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Uganda: Coffee exports succumb to global financial crisis

Posted on 11 November 2008

From Monitor.co.ug: Uganda’s coffee exports will be adversely affected by the ongoing economic meltdown in the West as commodity markets across the globe slump, cooled by decelerating demand.

The Managing Director of Uganda of Coffee Development Authority, Mr Henry Ngabirano said coffee was the most traded commodity in the world after oil and that there was no way it would not be impacted by the economic lethargy spreading across Europe and US, the world’s biggest coffee consuming regions….. Full Article: Source


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