Kampala — Gold in 2015/16 became Uganda's second largest export product after coffee but the royalties paid to government don't seem to reflect that growth. Uganda exported gold valued almost Shs700 billion or about 5,316kgs in 2015/16 according to statistics from Bank of Uganda (BoU).
However, in the Auditor General's report for 2015/16, there was collection royalty, yet exports were much higher. In fact, the royalties collected were only Shs360m instead of Shs41.88 billion.
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