Uganda, June 16 -- Gold export receipts recovered from a decline it suffered at the end of the 2021 first quarter.
Data from Bank of Uganda indicates that during April, gold earnings stood at $175.61m (Shs623b) up from $155.9m (Shs552b) the commodity earned in March.
This, Bank of Uganda noted, was a recovery of 11 per cent in terms of value with total export volumes standing at 3,187 kilogrammes up from 2,857 kilogrammes in March, which represented a recovery of 10.3 per cent.
United Arab Emirates remains Uganda's biggest gold market, taking up $177.01m worth of gold exports out of the total $179.64m, which was exported during the period.
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