News

The first large-scale gold mine in Uganda has opened, marking a significant step towards the country's goal of becoming a key ...
Last year Uganda raised $3.4 billion from gold exports, according to central bank data, about 37% of the country’s total ...
President Yoweri Museveni has launched the Wagagai Gold Mining Project in Busia, alongside Chinese investors, and proposed ...
Uganda inaugurates its first large-scale gold mine, the $250 million Wagagai project. • Wagagai expects to produce 1.2 tonnes of gold annually, vastly surpassing Uganda’s 2023 total output. • The gold ...
Much of the mineral wealth never reaches communities—or even the national treasury. Instead, it quietly leaks away through ...
Uganda will use the revenue generated by exporting gold to develop assets such as power stations and the country's railway ...
Mr Gbillah Mark Terseer was alleged conned out of money by the suspects at Muyenga, Makindye Division in Kampala City ...
Analysis - Uganda bets on ICGLR's mineral certification mechanism as it battles for legitimacy in the global gold market ...
Gold is now Uganda's second leading export commodity, after coffee. The value of gold exports rose to $204 million in the 2015/16 financial year, up from $250,000 in 2013/14, according to ...
Uganda is not famed for its gold reserves. But since 2016, gold exports have rocketed in the East African country. According to official data, gold worth $514m was shipped out of Uganda last year ...
Gold from other countries that is officially re-exported from Uganda used to be subjected to a tax of 0.5 per cent of its declared value. However, this tax was increased to one per cent in 2013.