• Today: Sunday 14 Apr 2024

BCU Announces New Coffee Prices

06 November, 2023

Nathan Nandala Mafabi the Bugisu Cooperative Union (BCU) Board Chairperson has announced new coffee prices.


Appearing on Elgon FM on Saturday, Nandala reveladed that the price of parchment coffee will now be set at 9,000 Ugandan Shillings per kilogram. In a bid to support local farmers, Nandala emphasized the importance of maintaining quality throughout the coffee handling process. He said this would ensure that farmers receive better prices for the crop on the global market.


Nandala also assured farmers that the coffee supplied last season is still intact and he is actively seeking funds to settle outstanding balances owed to selected farmers.


Multinational companies are currently purchasing coffee at prices ranging between 6,000 to 7,000 shillings per kilogram. Nandala says BCU sets the price in order to protect farmers from exploitation by other coffee buyers.