Kampala, Uganda | THE INDEPENDENT | Fuel stations have maintained prices of fuel even after the new fuel tax of 100 Shillings that took effect on Thursday having been approved by parliament for the 2021/22 financial year. Government increased the fuel tax per litre of petrol and diesel by Ush100 for …
Read More »Gov’t introduces 100 shillings tax on fuel
Kampala, Uganda | THE INDEPENDENT | Government has abandoned the proposal to impose a 200,000 shillings license on vehicles and instead introduced a 100 shillings tax per litre of fuel to raise revenue. This was revealed by Finance Minister in charge of planning David Bahati who was appearing before the finance committee …
Read More »Four dead as fuel truck catches fire after road accident
Kasese, Uganda | THE INDEPENDENT | Four people have been killed following an accident involving a fuel truck along the Fort Portal – Kasese highway. The accident happened on Friday at 12pm at Kasunganyanja trading centre in Kibiito Sub County, Bunyangabu district. The fuel truck that was heading to Kasese district …
Read More »Police suspends selling fuel in jerry cans
Kampala, Uganda | THE INDEPENDENT | The Uganda police Force- UPF have suspended selling and buying of fuel in jerry-cans at all pumps until the end of elections. They say this is to curtail acts of making petrol bombs in the anticipated riots. This follows the protests that took place 2 …
Read More »Fuel consumers want gov’t to regulate prices
Kampala, Uganda | THE INDEPENDENT | Fuel consumers in Kigezi sub-region are asking the government to consider setting up standard prices for fuel. Currently, fuel prices are set by the various dealers as determined by the forces of demand and supply. But the consumers in Kabale district argue that the …
Read More »Top Kenyan officials arrested over ‘spilled’ petrol
Nairobi, Kenya | AFP | The director of the Kenya Pipeline Company and four others have been arrested after millions of litres of petrol went missing in dubious circumstances, police said Friday. In October, 10 leading fuel marketers demanded an independent audit of KPC’s stock, suspecting up to 20 million …
Read More »Nigeria petrol shortage bites at Christmas
Lagos, Nigeria | AFP | Long queues formed at petrol stations across Nigeria Tuesday, with motorists sometimes waiting up to 24 hours to fill up their tanks, as Africa’s number one oil producer faces a crippling fuel shortage. “I couldn’t travel. I would have loved to travel to Osun State …
Read More »Shell to invest $1billion in Mexico
Mexico City, Mexico | AFP | Royal Dutch Shell said Wednesday it would invest $1 billion in Mexico over the next decade, after the oil giant opened its first retail gas station in the country. The investment in the world’s fifth-biggest consumer of gasoline depends on market conditions continuing to …
Read More »Petrol shortages expose Burundi’s economic woes
Nairobi, Kenya | AFP | A lack of foreign currency means petrol pumps are running dry across Burundi, the government has admitted, as the country struggles with a serious two-year-old political crisis. Long queues have been quickly forming in the capital Bujumbura where petrol is only available at some of …
Read More »Bad fuel on the market
Bad fuel concern: Dealers, UNBS clash over adulterated fuel standards If you are a motorist, chances are high that you’ve ever bought adulterated fuel unwittingly. Fuel adulteration involves the mixing of diesel or petrol with kerosene as dealers seek to take advantage of the lower price of kerosene to increase …
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