Research

How the Uganda coffee law, source to Mutombo Coffee, will earn farmers more money

The news of the President’s assenting to the National Coffee Act recently has spread like wildfire among farmers and all stakeholders in the coffee sector. The Act has attracted a lot of attention because coffee plays such an important role in our country’s economy. 

Uganda is the second biggest coffee producer in Africa and 10th in the world. Coffee is said to be the most widely traded tropic agricultural commodity internationally and also the most traded commodity globally after oil.
It provides employment to about nine million people in Uganda through coffee related activities besides being the most important foreign exchange earner crop in the country. 

Farmers welcome coffee law
The National Coffee Act 2021 has come when Uganda now realises that coffee is a strategic commodity whose production and productivity must be enhanced and regulated to compete well with other international producers of the crop. Gerald Ssendaula, former minister of Finance and now a farmer, has told Seeds of Gold: “This is a law that we have been craving for as coffee farmers for many years. You remember we fought hard to get the National Coffee Policy which Cabinet approved in 2013 but there was still a big need for a law such as this one to safeguard and regulate good coffee production practices.”

Robert C. Bush Jr

About Robert C. Bush Jr

I am a senior investment executive with experience across industries (advanced manufacturing, financial services, energy, ICT, e-health, life sciences, security, and retail), geographies (USA, Europe, China, Middle East and Africa), as well as asset classes (venture capital, private equity, Islamic finance). I have engaged in a full array of financial and operating special projects for sovereign-related entities, family businesses, family offices, investment companies, corporates, and startups. I have participated in more than $30 billion in transactions and co-managed assets of nearly $10 billion (usd). I speak frequently to governments, universities, and corporates on issues related to innovation, corporate governance, asset management, and evidence-based investing. Additionally, I provide commentary on live television and international media, including CNN International, Euromoney, and Fox Business News, as well as speak at global conferences, including the UAE’s Annual Investment Meeting (AIM), Milken Conference, Institutional Investor, Business Week CEO Forum, GAIM and dozens of startup pitch events around the globe. My unique, global experiences, love for teaching and learning, as well my established network of relationships, fuel my interests in entrepreneurship, prudent-decision making, and innovation. If you are living a purpose-driven life, let's connect!

Leave a Reply

Your email address will not be published.