As the price of rare earth minerals soar to record levels, Uganda, which is not just resource-rich but equally surrounded by resource-rich countries, finds itself facing exceptionally difficult circumstances. The spectre of money laundering continues to loom suffocatingly large as the second National Risk Assessment report of the Financial Intelligence Authority (FIA) shows.
For a country that does not do deep shaft mining, the figures that the country’s mining business commands have left observers belligerently posing questions. In this month’s Explainer, we pose one question of our own, Can Uganda’s mining sector get back its lost innocence?
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