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Uganda is a stunning turist destination with substantial natural resources

Lion in Uganda

Lions in Uganda

Uganda has the best of everything in the Africa, Uganda is a stunning turist destination.

Uganda is home to the highest mountain range in Africa, the Mountains of the Moon in the Rwenzori National Park. It is the source of the mighty Nile, and around Jinja offers the best white-water rafting in the world. It has the highest concentration of primates on earth, including the majestic mountain gorilla, one of the rarest animals on the planet. Head to Bwindi Impenetrable National Park for a chance to get close to these great apes.
On top of all this, the scenery is so striking that it looks like an oil painting, the beautiful national parks see far fewer visitors than in neighbouring Kenya and Tanzania, and the capital, Kampala, is safer and friendlier than most in Africa.

In 1907 pioneering tourist Winston Churchill called it the ‘Pearl of Africa’. He was right. Stability has returned to most parts of the country and tourists are welcomed with open arms (some areas, particularly in the north, remain unsafe for travellers – see more in the Health & Safety section). Despite the trials and tribulations of the past, Ugandans have weathered the storm remarkably well. The people offer heart-warming hospitality up and down the country, their ever-present smile accompanied by ‘Hello Mzungu!’. They are truly some of the finest folk on the continent.

Uganda’s economy: Bureau of Statistics indicates an 8.69 per cent increase in the general exports of both traditional and non-traditional exports. According to Ubos, Uganda recorded $2.3 billion in 2012 compared to $2.1billion posted in 2011.

Uganda has substantial natural resources, including fertile soils, regular rainfall, small deposits of copper, gold, and other minerals, and recently discovered oil. Uganda has never conducted a national minerals survey. Agriculture is the most important sector of the economy, employing over 80% of the work force. Coffee accounts for the bulk of export revenues. Since 1986, the government – with the support of foreign countries and international agencies – has acted to rehabilitate and stabilize the economy by undertaking currency reform, raising producer prices on export crops, increasing prices of petroleum products, and improving civil service wages.
The policy changes are especially aimed at dampening inflation and boosting production and export earnings. Since 1990 economic reforms ushered in an era of solid economic growth based on continued investment in infrastructure, improved incentives for production and exports, lower inflation, better domestic security, and the return of exiled Indian-Ugandan entrepreneurs. Uganda has received about $2 billion in multilateral and bilateral debt relief. In 2007 Uganda received $10 million for a Millennium Challenge Account Threshold Program. The global economic downturn hurt Uganda’s exports; however, Uganda’s GDP growth has largely recovered due to past reforms and sound management of the downturn. Oil revenues and taxes will become a larger source of government funding as oil comes on line in the next few years. Rising food and fuel prices in 2011 led to protests. Instability in South Sudan is a risk for the Ugandan economy because Uganda’s main export partner is Sudan, and Uganda is a key destination for Sudanese refugees.

By: Ahmed Diallo
New York News