Market Information
latest market news and reviews
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Cocoa regulator in Ivory Coast puts halt to coops hoarding beans for sale at higher prices
ABIDJAN, May 21, 2024 – The Coffee and Cocoa Council [CCC] of Cote d’Ivoire has temporarily halted the operations of about 40 cooperatives suspected of unlawfully stockpiling cocoa beans to sell them…
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Tourism is back to pre-pandemic levels, but challenges remain, study says
KAMPALA, May 21, 2024 – International tourist arrivals and the travel and tourism sector’s contribution to global gross domestic product [GDP] are expected to return to pre-pandemic levels this year, driven by…
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Uganda’s export receipts rose 0.2 percent in March 2024
KAMPALA, May 20, 2024 – During March 2024, Uganda’s exports increased from US$ 633 million in February to USD 634.43mln, representing a 0.2 percent growth rate, according to the Performance of the…
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Uganda’s coffee exports hit Shs 1 billion mark in one year
KAMPALA, May 15, 2024 – Uganda’s coffee exports for the twelve months [May 2023-April 2024] rose by 3.38 percent to 5.92 million bags, earning the country the much-needed revenue of US$ 1.02…
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Trident Energy’s Republic of Congo oil field acquisition lauded as key step forward
JOHANNESBURG, April 28, 2024 – Oil and gas company Trident Energy has secured agreements with multinational energy companies Chevron and TotalEnergies to obtain stakes in the Republic of Congo’s oil fields. The…
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Bundibugyo cocoa farmers reap big as prices shoot up
BUNDIBUGYO, April 26, 2024 – Cocoa farmers in Bundibugyo district are reaping big from the crop as prices rise to between Shs 25,000 to Shs 31,000 per kilogramme which farmers say has…
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Kinyara Sugar Limited uses MDD in schools to fight cane fires, others
MASINDI, April 23, 2024 – As one of the ways to combat sugarcane fires, cane stealing, and poaching in Masindi district, Kinyara Sugar Limited has embarked on sensitising the community through music,…
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Soroti City farmers trained on how to form marketing associations
SOROTI, April 20, 2024 – In a bid to boost collective marketing of produce, and avoid middlemen, farmers in Soroti City have been trained to form marketing associations. The training of the…
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Global coffee exports up 9.5 percent in February 2024
KAMPALA, April 5, 2024 – Global green bean exports in February 2024 amounted to 10.43 million bags, as compared with 9.52mln bags in the same month of the previous year, up 9.5…
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Bunyoro queen urges women to form cooperatives to benefit from oil and gas sector
KIKUUBE, April 4, 2024 – The Queen of Bunyoro Kitara Kingdom Omugo Margaret Karunga Andyeeri has challenged women in her kingdom to form cooperatives if they are to get contracted by the…
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