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Tag Archives: gold exports

Gold exports surge, but no revenue benefit, civil society warns

Kampala, Uganda | URN | Civil society organizations have raised concerns that Uganda is deriving limited benefits from its booming gold exports, despite the mineral overtaking coffee as the country’s leading export earner. Magara Siragi Luyima, the Energy and Extractive Industries Coordinator at Oxfam, said gold exports reached approximately USD …

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Uganda gold exports surge again

Kampala, Uganda | THE INDEPENDENT | Uganda earned 590 billion Shillings from gold exports in June 2020, in what looks like a resurgence from a slight slump caused by the coronavirus lockdown. The earnings in June represent a 21 percent jump on the export earnings in May at 462.4 billion …

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Coronavirus disrupts gold exports – Finance

Kampala, Uganda | THE INDEPENDENT | The monthly gold exports dropped to the lowest in March as coronavirus shutdown countries that consume most of Uganda’s gold. According to the Finance Ministry, Uganda’s gold exports fell to 1,199 kilograms in March 2020 down from 1,955 kilograms exported in February. The volume …

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Export earnings fall 50% in April

Kampala, Uganda | THE INDEPENDENT | Uganda’s exports earnings fell sharply in the month of April compared to March owing to a drop in gold exports and goods crossing to Rwanda, a Ministry of Finance filing shows. The May 2019 economy performance report shows that export earnings fell by 49.1% …

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