Business
Uganda’s Mountain Gorilla coffee goes to KoreaPublish Date: Oct 25, 2012
.
  • mail
  • img

By Daniel Karibwije

Coffee, Uganda’s major foreign exchange earner, accounting for nearly 30% of the country’s foreign currency, now has a foot in the lucrative South Korean market.

With a population of 50 million and a sizeable youthful population tuned to the aroma of coffee, the sky is the limit for quality coffee from the rich soils of Uganda in South Korea.

The recently-concluded International Expo 2012 held in Yeosu, South Korea, saw Beijing Chenao Coffee Co.

(BCCCL), a Uganda-China joint venture, introduce a new coffee brand, Mountain Gorilla Coffee onto the Korean market.

“The Mountain Gorilla Coffee brand, a new instant coffee product, was developed to the tastes and preferences of the people of Asia, especially the Koreans,” said David Kiwanuka, the promotion and marketing co-ordinator of Ugandan coffee in Asia.

Expo goers were given the opportunity to taste the brand prior to buying or placing orders.

“It has an inviting aroma, which led to crowding at the Uganda pavilion,” Kiwanuka said.

The Beijing Chenao Coffee Co. partnered with Rosco Life Co., a local coffee roaster, as a market penetration strategy.

The president of Rosco Life, Kenneth Choi, said he was confident that Uganda’s coffee has a home in South Korea.

“Uganda coffee has a high growth potential due to its intrinsic good quality. With improved quality control measures, the coffee will favourably compete with renowned brands from Colombia, Brazil and Kenya in terms of price and availability throughout the year.”

E-Mart, South Korea’s largest discount chain store, in its recent report said the sales of coffee beans, instant coffee mix and coffee beverages soared 14.7% in the first five months of 2012.

The positive trend is explained by change in lifestyle by the youth, increase of disposable income, and the mushrooming coffee drinking outlets and cafés in the country.

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Government seeks sh200b for roads
The government is seeking sh200b in supplementary budget for on-going road works, the works state minister, Eng. John Byabagambi has revealed.The request arises from the over performance of contractors yet the funds allotted to the works and transport ministry in the 2012/13 FY were absorbed before...
Entebbe Airport departure lounge under review
Civil Aviation Authority (CAA) is redesigning the departure lounge for Entebbe International Airport.CCA has contracted Arch Design consultants to redesign the entire departure area that will enable traveling passengers and the general public using the facility be less inconvenienced by putting in...
Local Government officials lack tax collection skills
Most local government personnel involved in revenue collections lack the necessary skills needed for effective revenue collection, a senior government official has disclosed.Johnson Gumisiriza the senior economist in the Local Government Commission noted that a recent study conducted in several dis...
No tax holidays for investors under EAC
The Government will not offer tax holidays to firms seeking to invest in Uganda as the country joins the rest of East African countries in harmonising taxes in the region.The state minister for the East African Community, Shem Bageine, said because of the harmonisation of taxes across the region, t...
Shilling loses 0.47% in mid-morning trading
The shilling depreciated 0.47% against the greenback as demand continues to outstrip supply, trader’s note that the trend may carry on through the week....
Africa will not succumb to resource curse
A panel of experts has said Africa is set to take advantage of its natural resources for the benefit of its people. This is contrary to the thinking of pessimists who believe the continent will succumb to the resource curse and squander its heritage....
Serbian Milutin 'Micho' Sredojevic is Uganda Cranes' new coach
He will lead Cranes to World Cup 2014
He will lead Cranes to AFCON 2015
He can only win a CECAFA title
follow us
subscribe to our news letter