Uganda’s gold exports have dramatically increased, reaching an estimated $5.8 billion in 2025 and exceeding coffee as the nation’s top export. However, civil society organizations are warning that this surge in exports is not benefiting the Ugandan economy as expected. Concerns center around a lack of revenue generation despite the substantial volume of gold being shipped abroad. Oxfam’s Energy and Extractive Industries Coordinator, Magara Siragi Luyima, highlighted this disconnect between export value and economic return. The organizations are calling for greater transparency and accountability in the gold export sector. Further details regarding the reasons for this lack of revenue benefit are expected to be released in subsequent reports. This situation raises questions about the management and regulation of Uganda’s gold resources.