• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
Advertisement
  • Home
  • News
    • National
    • Politics
    • World News
    • Sports
      • Football
      • Motorsport
  • Business
    • Agriculture
    • Finance
    • RealEstate
    • Technology
  • Op-Ed
  • Entertainment
    • Lifestyle
    • Showbiz
    • Big Brother Naija Dairy
  • People
    • Entrepreneurs
    • Stars
    • Politicians
  • Special Report
    • Education
  • Travel
  • Video
  • Luganda
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Sports
      • Football
      • Motorsport
  • Business
    • Agriculture
    • Finance
    • RealEstate
    • Technology
  • Op-Ed
  • Entertainment
    • Lifestyle
    • Showbiz
    • Big Brother Naija Dairy
  • People
    • Entrepreneurs
    • Stars
    • Politicians
  • Special Report
    • Education
  • Travel
  • Video
  • Luganda
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Museveni commissions East Africa’s largest Gold Refinery

Mulema Najib by Mulema Najib
5 years ago
in News
1 0

Warning: Trying to access array offset on value of type bool in /home/90/81/2028190/web/wp-content/themes/jnews/class/Image/ImageNormalLoad.php on line 70

Warning: Trying to access array offset on value of type bool in /home/90/81/2028190/web/wp-content/themes/jnews/class/Image/ImageNormalLoad.php on line 73
ShareTweetSendShare

President Yoweri Kaguta Museveni on Monday commissioned a newly constructed state of the art African Gold Refinery (AGR) in Entebbe, Wakiso District.

“I highly commend the management of AGR limited for bringing the company to Uganda. Africa produces a lot of gold but has so far attracted less of the same industries. I am calling on Africans to wake up and utilize the untapped potential,” President Museveni said.

His Excellency urged government officials to get rid of wrong policies such as taxes on prospective investors if the mineral sector industry is to get a shot in the arm.

The African Gold Refinery (AGR) has made a capital investment of 20M US dollars, directly employing 75 Ugandans, with capacity of 300,000kg of pure refined gold and ton, in a week and month respectively. AGR is the first high – capacity gold refinery of its kind in Sub-Saharan Africa, with a primary focus on processing gold and silver. The refinery will majorly cater for the mining industry of East Africa.

Mr. Museveni concluded: “I welcome the gold investors in the country and I urge them to also attract more investors especially in the area of processing. I strongly advise government officials against frustrating these investors (manufacturers and processors), as they will be dealt with harshly.”

 


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

ShareTweetSendShare

Related Posts

Bobi Wine and Mao
News

Tough times for DP as more of its members defect to NUP

26th June 2022 at 18:02
kungu Al-Mahadi Adam
News

KUNGU AL-MAHADI ADAM : Museveni’s heroic welcome in Kigali brushes-off Kagame’s accusations against Uganda

26th June 2022 at 16:59
Uganda Airlines aircraft at Entebbe Int. Airport; Online Photo
Business

Do you have the necessary requirements? Lucrative job opportunity up for grabs at Uganda Airlines 

26th June 2022 at 14:40
Next Post

NRM declines Museveni, Besigye dialogue claims, pins false reports on media

Follow us on Facebook

Trending Posts

  • Gidion Tugume nga ayogerako eri bannamawulire e Lubaga

    Enkolagana yaffe ne People Power ekomye awo, NUP ya Kibalama etongozza offiisi empya e Lubaga

    33 shares
    Share 13 Tweet 8
  • MK Publishers Proprietor Majwega dies from USA where he had gone to attend daughter’s graduation ceremony

    30 shares
    Share 12 Tweet 8
  • Multiple-organ failure! 14 year old student allegedly vaccinated against Covid-19 fighting for dear life at Kiruddu Hospital

    316 shares
    Share 126 Tweet 79
  • Businessman Sudhir puts his magnificent One-10 Apartments up for sale

    23 shares
    Share 9 Tweet 6
  • Days after graduating with a fake degree, Pastor Bugingo consoles himself with brand new monster ride

    43 shares
    Share 17 Tweet 11

Follow us on Twitter

Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Plot 23, Yusuf Lule Road
PO Box 7661 Kampala, Uganda
Office Line: +256 777 286 815
Email: editorial@watchdoguganda.com
To Advertise:Click here

Follow us on Twitter

Follow us on Facebook

© 2022 Watchdog Uganda

No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Sports
      • Football
      • Motorsport
  • Business
    • Agriculture
    • Finance
    • RealEstate
    • Technology
  • Op-Ed
  • Entertainment
    • Lifestyle
    • Showbiz
    • Big Brother Naija Dairy
  • People
    • Entrepreneurs
    • Stars
    • Politicians
  • Special Report
    • Education
  • Travel
  • Video
  • Luganda

© 2022 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Posting....