Tag Archives: gold

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has signed a contract with Euro Gold Refinery to supply gold under its Domestic Gold Purchase Programme, marking a shift toward local value addition as the central bank moves to strengthen its reserve base. The agreement follows the central bank’s decision to directly purchase gold …

Kampala, Uganda | URN | Uganda may soon establish mineral markets as part of the efforts to ensure that the minerals produced in the country benefit the economy and Ugandans in general. While the country is endowed with vast mineral resources, including gold, lithium, copper, and rare earths, among others. …

The refinery is expected to deliver fairer prices, transparent trading systems and new market opportunities for thousands of artisanal miners, trading posts, and small- and medium-scale mining operators.   SPECIAL REPORT | BIRD AGENCY | Small-scale miners in the Democratic Republic of Congo are tipped to gain access to a …

Kampala, Uganda | THE INDEPENDENT | Uganda’s economic future is poised between opportunity and caution, according to top officials from the Bank of Uganda and the National Planning Authority (NPA). In a wide-ranging discussion this week, Professor Augustus Nuwagaba, Deputy Governor of the Bank of Uganda, and Dr. Muwawala, Executive …

LIVIGNO, Italy | Xinhua |  Heavy snowfall and strong winds disrupted competition at the Milan-Cortina Winter Olympics in Livigno for days, forcing schedule changes and leaving several events in limbo. For the Chinese delegation, the wait went beyond the weather. Since the opening ceremony on February 6, China went 11 …

Kampala, Uganda | THE INDEPENDENT | Uganda’s gold sector has moved to the centre of the country’s export economy, with earnings hitting a record US$5.8 billion (about Shs21.1 trillion) in the year to November 2025, according to Bank of Uganda data. The surge has cemented gold as Uganda’s leading export …

KAMPALA, UGANDA | Xinhua | Ugandans have showered praise on long-distance runner Jacob Kiplimo after he clinched a historic third consecutive gold medal at the World Athletics Cross Country Championships in Tallahassee, Florida, on Saturday. Kiplimo won the senior men’s 10km title in 28:18, finishing ahead of Ethiopia’s Berihu Aregawi, …

Uganda alone generated roughly US$5.21 billion, approximately 18.23 trillion shillings, from gold exports between Nov 2024 and Oct 2025 Cairo, Egypt | THE INDEPENDENT | Africa is moving to reclaim control over its gold resources as Afreximbank and Egypt’s central bank advance plans for a pan-African bullion institution aimed at …

Gold continued to dominate export receipts, contributing over 40 percent of merchandise exports, although much of this reflected re-exports. Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy in 2025 closed the year on a relatively strong footing, marked by steady growth, low inflation and cautious macroeconomic management, but beneath the …

Mubende, Uganda | THE INDEPENDENT | Europe Gold Refinery, the first fully Ugandan-owned gold refinery founded by Feni Bernard, has received a mining licence in Mubende from the Ministry of Energy and Mineral Development, marking a key milestone in Uganda’s efforts to promote responsible and inclusive gold mining. The licence …