Uganda spent $209m on gold imports, URA data shows 

goro

Gold remains Uganda’s largest export, contributing 44 percent of the country’s foreign exchange earnings, according to Bank of Uganda. PHOTO | SHUTTERSTOCK

Uganda spent Ush766.89 billion ($209.36 million) on gold imports in 2022, according to data from Uganda Revenue Authority (URA). 

Data contained in the URA May Annual Import Trade Report, 2022 indicates that during the period, Uganda imported unwrought or semi-manufactured gold from Zimbabwe, DR Congo and Tanzania.