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Bank of Uganda launches three-year pilot to buy domestic gold for reserves

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest

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Dokolo North MP Ogwal Unveils Millet Revival Drive to Reposition Lango as Northern Uganda’s Production Hub

Dokolo North MP Ogwal Unveils Millet Revival Drive to Reposition Lango as Northern Uganda’s Production Hub

Otafiire+amongi+return+to+oyam+with+your+expired+politics6369642828908690989.Dokolo North MP-elect Joseph Jones Ogwal Addresses Farmers at Baronger village, Amwoma Subcounty, During a Meeting on Revitalising Millet Production in Lango.Addressing farmers on Sunday, April 19, 2026, at

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Namayingo gold rush turns deadly as unsafe pits kill four monthly

Namayingo gold rush turns deadly as unsafe pits kill four monthly

At least four people die monthly in gold mining accidents in Namayingo District, Eastern Uganda as an unregulated rush for the precious minerals draws unemployed youth into unsafe pits.District officials attribute the deaths to crude mining methods, weak enforcement, and sudden shifting

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Directors Face Jail as Uganda Government Investigates 20 Gold Companies: Police & Energy Ministry Inquiring into Alleged Fraud

Directors Face Jail as Uganda Government Investigates 20 Gold Companies: Police & Energy Ministry Inquiring into Alleged Fraud

The chief police publicist Kituma Rusoke has corroborated the Energy Ministry’s Geology & Mining Commissioner Agnes Alaba’s information indicating that a total of not less than 20 private companies involved in gold deals in Uganda are currently being investigated.That the companies

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DR Congo, M23 Rebels Agree on Humanitarian Access, Prisoner Release in Swiss talks

DR Congo, M23 Rebels Agree on Humanitarian Access, Prisoner Release in Swiss talks

MONTREUX, Switzerland: The government of the Democratic Republic of Congo and the Alliance Fleuve Congo/March 23 (AFC/M23) rebel group announced on Saturday they had made “substantial progress” toward a protocol on humanitarian access and judicial protection, committing to rapid aid deliverie

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Parliament Rejects UGX300 Billion Request For Rural Electrification

Parliament Rejects UGX300 Billion Request For Rural Electrification

Parliament has rejected a proposal by the Ministry of Energy and Mineral Development to allocate an additional 300 billion Shillings for rural electrification in the 2026/27 financial year.Presenting the report of the Committee on Natural Resources, Soroti East MP Herbert Ariko urged the g

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US accuses Rwanda of violating DRC peace agreement

US accuses Rwanda of violating DRC peace agreement

FILE President Tshisekedi (L) of DRC and Rwanda's Paul Kagame (C) at Washington DCThe United States government has accused Rwanda of violating the Washington Accord, a peace agreement aimed at ending the decades-long conflict in eastern Democratic Republic of the Congo (DRC).The acc

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Senior Legal Officer Breaks Down Uganda’s Mining Law From Prospecting to Extraction

Senior Legal Officer Breaks Down Uganda’s Mining Law From Prospecting to Extraction

KAMPALA, Uganda – A breakdown of Uganda’s mining law, from prospecting to extraction, shows that mineral development follows a structured licensing sequence, a senior legal officer said.Loyola Rwabose Karobwa, a senior legal officer at the Ministry of Energy and Mineral Development, ou

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Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member Chinese investor delegation exploring joint venture opportunities across the country’s priority ATMS pillars: Agriculture, Tourism, Manufacturing, a

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Uganda’s $500 Billion Dream: Dr. Aisha Ruth Kasolo Rallies MPs to Back Private Sector Revolution

Uganda’s $500 Billion Dream: Dr. Aisha Ruth Kasolo Rallies MPs to Back Private Sector Revolution

A bold vision to transform Uganda into a $500 billion economy has been laid out, with a strong warning that the country risks missing out unless it urgently empowers its private sector.Presenting before National Resistance Movement Members of Parliament at the National Leadership Institute

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