Uganda’s export earnings, reach all-time high, despite Rwanda conflict
FRENEMIES? Ugandan President, Yoweri Museveni and Rwanda’s Paul Kagame chat in South Africa during the swearing-in ceremony of Cyril Ramaphosa as president of South Africa .
Uganda's export earnings grew by 35% reaching USD1,079.87
million in Q1, 2019, up from USD799.77 million in Q4, 2018.
This is the highest ever, quarterly earnings- as per Bank
of Uganda and Uganda Bureau of Statistics records, dating to 1997.
The record-earnings were boosted by significant growth in
earnings from the Middle East that grew by 82.54%, from USD223.72 million to
USD408.4 millio
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