Time For Kids Around The World Essay

According to Time For Kids Around The World, Uganda’s history traces back to 500 B.C., when it was established by Bantu-speaking people who first named it Buganda (Time For Kids Around The World, 2015). It was not even called Uganda until 2,394 years after its formation when the British seized it in 1894 (Time For Kids Around The World, 2015). Uganda is located in the Eastern region of Africa and filled with all types of water sources. Some of these include Lake Victoria (the largest lake in Africa) and the Victoria Nile (once thought to be the mouth of the Nile River) (Our Africa, 2015). The country shares its border with Kenya, Rwanda, Tanzania, South Sudan, and the Democratic Republic of Congo. It covers 236,040 square miles, one fifth of

Of that 17.4 million, roughly 80% are employed in Uganda’s most prominent and thriving industry: agriculture (Central Intelligence Agency, 2014). However, most of the people who are employed in the agricultural sector are not as thriving as its industry. Actually, most of them are poor (Uganda High Commission, 2009). According to The World Factbook, 24.5% of Uganda’s population is below the poverty line and compared to affluent countries, Uganda’s middle class is considered to be impoverished (Central Intelligence Agency,

The highest rate Uganda has faced was 13.53% in 1994 and its lowest was 5.38% in 2004 (Uganda- Tariff Rate, 2011). Per Doing Business in Uganda: 2011 Commercial Guide for U.S. Companies, completed products imported from the United States (U.S.) usually carry a 25% tariff, imported goods still in process usually carry a 10% tariff, and imported most raw materials are tariff-free (United States of America Department of Commerce, 2010). According to Doing Business in Uganda: 2011 Commercial Guide for U.S. Companies, U.S. firms must register, obtain a license, complete immigration, tax and customs forms, and must get any permits and sub-licenses by the Uganda Investment Authority (UIA). Also, in order for suppliers and exporters of “military products” in the U.S. to export weapons to Uganda, per the Ugandan Constitution, they must get a license from the United States State Department (United States of America Department of Commerce, 2010). Pornographic materials, used vehicle tires, used computers and appliances, and “imports banned under international agreements to which Uganda is signatory” are not allowed to be imported (United States of America Department of Commerce,