WebMbale Industrial and Business Park Tel: +256-454-432-887 [email protected] P.O. Box 7418 Kampala, Uganda. Recent posts. UIA issues investment license to East Af... WebOct 12, 2024 · With the refinery and a favourable tax regime, more gold came – especially from neighbouring countries – but gold exported through Uganda has come from as far as South America. For instance, 7.6tn of gold worth $300m from Venezuela ended up in Uganda in 2024.
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WebJun 26, 2024 · Russian investors backed the first gold refinery in Uganda more than ten years ago. Read More: Russia is inventing Gold-backed ‘stablecoins’ in a game-changing move. The refinery, established by Russian-owned Victoria Gold Star Limited, has a capacity to process 1.2 tonnes of raw gold per month, the company’s managing director … WebFeb 15, 2024 · A recent report by the auditor general released in January shows Uganda exported gold worth USh6.9trn (roughly $1.9bn) as per the current exchange rate in the financial year when the central bank had no data. Instead, tax evasion and sanctioning of gold dealers are pushing the lucrative trade under the radar, analysts and traders tell … parking spot width
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WebMay 23, 2024 · Uganda, too, used to tax gold exports, but in 2014 Uganda’s president, Yoweri Museveni, waived the tax. In 2015 Belgian investors spent $15m building African Gold Refinery after being assured … Web9 hours ago · Accused of refining gold originating from conflict zones in eastern DRC on an industrial scale in Uganda, Alain Goetz is fighting back through the courts. Now based in … Web9 hours ago · Accused of refining gold originating from conflict zones in eastern DRC on an industrial scale in Uganda, Alain Goetz is fighting back through the courts. Now based in Dubai, the founder of African Gold Refinery (AGR), the company that controlled the refinery in Entebbe and of which he was CEO until November 2024, is contesting the … tim hooton trumpet