The fundraising is part of a GH¢16.3 billion domestic cocoa financing programme aimed at supporting purchases and refinancing COCOBOD’s legacy debt.
The Swiss chocolatier expects weaker European orders, particularly for seasonal products, while maintaining its 2026 EBIT margin and longer-term growth targets.
The Paris Court of Appeal rejected Bicec’s claim against stock-monitoring firms, while separate loan recovery proceedings against three Cameroonian borrowers remain ongoing.
The cooperative increased procurement and value addition while raising concerns over imported arecanut and investing in new processing and storage infrastructure.
The tax relief is part of a wider Ugx 212 billion (US$56.06M) government plan to address financial challenges, improve factory management and support Uganda’s tea industry.