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Uganda is located in the heart of Sub-Saharan Africa and lies astride the Equator. The total area of the country is about 241,000 square kilometres of which about 44,000 are covered by fresh water bodes. Uganda is a country strategically positioned within East and Central Africa, a region that includes some of Africa's most economically important and resource rich countries with a substantial market and great future potential. The country is land-locked and borders the Sudan to the north, the Democratic Republic of Congo to the west, Kenya to the east, and Tanzania and Rwanda to the south. For the visitor, Uganda offers exceptional diversity combining some of the best features that Africa has to offer. The country lies at the overlap between the tropical East African Savannah and the West African rain-forest zones. It is a country blessed with contrasting physical features ranging from extensive plains with undulating hills to snow-capped mountains, waterfalls, meandering rivers and spectacular flora and fauna. Seven of Africa's plant kingdoms are represented in Uganda, which is more than any other country on the continent. In addition, Uganda ranks among the top ten in the world in terms of the diversity of its mammal groups. For example, by comparison with the UK, 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. Uganda is also source of the Great River Nile and Africa's largest fresh water lake, the Lake Victoria. Such is Uganda's potential in Africa that the former British Premier, Sir Winston Churchill after his many journeys across the length and width of the African continent, concluded that the country (Uganda) was indeed the Pearl of Africa. His verdict did not only describe the wealth of Uganda's resources, but also the peaceful environment and social system in which the people of Uganda lived. Uganda welcomes you. For more information on Tourist attractions in Uganda click here; Uganda Country Data
INVESTING IN UGANDA The Uganda Government's economic strategy is to modernize the economy through relying on markets and the efforts of entrepreneurs as the basis for efficient and productive economic activity. Government's major role in Uganda's private sector driven economy is mainly to provide the necessary legal policy and physical infrastructure for private investment to flourish. This strategy endorsed by the World Bank, other donors and the private sector is already showing results as witnessed by the country's strong economic performance in the last ten years. The Investment Code Established in 1991, the Code aims at providing conditions that are more favorable for investment. The Code requires that foreign investors have an investment licence to operate a business in Uganda, and provides for certain incentives to investors. Limitations on Foreign Investment The Code allows foreign investors to invest in all fields except those, which compromise national security and ownership of land. Regarding land, foreign investors may, however, lease land for up to 99 years. Foreign investors can also participate in joint ventures involving the outright purchase of agricultural land. For such cases, Ugandans must hold the majority stake. Aside from this limitation, Uganda imposes no limitations whatsoever, on foreign investors. 100% foreign ownership of investments in the country is allowed. Foreign investors are also free to bring in and take their capital out of Uganda with no restrictions. for more information on how to invest in Uganda click here;
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