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Uganda's gold exports overtake coffee earnings

Gold bars
Gold Bars [PHOTO:GETTY IMAGES]

KAMPALA, UGANDA: Uganda’s gold exports jumped 23 per cent last year compared to 2017, for the first time overtaking coffee as the East African country’s top foreign exchange earner, data from the central bank showed on Tuesday.

The central Bank of Uganda said the country exported gold worth USD514 million last year, compared to USD418 million earned in 2017.

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