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BOU Warned Against Risks Of "Comingled" Gold

16 Apr 2025 · In June 2024, Bank of Uganda begun buying gold from local miners in a bid to boost its foreign reserves. But an expert warns it risks being entangled in the illicit gold trade in the Great Lakes region.

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Gov’t Grants Sino Minerals Permission to Establish Pig Iron Plant in Kabale

12 Apr 2025
10:53

BOU Warned Against Risks Of "Comingled" Gold

16 Apr 2025
17:31

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Mining/Minerals

16 Apr 2025
17:31
17:31
16 Apr 2025

BOU Warned Against Risks Of "Comingled" Gold 4 1 Top story

Mining/Minerals Business and finance
In June 2024, Bank of Uganda begun buying gold from local miners in a bid to boost its foreign reserves. But an expert warns it risks being entangled in the illicit gold trade in the Great Lakes region.
12 Apr 2025
10:53
10:53
12 Apr 2025

Gov’t Grants Sino Minerals Permission to Establish Pig Iron Plant in Kabale 5 2

Mining/Minerals Business and finance
Godfrey Nyakahuma, Kabale Resident District Commissioner, says that the company has been granted permission to establish the plant in Kyaase village, Buhara sub-county, where it already has a crushing plant.
31 Mar 2025
18:57
18:57
31 Mar 2025

Umeme Limited March 1, 2005 — March 31, 2025 UMEME buyout 3 1 Top story

Business and finance Mining/Minerals Science and technology
Umeme says it leaves behind a $700 million revenue business growing at an average of 10%. It however warns that Uganda will run out of power in the next three years if more generation capacity is not built.
30 Mar 2025
17:08
17:08
30 Mar 2025

Formalising Artisanal Miners in Uganda: Much Work Remains artisan mining 2 Top story

Mining/Minerals Karamoja Business and finance
Uganda Radio Network has through interviews with artisan miners, and experts in mining policy and regulation discovered that almost two years since the law was assented to, the formalization of the artisan miners has not gone on as expected.
28 Mar 2025
16:20
16:20
28 Mar 2025

Gold Exploration Company Accused of Illegal Sale of Community Land in Moyo 5

West Nile Mining/Minerals Crime
Simon Avuku, the chief of Metuli chiefdom, said the public within the sub-county was denied access to the profile of the company, such as the license and proof of registration, causing suspicion about the authenticity of the company.
28 Mar 2025
15:11
15:11
28 Mar 2025

Fool’s Gold Taints Uganda’s Mineral Sector 3 1 Top story

Mining/Minerals Crime
Buyers reminded that Uganda is not a cheap supermarket for gold. Criminal networks with connections in the DRC and South Sudan play an increasingly active role in fake-gold scams in Nairobi and Kampala.
25 Mar 2025
07:35
07:35
25 Mar 2025

Amudat: A Perfect Case of Illegal Mining and Smuggling 2 4 Top story

Mining/Minerals Karamoja
Gold mining in Amudat is illegal to the extent that the government does not officially recognize the district in its mineral databases. As a result, the district has never received any revenue from mining activities. The gold extracted from the area is smuggled into Kenya, and this trade is attracting people from as far as Rwanda and Tanzania. Chinese too loom around buying gold and engaging in large-scale illegal mining.

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