The West African nation is shaking up its gold sector with bold reforms aimed at keeping more wealth at home. But can it sustain investor confidence while tightening the screws on foreign miners? SPECIAL REPORT | BIRD AGENCY | Mali is playing a high-stakes game with its gold sector, shaking …
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KAMPALA, UGANDA | THE INDEPENDENT | One of Uganda’s leading mineral experts, Don Bwesigye Binyina has advised the Central Bank to move with caution as it intensifies the purchase of gold from local refineries. In June 2024. Bank of Uganda begun buying gold from local minersin a bid to boost …
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Kampala, Uganda | THE INDEPENDENT | Escalating cases of god scams are undermining revenue collection as well as investments in the mining sector says one of the energy and mining policy experts in country. Bwesigye Don Binyina, the Executive Director of the African Centre for Energy and Mineral Policy (ACEMP) …
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AMUDAT, UGANDA | THE INDEPENDENT | Attracted by the prospects of artisanal gold mining and trade, Janet Nanyama picked up her two children and walked about 100 km across the Kenya-Uganda border. More than a decade later, she has yet to return to her home country. Nanyama hails from Kitale …
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Arua, Uganda | THE INDEPENDENT | If you asked Ugandans, “What is Suriname?” most would likely give incorrect answers. Suriname is a country. Located 9,804 km from Uganda, on the northeastern coast of South America in the Amazon region, Suriname is known for its vast tropical rainforests and widespread illegal gold …
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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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Kampala, Uganda | THE INDEPENDENT | The Ministry of Energy has come up with new measures to regulate the exportation and sale of gold. The measure announced by the Ministry permanent Secretary, Irene Batebe follow growing concerns about discrepancies between gold mined in Uganda and that exported mainly to the United …
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Uganda Still A Safe Haven for Illicit Gold NEWS ANALYSIS | URN | Uganda remains one of the hotbeds for smuggled in Africa according to Swiss organization SwissAid. The organization says apart of the gold smuggled from neighboring countries through Uganda, most of the gold produced by artisan miners in …
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Opaqueness surrounding Uganda’s gold data has not only frustrated UGEITI but also other government agencies like UBOS and URA NEWS ANALYSIS | RONALD MUSOKE | Where does Uganda source the millions of dollars’ worth of gold it exports annually? This question often dominates discussions involving artisanal miners, gold traders, government officials, …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Extractive‘s Industries Transparency Initiative Secretariat (UGEITI Secretariat) has again raised a red flag about the discrepancies in the country’s gold import and exports. UGEITI Secretariat hosted by the Ministry of Finance on Thursday release its report for Fiscal Year 2021/2022. Like in …
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The Independent Uganda: You get the Truth we Pay the Price
