Kampala, Uganda | THE INDEPENDENT | The Uganda Coffee Roasters Association (UCRA) has officially introduced Richard Rugaya of Gorilla Highland Coffee as its newly appointed incoming Executive Director, signalling a decisive shift in the association’s direction. Rugaya steps into the role with a transformative vision outlined in his proposed …
Read More »
Bangkok, Thailand | NEWS CORRESPONDENT | Uganda has offered Thai investors 10-year tax holidays, full foreign ownership of their businesses and unrestricted repatriation of profits, as the East African country tries to attract Southeast Asian capital to its farms, factories, mines and tourism sector. Ugandan officials made the offer …
Read More »
Kampala, Uganda | URN | The Bank of Uganda has attributed the continued depreciation of the Uganda shilling against the US dollar to the ongoing conflict in the Middle East and fluctuations in global coffee prices. A few months ago, the Uganda shilling was trading at around Shillings 3,740 against …
Read More »
Kampala, Uganda | Xinhua | The Ugandan government has urged coffee farmers not to lose heart amid volatility in the global market and adverse weather conditions affecting production. Frank Tumwebaze, minister of agriculture, animal industry and fisheries, said in a statement dated Sunday that the international coffee market had recently …
Read More »
Kampala, Uganda | NEWS CORRESPONDENT | Equity Bank Uganda is exploring expanded commercial credit support for Zigoti Coffee Works Limited as the family-owned company seeks to increase coffee production, value addition and access to new markets. These discussions followed an Equity Bank visit to Zigoti’s farm and processing facilities …
Read More »
Mbale, Uganda | NEWS CORRESPONDENT | The Bugisu Cultural Institution has, in partnership with Operation Wealth Creation (OWC) embarked on a rapid assessment of the Arabica coffee situation on the foothills of Mount Elgon. This is aimed at generating baseline data for the preparation of a strategic investment plan …
Read More »
NEWS ANALYSIS | URN | The Assistant Commissioner for Planning from the Ministry of Agriculture Industry Animal Industry and Fisheries(MAAIF) Colins Amanya has described as an affirmative action programme the injection of 60 billion shillings into the expansion of coffee growing in the Northern region. Amanya told the ongoing negotiations …
Read More »Uganda’s Investment Prospects Strengthen as Oil, Coffee and Industrialisation Drive Growth Kampala, Uganda | NEWS CORRESPONDENT | Uganda’s improving macroeconomic stability, stronger foreign exchange reserves and anticipated oil production are enhancing the country’s prospects as an investment destination, with economic growth expected to accelerate as commercial oil production …
Read More »
UK, London | URN | Ugandan specialty coffee has reached a historic milestone after a coffee auction in London recorded, for the first time, an average price of USD 24.32 (about 90,000 Shillings) per kilogram. The auction, organised by specialty coffee producer Mountain Harvest in partnership with auction house M-Cultivo, …
Read More »
Fort Portal, Uganda | URN | Coffee farmers in Tooro have decided to form Tooro Coffee Cooperative Union to strengthen their bargaining power, improve market access, and increase incomes from coffee farming. The decision was reached during a meeting held at Kalya Courts Hotel in Fort Portal City. The …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
