“Tourism – the neglected goldmine” under serious threat

“Tourism – the neglected goldmine” under serious threat

taken from the New Vision: September 20th 2013

http://www.newvision.co.ug/news/647430-discover-the-neglected-goldmine.html

“Uganda is sitting on a gold mine. It is not gold, it is not even the confirmed 3.5 billion barrels of crude oil. It is tourism. The numbers  affirm and tell an even better story. Tourism earnings jumped by 22% in 2011 with the country raking in $832 million, up from $662 million  in 2010.”

“This is almost double the $449 million that the country earned from coffee, Uganda’s top foeign exchange earner for decades. For three years  now, Uganda has been at the helm of global acclaim and recognition for its abundant tourism blessings.”

“Tourism has one of the largest impacts on the economy, with a single dollar spend resulting  into foreign exchange earnings, employment, tax and direct investment.”

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