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Politics & Policy
US sanctions Ugandan refinery over illicit gold trade
The United States has sanctioned a network of companies controlled by Alain Goetz, a Belgian businessman who owns a gold refinery in Uganda, for participating in the illicit trade of gold from the Democratic Republic of Congo
March 21, 2022
Politics & Policy
UN report links Uganda to smuggled DRC gold, says exports are underdeclared
Uganda, Rwanda and Burundi are the main transit routes of gold smuggled from the eastern Democratic Republic of Congo to Dubai, according to a new United Nations report
June 20, 2019
Politics & Policy
Venezuelan gold behind Uganda’s best ever monthly exports
In March, Uganda's merchandise exports rose sharply to $604.4m up from $296.3m the previous month. The surge was due to a spike in gold exports to their highest level ever — most of that gold was sneaked in from Venezuela
June 19, 2019