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Tag Archives: mineral

Mineral production jumps 87% as extractive revenues rise 25%

Kampala, Uganda | URN | Uganda’s mineral production value almost doubled to 464.7 billion shillings in the financial year 2023/24, even as the extractive sector’s contribution to the economy declined. The fifth Uganda Extractive Industries Transparency Initiative (UGEITI) Report. The report shows that the sector’s contribution to Gross Domestic Product …

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Unpaid gold export levies, mineral rent fees undermine mining sector

Kampala, Uganda | THE INDEPENDENT | Auditor General Edward Akolhas revealed serious gaps in the management of Uganda’s mining sector, with millions in export levies and mineral rent fees remaining unpaid. This he notes undermines both regulatory frameworks and the country’s ability to collect critical revenue. The report recently submitted …

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BUDGET2024/2025: Agro-industralisation, tourism and mineral devt to propel economy’s expansion

Kampala, Uganda | THE INDEPENDENT | Uganda’s growth strategy for the 2024/2025 Financial Year is anchored on agro-industrialisation, tourism development, mineral development including oil and gas, and technology and innovation, the Minister of Finance, Planning and Economic Development, Matia Kasaija has said. “These are the anchors that are going to propel …

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Uganda set for 12th Mineral Wealth Conference

Kampala, Uganda | THE INDEPENDENT | The 12th Annual Mineral Wealth Conference is set to take place from October 30-31 at Kampala Serena Hotel. This year’s conference is being held under the theme; “Creating a Viable and Feasible Roadmap for Uganda’s Mineral Sector to Contribute to Economic Transformation.” Organized by …

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