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Tag Archives: prices

Low vanilla prices worry farmers

Kampala, Uganda | THE INDEPENDENT | The low prices of Vanilla has left farmers and exporters worried. In 2004, vanilla prices fell from about 150,000 shillings a kilogram to 1,000 shillings. This was the worst in the history of vanilla growing, forcing many farmers to cut down the plants and abandon …

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Tea prices drop in greater Bushenyi

Kampala, Uganda | THE INDEPENDENT | Tea farmers in Greater Bushenyi are counting loses following a drop of tea prices by at least Shillings 200 per kilogram. Greater Bushenyi is comprised of Bushenyi, Mitooma, Sheema, Buhweju and Rubirizi districts. John Bomukama, a tea farmer in Bitooma Sub County in Bushenyi district, …

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Qatar Airways cuts prices to woo customers

Kampala, Uganda | THE INDEPENDENT | Middle East carrier, Qatar Airways, is slashing prices by up to a quarter to customers, increasing competition in the aviation industry. The airline announced that it will offer passengers discounts of up to 25 % on all cabin classes. Passengers travelling with friends and …

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Maize flour prices in Kenya on the upward trend

Kampala, Uganda | THE INDEPENDENT | Maize flour prices in Kenya has increased by nearly third to Ksh 115 for the two kilogramme packet since the millers exhausted subsidised flour stocks. The country’s media reports indicate that the top retailers including Uchumi and Tuskys have exhausted the Ksh90 maize flour …

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Kyambadde meets sugar millers over high sugar prices

Kampala, Uganda | GODFREY SSALI | Sugar millers under their umbrella association the Uganda Sugar Millers Association have denied allegations they are hoarding sugar so as to sell it at higher prices. Trade Minister Amelia Kyambadde summoned the sugar millers to a meeting Tuesday 5th December 2017 at the Ministry offices in …

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World Bank expects higher oil prices in 2018

Kampala, Uganda | THE INDEPENDENT | Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing United States shale oil production, according to the World Bank’s Senior Economist John Baffes. …

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SHs5000: Uganda sets maximum price for sugar

Uganda sets sh5,000 as maximum price for sugar; trade licences of hoarders to be revoked Government has intervened to control the escalating price of sugar in Uganda by setting a ceiling price of sh5,000. Addressing a press conference on Friday, Minister of Trade, Industry and Cooperatives Amelia Kyambadde directed that sugar be …

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VIDEO: Uganda sugar price rise explained

VIDEO: The Uganda Sugar Manufacturers Association has attributed the sudden increment in the retail price of sugar to the shortage of sugarcane due to concentration of all manufacturers in one part of Busoga. The concentration has increased competition for canes – leading to most factories producing below capacity. NBS’ Sam Paul …

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