Kaweri to invest $10m into Mubende coffee
KAWERI Coffee Plantation Limited (KCPL), licensed by the Uganda Investment Authority (UIA) in 2001, is planting 2500 hectares of coffee and investing US$10m at Kaweri in Mubende district.
By David Muwanga
KAWERI Coffee Plantation Limited (KCPL), licensed by the Uganda Investment Authority (UIA) in 2001, is planting 2500 hectares of coffee and investing US$10m at Kaweri in Mubende district.
The company is a subsidiary of the German based Neumann Kaffee Gruppe, one of the world’s largest coffee exporting companies. Neumann Kaffee Gruppe has got similar projects in Mexico, Brazil, Kenya, Tanzania and El Salvador.
KCPL that is employing 1000 permanent staff and between 2500-3000 casual employees is investing a total of US$10m and has also established a 20,000 network of coffee out-growers called Kaweri Coffee Farmers Alliance.
President Yoweri Museveni who launched the alliance said advised the people of Mubende to exploit the opportunity.
“You people of Mubende, you have been crying of poverty, its time for you put on glasses and see far, we have brought a rich investor here, grow coffee on your land using his expertise and he is the same person to buy your coffee,†he said while launching the alliance on Wednesday at Kaweri.
Chairman Advisory Board and founder of the group Michael Neumann said the farmer’s alliance is expected to produce 6,000 tonnes of green coffee.
“The overall goal of the alliance is to increase net-farm incomes in the project area through sustainable coffee production, quality improvement and marketing, it is a model aimed at best practices for the public/private partnerships for rural areas,†said Neumann.
Later, a letter of interest committing all partners was signed between leadership of the farmer’s alliance, the European Union, and Ministry of Finance among others.
By Vision Reporter
COFFEE exports in the month of December 2003 amounted to 228,407 60- kilo bags worth US $10 million, representing an increase in both volume and value of 65.4% and 68.2% respectively over November 2003.
The monthly report from Uganda Coffee Development Authority indicates that the average realised price at the export level for December, stood at 73 cents/kilo, up from 72 cents/kilo received in November 2003.
The report however, reveals that as compared to the same month of the previous year, there was a drop in both volume and value by 24.6% and 10.6% respectively.
The drop in volume is attributed to coffee wilt disease which has destroyed over 45% of the old robusta productive trees since 1993, and low prices that led to reduced care at firm level.
Robusta coffee accounted for 74.3% of total exports, up from 60.4% realised in November. 58628 bags arabica were shipped, with Drugar at 36.7%.
Ends
KAWERI Coffee Plantation Limited (KCPL), licensed by the Uganda Investment Authority (UIA) in 2001, is planting 2500 hectares of coffee and investing US$10m at Kaweri in Mubende district.
The company is a subsidiary of the German based Neumann Kaffee Gruppe, one of the world’s largest coffee exporting companies. Neumann Kaffee Gruppe has got similar projects in Mexico, Brazil, Kenya, Tanzania and El Salvador.
KCPL that is employing 1000 permanent staff and between 2500-3000 casual employees is investing a total of US$10m and has also established a 20,000 network of coffee out-growers called Kaweri Coffee Farmers Alliance.
President Yoweri Museveni who launched the alliance said advised the people of Mubende to exploit the opportunity.
“You people of Mubende, you have been crying of poverty, its time for you put on glasses and see far, we have brought a rich investor here, grow coffee on your land using his expertise and he is the same person to buy your coffee,†he said while launching the alliance on Wednesday at Kaweri.
Chairman Advisory Board and founder of the group Michael Neumann said the farmer’s alliance is expected to produce 6,000 tonnes of green coffee.
“The overall goal of the alliance is to increase net-farm incomes in the project area through sustainable coffee production, quality improvement and marketing, it is a model aimed at best practices for the public/private partnerships for rural areas,†said Neumann.
Later, a letter of interest committing all partners was signed between leadership of the farmer’s alliance, the European Union, and Ministry of Finance among others.
By Vision Reporter
COFFEE exports in the month of December 2003 amounted to 228,407 60- kilo bags worth US $10 million, representing an increase in both volume and value of 65.4% and 68.2% respectively over November 2003.
The monthly report from Uganda Coffee Development Authority indicates that the average realised price at the export level for December, stood at 73 cents/kilo, up from 72 cents/kilo received in November 2003.
The report however, reveals that as compared to the same month of the previous year, there was a drop in both volume and value by 24.6% and 10.6% respectively.
The drop in volume is attributed to coffee wilt disease which has destroyed over 45% of the old robusta productive trees since 1993, and low prices that led to reduced care at firm level.
Robusta coffee accounted for 74.3% of total exports, up from 60.4% realised in November. 58628 bags arabica were shipped, with Drugar at 36.7%.
Ends