businesses and Financial Burdens on Citizens
0
SHARES
45
VIEWS
Share on FacebookShare on X

By Tracy Akoragye, 

KAMPALA

READ ALSO

Ugandan Catholic Bishops Begin Ad Limina Pilgrimage in Rome With Mass

Pearl Bank Extends Support to IUIU

The hosting of the NAM Summit and G77+China Summit in Uganda from 15th to 23rd January 2024 at Speke Resort Munyonyo has not been without consequences for the local population.

The forced closure of small businesses along the Entebbe road, including mobile money and food kiosks, has raised concerns about the impact of these international events on local enterprises and citizens’ livelihoods. With many individuals left with no alternative means of income, the situation has created added financial burdens for already struggling Ugandans.

Another issue arising from these summits is the pressure placed on citizens to invest in house painting and renovation. Those unable to afford these changes are facing the closure of their homes. At a time when many Ugandans are already grappling with daily expenses and providing education for their children, such additional costs are exacerbating the financial strain.

The transportation sector has also been affected by the hosting of these events. Transportation costs have increased, and confusion on the roads has arisen due to impromptu warnings and guidelines issued by the internal Organizing Committee of the summits. This has further compounded the challenges faced by citizens in their daily lives.

The Democratic Party has expressed concern over the primary beneficiaries of the summits, pointing out that individuals of substantial wealth seem to be the main recipients.

For example, Sudhir Ruparelia received 85 billion shillings for the construction of a convention center, with funds borrowed for hosting the conferences and purchasing unnecessary items such as new vehicles. This places an unfair financial burden on taxpayers, particularly considering Uganda’s current external debt of over 55 trillion shillings.

The FDC, on the other hand, proposes an alternative approach. Instead of shutting down local businesses, the government should have encouraged Ugandans to stock more items that could be sold to summit visitors. By supporting local entrepreneurs, Uganda could benefit from a more inclusive and mutually beneficial engagement with the international community.

The FDC’s John Kikonyogo calls for a shift in focus towards inclusive benefits for the local population and emphasizes collaboration with local businesses. Instead of imposing additional burdens on the already struggling citizens of Uganda, the government should strive to alleviate their hardships and foster a more equitable environment.

Tags: Financial BailoutFinancial BurdenG77+ ChinaNAMNAM/G77+China SummitSmall BusinessesTracy Akoragye

Related Posts

Ugandan Catholic Bishops Begin Ad Limina Pilgrimage in Rome With Mass
RELIGION

Ugandan Catholic Bishops Begin Ad Limina Pilgrimage in Rome With Mass

March 17, 2026
Pearl Bank Extends Support to IUIU
Business

Pearl Bank Extends Support to IUIU

March 16, 2026
Archbishop Ssemogerere Cancels Besigye Prayer Mass After Museveni Call
RELIGION

Archbishop Ssemogerere Cancels Besigye Prayer Mass After Museveni Call

February 23, 2026
Cleric Faults Judiciary Over Delayed Justice, Urges Release of Detained Ugandans
RELIGION

Cleric Faults Judiciary Over Delayed Justice, Urges Release of Detained Ugandans

February 19, 2026
Catholic Priest Dies During Holy Mass
OBITUARY

Catholic Priest Dies During Holy Mass

February 6, 2026
Shincheonji Church Challenges Government Over ‘Social Harm’ Claims
Religion

Shincheonji Church Challenges Government Over ‘Social Harm’ Claims

January 20, 2026
Next Post

Palestinian ambassador to UN calls on Non-Aligned Movement to pressure Israel to enforce cease-fire

POPULAR NEWS

Catholic Priest Dies During Holy Mass

Catholic Priest Dies During Holy Mass

February 6, 2026
Minister Amongi, Akena Scrapped from EC Voters’ Register Oops

Minister Amongi, Akena Scrapped from EC Voters’ Register Oops

September 3, 2025
Bubangizi SS Student Dies Hours to UACE Exams

Bubangizi SS Student Dies Hours to UACE Exams

November 9, 2025
Catholic Priest Speaks Out Against Museveni and Son’s Leadership

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

February 16, 2025
Men Sucking Women’s Breasts Doesn’t Prevent Cancer, Oncologists

Men Sucking Women’s Breasts Doesn’t Prevent Cancer, Oncologists

October 17, 2025

EDITOR'S PICK

Authorities Ask Government To Expedite Plans To Upgrade Mbarara Hospital To National Referral Hospital

January 21, 2023

Nine confirmed dead after canoe capsized in River Nile

July 11, 2023
NUP Leader, Family Killed in Mukono Road Crash

Three injured in Ishaka–Bushenyi road crash

December 20, 2025

UNBS Boss Paid Shs100m Bribe To Secure His Job

July 20, 2023
VINAStech advert VINAStech advert VINAStech advert
ADVERTISEMENT

About

Parrots Media

A Public Relations and Media Services Company registered and licensed to operate in Uganda and the Great Lakes Region.

Follow us

Categories

  • Business
  • BUSINESS REPORTS
  • CLIMATE ACTION REPORTS
  • Climate Change
  • COMMUNITY REPORTS
  • Education
  • Entertainment
  • FEATURES
  • Health
  • Lifestyle
  • News
  • News
  • OBITUARY
  • Obituary
  • Opinions
  • RELIGION
  • Religion
  • Science and Technology
  • Sports
  • Sports and Entertainment
  • TOURISM

Recent Updates

  • The Day Africa Stopped Thinking for Itself
  • Kyambogo student killed in Bweyogerere crash
  • Narcotics creeping into schools and homes, CID Boss
  • Crime drops by 10.2% in 2025, Police report
March 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Feb    
  • About Us
  • Internship
  • Contact Us

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

No Result
View All Result
  • Parrots Media
  • News
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Lifestyle
  • Others
    • Climate Change
    • Education
    • Religion
    • Opinions

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page