Tuesday, June 28, 2011

Luxury car imports drop in Uganda

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By Patrick Kagenda

While car imports and sales increased in neighbouring Kenya, the story is quite different in Uganda. According to the tax body the Uganda Revenue Authority (URA) there is a noticeable drop in car importation in the country. Despite Uganda registering
growth and a growing middle class, demand for cars from private enterprises and wealthy individuals is on the decline.

Although the country registered strong economic recovery that began last year, as the global economic

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