Jewelry, ornaments and women products formed the largest portion of Uganda’s import bill, according to details from a Ministry of Finance report.
It was reported by the Daily Monitor news website, that the Ministry of Finance report for the period ended December 2019, jewelry and ornaments cost Uganda close to $1.3b (Shs4.8 trillion).
This, according to a report seen by Daily Monitor, contributed at least 16.7 per cent of the Shs28.5 trillion total import bill recorded in 2019.
The report classified jewelry and ornaments as natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof, imitation jewelry and coins, among others.
Gold unwrought or in semi-manufactured or in powder form took the largest share of imports in This category, taking up at least Shs4.8 trillion.
The balance – at least Shs3b – was spent on importation of other products such as imitation jewelry, articles of natural or cultured pearls.
Important to note, Uganda spent $2.56m (Shs9.4b) on prepared feathers, articles made of feathers, artificial flowers and human hair for the period under review.