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Cashing in on Dubai expo


Daily Monitor
Tuesday June 01 2021
An aerial vew of Dubai city. Pineapple, ginger, beans and avocado are on the demand list for UAE.
PHOTO/COURTESY
Summary
Uganda is one of the 120 countries with dedicated pavilions even though according to the Uganda Export Promotions Board, no funds have been secured to facilitate participation which includes mobilising public and private sector players.
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United Arab Emirates (UAE) is one of the biggest export destinations for Uganda at $1.84 billion in 2020 ahead of the entire Comesa region at $1.27 billion in the same period. Seeing that most of these exports are minerals like Gold and fish, spaces not for many players, the potential for more export in the food sector especially agricultural products is inexhaustible. Uganda’s fruits and vegetables can find demand in this market that is just five hours away via airfreight. There have been several private sector led trade expos organised before between ....

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Tea prices recover at Mombasa auction


Daily Monitor
Wednesday March 03 2021
Summary
Tea prices, according to details from the East Africa Tea Traders Association, inched closer to a two-dollar mark, recovering from a decline which the commodity had registered during auctions in mid January.
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Uganda and other East African member states sell their tea through the Mombasa Auction. 
Tea prices had declined at the end of January but the recovery is expected to impact Uganda’s export receipts, which have been growing for at least six months now.
Tea prices, according to details from East Africa Tea Traders Association, inched closer to a two-dollar mark in the weekly auction with a kilogramme selling at Shs7,378  from Shs7,310.  ....

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