Kampala, Uganda — Tourism remains one of Africa’s most consistent foreign exchange earners, supporting livelihoods, shaping national brands, and connecting local economies to global markets. In Uganda, often celebrated as the “Pearl of Africa,” the sector has gained renewed strategic focus, particularly through government-led efforts to align diplomacy with economic outcomes. A notable shift came with the launch of the …
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Gold Rich, People Poor! The Ugly Truth Behind Uganda’s Gold Boom as Foreign Firms Cash In
Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines. Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold earnings had surged to an estimated $5.2 billion (Shs 18.8 trillion), …
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