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Tag Archives: fuel

Portuguese govt announces measure to cap gas price

Lisbon, Portugal | Xinhua | The Portuguese Council of Ministers announced on Friday a measure to halve the price of gas used for electricity production for both domestic and industrial consumers, who have been severely affected by this year’s electricity price inflation. The mechanism adopted by Portugal after negotiation with …

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Ethiopia announces new increases in fuel prices

Addis Ababa, Ethiopia | Xinhua | The Ethiopia Ministry of Trade and Regional Integration (MoTRI) has announced a decision to hike gas prices by 16 percent starting Sunday. The ministry said in a press statement released Saturday evening that the price hike would see gas prices rise from 31.74 Ethiopian …

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MPs demand action over skyrocketing commodity prices

Kampala, Uganda | THE INDEPENDENT | Lawmakers have demanded that government pronounces herself on the rising prices of essential commodities including soap, sugar, cooking oil and fuel. Raising on a matter of national importance during plenary on Thursday, 10 March 2022, Nakaseke South County MP, Paulson Luttamaguzi said a bar of soap …

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Gulu city struggling to clear UGX 3.8Bn debt

Gulu, Uganda | THE INDEPENDENT | Gulu city is choking on unpaid debt of 3.8 Billion Shillings. The money is meant for the payment of utility bills like electricity and water supplies for the various offices, allowances for elected leaders, and fuel among others. Alfred Okwonga, the Gulu City Mayor says …

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URA halts withholding tax on petroleum products transporters

Kampala, Uganda | THE INDEPENDENT | Oil marketing companies in Uganda have petitioned the Ministry of Finance to intervene in a tax dispute with Uganda Revenue Authority. Recently, URA wrote to the companies demanding that they remit 15 per cent withholding tax on all foreign transport payments incurred over the years …

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