Gold

CommoditiesEconomyTrade

Merchandise trade deficit slows down on stronger exports

Goods trade exports rose at their fastest rate in 14 months in April, offsetting a surge in goods imports and slowing down the growth of Uganda's merchandise trade deficit
A cargo ship docked at the port of Mombasa on Kenya's Indian Ocean Coast, as workers prepare to load it
EconomyTrade

Goods trade gap falls to near three-year low

Uganda's merchandise trade deficit with the rest of the world fell to its lowest level in 35 months in January, helped by a sharp drop in imports of unrefined gold
People crossing the border from the Democratic Republic of the Congo into Bunagana, in the south-west of Uganda.
CommoditiesEconomyTrade

Trade deficit gets gold boost

A 96.6% annual increase in goods exports, boosted by gold exports, led to a narrowing of the external trade deficit
Entebbe International Airport, Uganda's sole international airport
CommoditiesEconomyTrade

Merchandise exports surge in September as gold shipments rise

Trade deficit narrows to $296.4bn from $349.7bn the previous month
A cargo ship docked at the port of Mombasa on Kenya's Indian Ocean Coast, as workers prepare to load it
CommoditiesEconomy

Trade deficit narrows on higher gold exports

Increase in gold exports in July allowed outbound merchandise to outpace a gain in goods imports
Containers at Mombasa Port in Kenya
Commodities

Coffee exports rise, spurred by higher robusta prices

Strong Robusta prices drive Uganda's July coffee exports to their highest levels since August 2021
Coffee berries on plant
Politics & Policy

US sanctions Ugandan refinery over illicit gold trade

The United States has sanctioned a network of companies controlled by Alain Goetz, a Belgian businessman who owns a gold refinery in Uganda, for participating in the illicit trade of gold from the Democratic Republic of Congo
A group of people looking at gold bars
Economy

Trade deficit narrows in December

The Uganda merchandise trade deficit narrowed for the second consecutive month in December as gold imports and exports recorded steep declines
Export containers at a port.
Economy

Exports rise most in 2 years in 2019 on surge in gold shipments

Uganda's export growth rose to a two-year high last year as a surge in gold shipments helped shake off the effects of a border crisis with Rwanda, preliminary data show
Shipping containers on a container ship
CommoditiesPolitics & Policy

UN report links Uganda to smuggled DRC gold, says exports are underdeclared

Uganda, Rwanda, and Burundi are the main transit routes of gold smuggled from the eastern Democratic Republic of Congo to Dubai, according to a new United Nations report
Houses can be seen in the distance on the other side of Lake Kivu in Bukavu, Democratic Republic of Congo. It is a verdant, lovely scene that belies the country's turbulent recent history, particularly in this region — the eastern part close to Rwanda and Uganda.
12 Next