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Showing posts from May 22, 2007

Starbucks Ready to Brew Ugandan Coffee

By Joseph Olanyo The Monitor May 22, 2007 Ethiopia’s case should be treated as an eye opener for Uganda that intends to do business with Starbucks When Paul Sempa-Mugambwa, former proprietor of Kyagalanyi Coffee Ltd, received an offer for his firm way back in 1992 from a foreign investor, it did not look like an impending end to a whole generation of local coffee processing entrepreneurs. It was however only a matter of time before most of the indigenous coffee entrepreneurs gave in to pressure to sell their plants to cash draped foreign investors who, unknown to local entrepreneurs, had discovered a new niche in the international coffee market. Thus the unprecedented visit recently by officials from one of the largest global suppliers of specialty coffee - Starbucks Coffee Co. could hardly be a coincidence, according to analysts. "They want to start buying coffee from this region and they are looking at Uganda as part of a good quality coffee source," a coffee entrepreneur w...

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