Coffee exports from Uganda, Africa's second-biggest grower of the crop after Ethiopia, climbed 58 per cent in June because of a good new harvest amid high prices, according to the country's Coffee Development Authority. Shipments in the month rose to 370,924 60-kilogramme bags, from 234,956 bags a year earlier, an official who declined to be identified because he isn't authorised to speak for the authority said yesterday by phone from the capital, Kampala. Exports surpassed an earlier target of 265,000 bags and the 253,270 bags shipped in May because of good yields in the western and southern regions, the official said. Farmers in the southern and western regions are harvesting their main crop, while the central and eastern regions are picking a secondary crop whose yields are lower than usual, according to the agency. Exports in the 12 months through September may decline to 2.6 million bags, from an earlier forecast of 3.1 million bags, the authority said April 13. Some 2.67 million bags were shipped last season, according to the authority. Dry spell Article continues below East Africa's third-largest economy after Kenya and Tanzania experienced a dry spell from December to April, which the government blames on climate change. More than 95 per cent of Uganda's crop is grown by small-scale farmers whose plants are predominantly rain-fed, according to the authority.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor