There has been an uproar from various stake holders since the lifting of the veil on the agreement between Uganda government and Vinci Coffee company. Below are the quick facts about the agreement.
The investor gets exclusive rights to buy all Uganda’s coffee. The investor is exempt from paying all taxes. The Deal ends in 2032, subject to renewal.”
The Parliamentary Committee on Trade, Tourism, and Industry has been given authority by the Speaker of Parliament, Rt. Hon. Anita Among to start investigations into the controversial Coffee Agreement.