[Headlines Only] [Top Stories Only]
Categories
· Agricultural
· Business (Tobacco)
non-USA, by Country
· Uganda
Organizations
· BAT

Ugandan Exports Soar 40% on Higher Commodity Prices (Update1) 

Jump to full article: Bloomberg News, 2008-04-15
Author: Fred Ojambo

Intro:

Uganda's export earnings soared 40 percent last year on higher prices for most of the country's main commodities, the state-run Uganda Export Promotion Board said. . . .

Income from tobacco more than doubled to $66.3 million last year, when British American Tobacco Uganda Ltd., the east African country's biggest producer, recorded its highest-ever output, the board said.

Farmers contracted to BAT Uganda, a unit of British American Tobacco Plc, increased production in 2007 to 19,000 metric tons, from 12,700 tons a year earlier, the report said. Uganda produces mainly flue-cured tobacco, which is dried in heated barns.

Jump to full article »