Kampala, Uganda | THE INDEPENDENT | Experts in the petroleum sector have revealed that the current inconsistencies in pump fuel prices are a preserve of individual dealers depending on their in-house issues. Currently, a few dealers like Shell and Total Energies, are still pricing their diesel higher than petrol, a trend that …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Ministry of Energy and Mineral Development has predicted the continued fall in fuel pump prices as the global industry continues to stabilize. A mini survey by Uganda Radio Network in different parts in and around Kampala shows a liter of petrol now goes for …
Read More »
Jinja, Uganda | THE INDEPENDENT | Police have used teargas and live bullets to disperse motorcyclists who had staged protests in Jinja over the skyrocketing fuel prices. The motorcyclists staged protests within different trading centres along the Jinja-Kamuli highway, where they placed and lit logs and old car tyres in the …
Read More »
Kampala, Uganda | THE INDEPENDENT | Rising fuel prices have driven a quarter of Uganda bus companies out of business and half of the buses off the road. The bus companies offering public transport in Uganda have started closing business due to their inability to break even. Of the over 80 …
Read More »
Rome, Italy | Xinhua | As the crisis in Ukraine sends global fuel prices spiraling higher, governments in European Union (EU) member states are scrambling for ways to reduce the economic impact their citizens are feeling at the gasoline pumps. Prices for gasoline surpassed 2 euros (2.1 U.S. dollars) per liter …
Read More »
Kampala, Uganda | THE INDEPENDENT | Oil and gas companies and the industry regulators are still confident that Uganda’s first oil will flow by 2025, despite the rising global inflation. Most commodities worldwide have registered rapid price increases starting last year as economies reopened following the COVID-19 induced lockdown. The situation …
Read More »
Kampala, Uganda | THE INDEPENDENT | Taxi operators plying different routes within Kampala city are living in uncertainty about the future of their business, due to the gradual decline in the number of people using taxis. The taxi operators say the number of people using taxis dropped since the government lifted …
Read More »
Markets are witnessing an economic stagnation under lack of purchasing power and unprecedented hike in the prices of basic commodities Khartoum, Sudan | Xinhua | Concerns are growing that the economy in Sudan would further deteriorate amid the continued decline of the national currency Sudanese pound, the unprecedented rising prices of …
Read More »
Kampala, Uganda | THE INDEPENDENT | The high costs of essential household commodities are worrying and Members of Parliament want government to take action and stall rising prices. Kampala Central Member of Parliament, Mohammed Nsereko said the concerns of high fuel prices have now shifted to the increased prices of soap, …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Minister of State for Energy and Mineral Development (Minerals), Peter Lokeris, has reassured lawmakers that petroleum fuel prices are expected to return to normal by 10 February 2022. In the week commencing 01 January 2022, the country experienced a hike in petroleum prices by Shs550 …
Read More »
The Independent Uganda: You get the Truth we Pay the Price