Gold

CommoditiesPolitics & Policy

Venezuelan gold behind Uganda’s best ever monthly exports

In March, Uganda's merchandise exports surged to $604.4mn from $296.3mn in the previous month, driven by a jump in gold exports to their highest level ever
Ugandan President Yoweri Museveni, Irene Muloni, minister for energy and minerals development (right), AGR Business Development Manager Alphonse Katerebe (centre) and two unidentified people stand near gold flakes and ingots at the African Gold Refinery in Entebbe on 20 February 2017. Alain Goetz, the Belgian owner of the refinery, stands next to Mr Museveni, and is partially obscured from view. The refinery was officially launched on 20 February 2017, and is Uganda's first official gold refinery. Uganda's locally mined gold is negligible, but the country is a transit point for gold exports from the neighbouring Democratic Republic of Congo, which has large reserves, and Tanzania, one of Africa's largest gold producers.
Economy

Uganda’s trade deficit hits four-month low in May

Uganda's merchandise trade deficit eased to its lowest in four months in May following a fall in government project imports and a bump in outward shipments
Export containers at a port.
Economy

Coffee exports recover in May

An increase in robusta bean harvests pushed up Uganda's coffee exports in May compared to the previous month when the quantity of bags exported fell to its lowest since October 2016
Branches of a Coffee Tree
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