Uganda invests in large-scale mining in Busia district after discovery of gold valued at $12 trillion
The discovery of gold valued at approximately $12 trillion, positions Uganda as a potential major player in the global gold market. The deposits are primarily located in the Karamoja region, which has historically been underdeveloped.
Kenya and Uganda revisit urgency of standard gauge railway during trade talks
The MOU also include extension of the standard gauge railway to Malaba, removing quotas and duties on goods originating in the two countries such as poultry and poultry products, dairy and dairy products, sugar, juices, pishori rice and furniture.