Business •
05 Feb '26
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
Business •
27 Jan '26
Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold
Business •
21 Dec '25
Ntungamo—On Friday 19th, the Ministry of Energy and Mineral Development under the Government of Uganda hosted a high-profile Mineral Markets Sensitization Workshop at the newly established Ntungamo Mineral Market Facility, marking a critical step in formalizing the country’s mineral value cha
Business •
21 Jul '25
President Museveni has met with beneficiaries of the Emyooga SACCO initiative in Butabika and Mutungo, Nakawa Division, commending their progress and reaffirming government support for grassroots economic empowerment.The President, accompanied by the First Lady and Minister of Educati
Business •
09 Jun '25
The vast grounds of the Magereza grounds in Arusha, shook to the beat of Uganda’s Crane performers at the Kilifair 2025, an international tourism trade fair, held annually at the foot of Mt. Kilimanjaro, as the Uganda Consulate in Arusha marked its debut participation in the prestigious event w
Business •
05 Jun '25
Kenya has become a key hub for smuggling and resale of gold sourced from South Sudan, Sudan, and the Democratic Republic of Congo, according to a recent report by SwissAid.Over the past decade, Kenya’s role in the illicit gold trade has expanded significantly, with much
Business •
30 Apr '25
State inquiry launched into fraudulent mining deal that duped Dutch investor, exposed systemic abuse in Uganda’s extractive sectorKotido, Uganda – A significant financial scandal involving an alleged UGX 2 billion gold fraud ha
Business •
22 Apr '25
Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advocates Coalition for Development and Environment (ACODE) has said.Despite being rich in minerals, Uganda has failed to tran
Business •
13 Oct '24
The Democratic Republic of Congo (DRC) has protested the US labelling of child labour in mines, with Kinshasa saying the assessment does not take into account the steps taken to improve on the sector’s governance. The reactions this week followed a US Department of Labour’s report th
Business •
08 Oct '24
The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment. Speaking duri