Categories · Agricultural
· Business (Tobacco)
non-USA, by Country · Uganda
Organizations · BAT
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Jump to full article: (Kampala, Uganda) Monitor, 2008-02-07 Author: WALTER WAFULA
Intro: TOBACCO farmers have seen their incomes and bonuses doubled by the British American Tobacco Uganda following a successful growing season.
Mr Serhat Eroglu, the managing director, said in a financial statement that the company paid a total of Shs36 billion to tobacco farmers in 2007, up from Shs19 billion in 2006.
This represents approximately a 50 per cent increase in farmer incomes paid across the country. This growth came directly as a result of improved farmer prices announced in early 2007 to encourage farmers to supply quality tobacco leaf volumes.
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