Uganda, Oct. 4 -- The Uganda Chamber of Mines and Petroleum (UMCP) has projected that minerals and related economic activities' contribution to gross domestic product will grow to 10 percent by 2040.
The growth will be more than thrice the current 2.2 percent, supported by several strategic interventions at both exploration and production levels.
The projections come at a time when government has recently banned the exportation of raw minerals, a move that seeks to improve earnings from the sector.
Speaking during the 13th Minerals Conference organised by the Uganda Chamber of Mines and Petroleum, Mr Aggrey Ashaba, the chambers' chairman governing council, said they are working to unlock barriers that stakeholders in the mining sector ...
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