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Nile Breweries increases barley prices

7 April 2011

News Release
April 6, 2011 Kampala

Uganda's beer market leader, Nile Breweries Limited (NBL), a subsdiary of SABMiller plc, has announced a 20% increase on its farm gate barley buying prices, a company statement said.

Nile Breweries will offer Shs.650 and Shs.700 up from Shs.550 and Shs.630 per Killogram to small farmers and large scale farmers respectively.

"We encourage all barley farmers in Uganda to take advantage of the current rains to prepare the gardens properly and to use the recommended inputs to get maximum yields," said George Mbogo NBL Local Sourcing Manager.

Nile Breweries has assured all barley farmers that all transactions shall be done in cash as had been previously.

"We guarantee that barley shall be bought cash at all buying centres as done in the previous seasons," said Mbogo.

Nile Breweries sources its barley in the Eastern, Western, Northern and Southwestern parts of Uganda.

Some of the districts that grow barley include: Kapchorwa, Bukwo, Kween, Kabale, Kanungu, Kisoro, Kabarole, Bundibugyo, Zombo, Kitgum, Nebbi and Agoro.

"I believe this is a better deal to our farmers as it increases their income, whenever they produce barley to serve our brewing needs in the brewery," said Mbogo.

This is an SABMiller subsidiary news release, it was first published in its local market on 06/04/2011.

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