Cattle prices have doubled in Hoima ahead of
A survey conducted by URN in the Hoima cattle market shows
that a cow that cost between Shillings 800,000 and Shillings 1M four months
ago, now costs between Shillings 1.7M and Shillings 2M.
Several cattle traders interviewed by URN fear that the prices
are likely to even increase further next week.
Kalifani, a cattle trader in Hoima town, says the increase in the cattle prices
is likely to escalate the price of beef.
//Cue in:”Omuhendo gwa ente…
Cue out:…Genda kigungura obutale.”//.
Mubarak Mugisa, a butcher in Hoima central
market says they are currently a kilogram of beef costs Shillings 12000.
however, says they could be compelled to hike the price to Shillings 15,000
given the increase in cattle prices.
//cue in:”Omuhendo gwe ente…
Cue out:…Titwi ne kyokukora.”//.
Wilberforce Onyuthi, a resident of Kasenyi Lyato in Buseruka Sub
County, says they are likely to see an increase in beef prices in the next few
days because of the increase in cattle prices.
Muhamood Kasaija, another butcher says they could end up
making losses this festive season given the hike in cattle prices.
//cue in:”Ente zikasigaza yo…
Cue out:…kyokugamba nigo mulimo.”//.
Patrick Byaruhanga, a cattle trader in Buseruka Cattle Market,
says they have several cattle to traders from as far as Wakiso, Gulu, Kampala, Mukono,
Arua, Lira and Mubende districts over the past three weeks, which he blames for
the hiked prices.
John Kasumba, a cattle farmer in Buseruka Sub County, says
they are take advantage of Christmas to make more profits from livestock.
Joan Karungi, a resident of Kigorobya Sub County says beef
prices continue to rise, several may decide to forego meat during Christmas since
many will not afford.