Africa’s leading investment firm Springwood Capital (U) Limited, has commended the Ministry of Energy and Mineral Development (MEMD) embarked for a sensitizing stakeholders on the Mineral Markets and Buying Centres Regulations, 2026 aimed at establishing a structured, transparent, and efficient system for the formation of buying centres, licensing of mineral dealers, and the sale and disposal of minerals, piloting particularly with gold, tin, and gemstones.
Springwood Capital Uganda trades a wide range of mineral commodities, including precious metals, industrial minerals, and energy resources.
According to Mr Jaymin Patel, the managing Director at Springwood Capital Uganda, a committed firm that unlocks Africa’s vast natural resources by focusing on the strategic development of mineral sites and diversified commodities, they are grateful that these regulations are one of the tools to achieve organization, formalization and regulation of mineral trade for high value commodities.
Patel was speaking alongside a workshop, held from May 7th, 2026, at JLM Hotel, Busia, which brought together Government Entities and Agencies, Mineral Dealers and Buyers, Artisanal and Small-Scale Mining (ASM) Associations, Mining Companies, Processors and Refiners, Development Partners and Civil Society Organizations, Financial Institutions, Academia among others.
MEMD Permanent Secretary Eng. Irene. Bateebe in her message delivered by the Acting Commissioner for Mines Agnes Alaba, reassured stakeholders that the government aims to create a balanced operational environment where both miners and investors can thrive under a regulated and fair system.
Springwood Capital Uganda’s expertise spans across the minerals and agricultural sectors, where they prepare high-potential assets for sale. Springwood Capital Uganda’s dual approach allows them to either sell fully developed mineral sites to investors for immediate profit or bank them as strategic assets for long-term capital growth, depending on market conditions, investment strategies and trade a wide range of commodities to deliver maximum value to our investors.
They also provide comprehensive logistics and transport solutions to ensure seamless operations. Their integrated approach maximizes value for our partners and contributes to the sustainable development of Africa.
Their deep market knowledge ensures that they secure the best deals and deliver consistent returns. Springwood Capital Uganda’s agricultural division focuses on the sourcing, trading, and distribution of key agricultural commodities such as avocado for oil, cocoa, coffee, cotton, and grains. The company is known for connecting African producers with global markets, fostering sustainable economic growth..
The Minerals Police Commandant ACP Julius Caesar Tusingwire told stakeholders that the government is committed to offering protection, emphasizing that security agencies are prepared to safeguard legitimate mineral business operations.
According to officials, the draft regulations is aimed at addressing a range of persistent challenges, that affects the sector including : Informal Trade for miners, resulting in exploitation by middlemen and inconsistent pricing mechanism, Lack of transparency making it difficult to track mineral production, ensure fair trade and curb illicit activities such as smuggling, tax evasion, and money laundering, and lost government revenue due to unregulated transactions and undervaluation of mineral exports.
Through these regulations, the government aims to: Establish mineral markets and buying centres, Prescribe the requirements for establishment of the mineral markets and buying Centres, Prescribe the operations of the mineral markets and buying centres.
