Sadolin Paints (U) Limited beat other paint manufacturers in Uganda as it was ranked 26th on the list of 274 top taxpayers at the end of the year 2017, having paid taxes worth about Shs26.3 billion.
Sadolin Paints’ 26th position among the top taxpayers meant it was the number one taxpayers in the local paint industry and is a result of the company’s dominance of the market share over the past decades.
A source from the Uganda Revenue Authority (URA) said Sadolin Paints keeps on earning more revenue because of its quality products that attract customers. “Any business that offers best quality and service will always attract customers and I think that is why Sadolin are doing well in terms of revenue earnings year in year out,” he said.
The official who preferred to remain anonymous said that when companies like Sadolin pay their share of taxes, it helps government deliver services to the population as well as embarking on infrastructure projects like roads and building of schools.
At the relaunch of the company last year Johann Smidt, the director AkzoNobel decorative paints in sub-Saharan Africa, said: “We are delighted to relaunch Uganda’s number one paint brand and once again assure our customers that the brand they love is here to stay. He said the company would continue to offer global standard quality paint that the Ugandan people can enjoy.
The Sadolin brand is owned by the global giant-AkzoNobel. Sadolin was founded by Gunnar Sadolin in 1907 and entered Uganda in 1963 but has been owned by AkzoNobel since 1987.
Sadolin Paints re-launched in September 2017 on the Ugandan market and announced Crown Group, manufacturers of Regal Paints, as their new local partners.
The Sadolin brand has been a household name for many years in Uganda delivering products tagged professionalism, quality and global best practices that the brand enforces.
Sadolin is investing in an advanced manufacturing plant in Namanve Industrial Park worth Shs 10.8 billion to increase production.
Despite paying taxes, Sadolin Paints runs as corporate social responsibility programme where it contributes to community projects and initiatives.
Of recent, Sadolin has contributed about 810 litres of paint to refurbish the Archbishop’s Palace at Namirembe. It has also done the same for Buganda Kingdom’s Masengere Building.
Sadolin has since partnered with a number of non-governmental organisations (NGOs) to refurbish schools and health centers in several parts of Uganda.