INSIDE STORY: Bank of Uganda moves to purchase gold from Ugandans as exports hit UGX 514 billion in three months
Bank of Uganda Deputy Governor Micheal Atingi- Ego
Ugandans are set to earn big from gold sales as the Bank of Uganda (BOU) initiates a Domestic Gold Purchase Programme which is aimed at building the country’s foreign reserves and minimizing associated risks on reserves investments in the international financial markets.
The gold purchase programme will involve purchasing gold directly from the artisanal and small scale miners, which al
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