Uganda to sell Coffee Marketing Board assets

20 August 1999

Uganda to sell Coffee Marketing Board assets

Uganda is to sell the assets of the Coffee Marketing Board (CMB)
after failing to sell a majority stake to a single investor.

The CMB had a marketing and processing monopoly of Ugandan coffee
until 1991. Liberalisation of the industry since that date has left the
board with just 2% of the market by April last year when it was
closed.