{UAH} services creating dollar volitility

a. Mobile money amounting to more than 2 billion shilling a month (Airtel, MTN)

b. TV subscription by foreign TV companies (azam, startTv,Startsat,DST,zuku, goTv)

c. importation of motor vechicles and spare parts

d. Banks (merchant/Commericial) and Insurance companies investing in TB/ Government Instruments

e. Internet Service which have come with Iphones

f. Petroleum products amounting to over 300 million a month!

g. Super market goods/items imported in from South America, Asia, & South Africa

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Uganda, funny enough can provide all the above services and goods using the existing infrastructure and resources! This will save Uganda more than 15 billion Uganda shillings (about 5 million dollars) monthly or 60 million dollars a year.

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Bwanika Nakyesawa Luwero

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