Commodities
Uganda should use Makuutu to negotiate up the value chain
Christopher Burke argues that Uganda should use Makuutu’s strategic review to seek commitments on processing, skills and local procurement
Uganda’s trade deficit hits a record as mineral imports more than double
Uganda’s goods trade deficit reached a record $817mn in August as imports of mineral products excluding petroleum more than doubled, Bank of Uganda figures show
Nearly half of Uganda’s gold exports come from firm Bloomberg links to sanctioned network
Bloomberg says Thaba, behind nearly half of Uganda's gold exports, shares suppliers with a sanctioned refinery, a claim Thaba and Alain Goetz deny
Firmer prices cushion fall in Uganda’s August coffee exports
Uganda's coffee exports fell 13.6 per cent in August as the ICO pointed to a record 2024/25 base and the agriculture minister to drought in growing areas
Robusta shortfall drags down Uganda’s July coffee exports
Uganda's coffee exports declined in July as global prices rose, though annual shipment volumes reached a new high
Softer global prices weigh on March coffee export revenues
Uganda posted higher coffee export volumes in March, but revenues declined as global prices eased on improved supply expectations
February coffee exports rise sharply as volumes climb despite softer prices
February coffee shipments increased significantly, with arabica gains offsetting softer prices amid a more favourable global supply outlook
Uganda shilling weakens sharply as oil prices and global risk sentiment shift
Rising oil prices and shifting investor sentiment drive Uganda shilling to weakest level since mid-2024
UN-backed Shs3.7bn initiative targets Uganda’s coffee seed system overhaul
A €850,000 UNIDO-led initiative targets Uganda’s coffee seed systems to boost yields, farmer incomes and export stabilityMore Commodities
Coffee exports down on poor Elgon arabica crop
Coffee exports fell for the second consecutive month in December, with arabica shipments down due to a small crop in the Elgon region and rains that delayed drying of new harvests
November’s wet days slowed coffee drying, causing exports to fall
Uganda exported 4.8 per cent less coffee in November than a year ago as shipments of robusta beans fell due to rains that delayed the drying of newly harvested coffee
Trade deficit gets gold boost
A 96.6% annual increase in goods exports, boosted by gold exports, led to a narrowing of the external trade deficit
Coffee exports cool in October
Uganda's coffee exports grew at the slowest pace in five months in October
Parliament passes law giving government exclusive right to import fuel
MPs said the law will break Uganda's dependence on Kenyan dealers who charge extra fees, leading to higher fuel prices
Uganda refused use of Kenya’s pipeline in Vitol deal
Unoc failed to meet licensing requirements for certain annual petroleum sales in Kenya, operation of five service stations and a depot in Kenya
Merchandise exports surge in September as gold shipments rise
Trade deficit narrows to $296.4bn from $349.7bn the previous month
Vitol deal long overdue response to high Kenyan fuel prices – Museveni
President says Uganda's decision to give Vitol exclusive rights to supply fuel was to eliminate exorbitant fees charged by Kenyan middlemen
Why Uganda is entering exclusive fuel supply deal with Vitol
Uganda's decision to give the Dutch Vitol Group exclusive rights to supply its fuel was prompted by frustration at being kept in the dark about a similar deal between Kenya and two Gulf states
Coffee exports climb 15% in September
A strong robusta crop harvest in the south western-region boosted Uganda's coffee exports by 15% in September