Chinese Investors Visit Uganda’s Biggest Gold Mine

Nicholas Agaba·Business·

Share
Chinese Investors Visit Uganda’s Biggest Gold Mine

The delegation was accompanied by Uganda’s Ambassador to China, Oliver Wonekha.

Photo: UIA/website

Chinese investors toured Wagagai Gold Mines in Busia, where officials say the project is creating jobs and targeting 1.2 tonnes of gold output each year.

A group of senior Chinese investors has visited Wagagai Gold Mines in eastern Uganda, as interest in the country’s mining sector continues to grow. The mine and refinery are located in Busia District, near the Uganda–Kenya border.

The delegation was accompanied by Uganda’s Ambassador to China, Oliver Wonekha. During the visit on April 17, 2026, officials were taken through the progress of the project since it started operations.

The General Manager, Lee, said the facility is expected to produce about 1.2 tonnes of refined gold each year. He noted that the project is steadily moving forward and positioning itself as a key player in Uganda’s gold industry.

He added that the mine has already created more than 2,000 jobs for Ugandans. Over 700 local workers have also received technical training, helping to build skills in the sector.

Officials said the project is contributing to local development through employment and knowledge transfer. They described the partnership between Uganda and China as beneficial to both sides.

The visit comes as Uganda seeks to attract more foreign investment into its mineral sector to boost growth and increase exports.

Advertisement
Share
Advertisement

Related Articles

More stories you may want to read next.

Posta Uganda Launches Online Marketplace to Boost Tradenews

Posta Uganda Launches Online Marketplace to Boost Trade

The government has introduced Postcom, an online marketplace operated by Posta Uganda, to modernize domestic trade. By leveraging the national postal network for deliveries, the platform aims to empower small businesses and digitize the economy under the supervision of the Uganda Communications Commission.

Parliament Passes Bill Imposing 30% Tax on Second-Hand Clothesbusiness

Parliament Passes Bill Imposing 30% Tax on Second-Hand Clothes

Uganda's Parliament has approved a 30 percent environmental levy on imported second-hand clothes and increased taxes on cement, sugar, and motorcycle registration. While the new laws introduce a tax amnesty for old debts and raise the VAT threshold to Shs300 million to aid small businesses, critics warn the "mivumba" tax will hurt low-income earners.

Advertisement
Advertisement