LOUIS COMMUNICATION OFFICE
SYOGM Headquarter, Kyebando, Kampala, Uganda
LCO POLICY LETTER OF 9 OCTOBER 2023
PIZZA RULE FOR GOLD DEALS IN UGANDA
In the realm of gold dealings with Jean Louis and our company in
Kampala, a peculiar rule has emerged, known as the "Pizza Rule." This
rule pertains to individuals from outside the country who express a
desire to arrange a meeting but often fail to follow through on their
commitments.
Drawing inspiration from European business practices where lunch
meetings are a common precursor to successful partnerships, we have
adopted a unique approach to weed out unreliable prospects in the gold
trade.
Henceforth, any prospective businessperson who wishes to engage in a
deal with us must adhere to the Pizza Rule. This rule stipulates that
in the event of a failed meeting or if not even a single gram of gold
has been brought to our offices for purchase, the outside party shall
reserve an amount equivalent to 120,000 Ugs or approximately US
$35. Consider it a gentleman's agreement, serving as a symbolic
gesture to demonstrate their commitment to the proposed deal.
Moreover, to further emphasize our commitment to efficient and serious
business dealings, we require that the reserved amount be sent to us
immediately after the meeting has failed or in the case where a local
seller fails to bring even 10 grams of gold to our offices. This
requirement ensures that any inconveniences or time wasted in such
situations are properly acknowledged and compensated for.
By implementing the Pizza Rule and establishing the 10-gram gold
prerequisite, we strive to ensure that only serious and committed
individuals enter into business dealings with us. We value efficiency
and effective communication, and this approach helps us streamline the
gold procurement process while minimizing wasted time and resources.
So, if you're ready to join us on this golden adventure in Uganda,
let's abide by the *Pizza Rule* and pave the way for successful gold
transactions. Bon appétit and happy dealing!
Jean M. Louis
Business Planner
Related pages
- The Gold Trade in East Africa: Understanding the Market and Approach
The gold trade in East Africa is booming, with ample opportunities for business deals. However, foreign traders often struggle to navigate the market due to differences in mentality and approach. In this article, we will explore the key factors that gold traders need to understand in order to succeed in this region.