KAMPALA, Uganda | Xinhua | Uganda’s coffee exports have recorded the highest foreign exchange earnings in 30 years due to improved quantity and quality, a state regulator said Thursday. The country earned 1.14 billion U.S. dollars from coffee exports in fiscal year 2023/2024, up from 846 million dollars in the …
Read More »Export earnings drop by UGX 4.1 Trillion – BoU
Kampala, Uganda | THE INDEPENDENT | Uganda’s export earnings in the twelve months to February 2020 dropped by at least USD 1.1bn (27.2%), equivalent to 4.1 trillion shillings. According to the Bank of Uganda, this has worsened by the country’s trade deficit – a situation when a country’s imports exceed its …
Read More »Maize, sim sim export earnings increase
Kampala, Uganda | THE INDEPENDENT | Maize and sim sim farmers in Uganda are laughing to the bank after the prices of their crops rebounded pushing the country’s export earnings up in August. Maize export earnings were up by 145% in the month of August, bringing in $13m (Shs 48bn) compared …
Read More »Export earnings up by 6% in July
Kampala, Uganda | THE INDEPENDENT | Uganda’s export earnings increased both on an annual and monthly basis in July, a new report from the Ministry of Finance shows. The performance of the economy report for August 2019 shows that export earnings grew by 5.9% from 1.1trillion shillings in June 2019 to …
Read More »Export earnings fall 50% in April
Kampala, Uganda | THE INDEPENDENT | Uganda’s exports earnings fell sharply in the month of April compared to March owing to a drop in gold exports and goods crossing to Rwanda, a Ministry of Finance filing shows. The May 2019 economy performance report shows that export earnings fell by 49.1% …
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