{"id":48747,"date":"2026-10-22T10:57:34","date_gmt":"2026-10-22T08:57:34","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=48747"},"modified":"2026-10-22T10:57:34","modified_gmt":"2026-10-22T08:57:34","slug":"uganda-export-earnings-up-36-in-august-on-higher-gold-receipts","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/uganda-export-earnings-up-36-in-august-on-higher-gold-receipts\/","title":{"rendered":"Uganda export earnings up 36% in August on higher gold receipts"},"content":{"rendered":"<div>Uganda&#8217;s export earnings surged 36% year-on-year in August, helped by a rise in \u200breceipts from shipments of gold and other \u200ccommodities, a Finance Ministry report showed this Thursday.<\/div>\n<div><\/div>\n<div>The country exported goods worth $1.5 billion \u200bin August, up from $1.1 billion a \u200byear ago, the report seen by \u2060<em><span class=\"x_spanWithBackgroundColor\">Reuters<\/span>\u00a0<\/em>on Thursday showed.<\/div>\n<div><\/div>\n<div>In recent years, Uganda \u200bhas emerged as a regional gold processing \u200band trading hub. In August, the country shipped $889 million worth of the precious metal, up 68.9% from \u200blast year, according to the report.<\/div>\n<div><\/div>\n<div>The ministry \u200bsaid &#8220;the anticipated increase of remittances from the Ugandan Diaspora \u200ctowards \u2060the end of 2026,&#8221; combined with the central bank&#8217;s steep policy rate hike was expected to provide immediate support to the \u200blocal currency, \u200bthe shilling.<\/div>\n<div><\/div>\n<div>&#8220;Commencement \u2060of commercial oil production and export will strengthen Uganda&#8217;s foreign \u200bexchange earnings and external position over \u200bthe \u2060medium term,&#8221; the M<span class=\"x_spanWithBackgroundColor\">inistry<\/span>\u00a0said.<\/div>\n<div><\/div>\n<div>Uganda expects to commence commercial production of crude oil early next \u2060year \u200bfrom fields in its \u200bwest near its border with the Democratic Republic of Congo.<\/div>\n<div><\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":42177,"template":"","meta":{"_acf_changed":false,"_members_access_role":[],"_members_access_error":"","_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-48747","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"In recent years, Uganda \u200bhas emerged as a regional gold processing \u200band trading hub.","published_date":"","news_description":"In recent years, Uganda \u200bhas emerged as a regional gold processing \u200band trading hub.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/48747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/48747\/revisions"}],"predecessor-version":[{"id":48749,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/48747\/revisions\/48749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/42177"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=48747"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=48747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}