Global Seals Uganda Limited has become a strong force in East Africa in the provision of innovative fluid solutions. Uganda, officially the Republic of Uganda is a landlocked country in East-Central Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile basin, and has a varied but generally a modified equatorial climate. Uganda takes its name from the Buganda kingdom, which encompasses a large portion of the south of the country, including the capital Kampala. The people of Uganda were hunter-gatherers until 1,700 to 2,300 years ago, when Bantu-speaking populations migrated to the southern parts of the country.

Beginning in 1894, the area was ruled as a protectorate by the UK, who established administrative law across the territory. Uganda gained independence from the UK on 9 October 1962. The period since then has been marked by violent conflicts, including an 8-year-long far right military dictatorship led by Idi Amin. Additionally, a lengthy civil war against the Lord’s Resistance Army in the Northern Region led by Joseph Kony, has caused hundreds of thousands of casualties.

Economy

The Bank of Uganda is the central bank of Uganda and handles monetary policy along with the printing of the Ugandan shilling. In 2015, Uganda’s economy generated export income from the following merchandise: coffee (US$402.63 million), oil re-exports (US$131.25 million), base metals and products (US$120.00 million), fish (US$117.56 million), maize (US$90.97 million), cement (US$80.13 million), tobacco (US$73.13 million), tea (US$69.94 million), sugar (US$66.43 million), hides and skins (US$62.71 million), cocoa beans (US$55.67 million), beans (US$53.88 million), simsim (US$52.20 million), flowers (US$51.44 million), and other products (US$766.77 million). The country has been experiencing consistent economic growth. In fiscal year 2015–16, Uganda recorded gross domestic product growth of 4.6 percent in real terms and 11.6 percent in nominal terms. This compares to 5.0 percent real growth in fiscal year 2014–15.

The country has largely untapped reserves of both crude oil and natural gas. While agriculture accounted for 56 percent of the economy in 1986, with coffee as its main export, it has now been surpassed by the services sector, which accounted for 52 percent of GDP in 2007. In the 1950s, the British colonial regime encouraged some 500,000 subsistence farmers to join co-operatives. Since 1986, the government (with the support of foreign countries and international agencies) has acted to rehabilitate an economy devastated during the regime of Idi Amin and the subsequent civil war.

Education

At the 2002 census, Uganda had a literacy rate of 66.8 percent (76.8 percent male and 57.7 percent female). Public spending on education was at 5.2 percent of the 2002–2005 GDP

Uganda Office

Plot 8 Luthuli Drive

Bugolobi

P.O Box 220

Ntinda

Kampala

Tel:+256 785 296 994

Email: filbert@globseals.com

Website: www.globseals.com