|
Among the long list of reasons cited by those in-the-know for doing business in
Uganda:
- Uganda has been able to achieve macro-economic stability,
compared to the uncertainty that is rife in many other regions of the world.
- Inflation has been in single-digits for more than ten years,
down from a record high of 240% in 1988.
- Stable annual economic growth averaging 6% per annum
- Stable annual economic growth averaging 6% per annum
- Market-driven exchange rates
- No restrictions on 100% foreign ownership of investments
and no barriers to remittance of dividends
- Uganda’s shilling is fully convertible and has remained
stable over the last years.
- The country is one of only five countries in Africa that
have no restrictions on capital amount transfers.
- The environment for private sector investment has improved
significantly with the formal economy growing in importance.
Uganda today has a solid peoples’ parliament and a self-determining judiciary.
Together, these institutions have been able to guarantee stability, providing investors
with a high degree of certainty for their future planning. ‘Africa’s
Friendliest Country’
Uganda is extremely proud of its reputation as ‘Africa’s Friendliest
Country’. The country’s prestigious status is widely associated with
its tradition of warm hospitality, a very low crime rate, eco-friendly policies,
and its promotion of women’s rights. The climate, too, is extremely agreeable.
Have Fun, Too!
While Uganda is a great place to work, it also offers more than its fair share of
fun-time activities.
Apart from terrific restaurants, pubs, nightclubs and casinos – as well as
a host of sporting and generally ‘regular’ pursuits, such as cinemas
and golf courses, - Uganda offers a slew of leisure activities off-the-beaten-track,
both literally and figuratively speaking.
The beautiful island-speckled Lake Victoria region underscores the country’s
attraction as a favourite safari destination. Centuries-old botanical gardens abound
with a vast array of primates and colourful tropical birds. Take time to travel
across tropical channels teeming with hippo and crocodiles before setting off into
the magnificent mountains to get phenomenal views of mountain gorillas.
Where else but in this incredibly verdant country can you observe lions prowling
the open plains and chase chimpanzees through the rainforest all in the same day?
Uganda is famed as the only safari destination whose range of forest primates is
as remarkable as its selection of antelope.
In fact, Uganda ranks among the top ten countries in the world in terms of the variety
of its mammal groups. By comparison with the UK, for instance, Uganda supports “five
times more bird species, six times as many mammals, ten times as many reptiles and
amphibians, and three times the number of plant species.”
The country offers exceptional diversity - combining some of the best qualities
that the continent has to offer. Uganda provides contrasting features, ranging from
extensive plains to snow-capped mountains; breathtaking waterfalls to winding rivers;
and fantastic flora and fauna.
All-in-all, the country is phenomenal.
So, if you like the sound of big money opportunities, exotic adventures and a fantastically
unique experience – set your sights on Uganda!
|