Kampala, Uganda | ISAAC KHISA | Peter Onasis Ochieng’ is the managing director of Hashi Energy. He spoke to The Independent’s Isaac Khisa about the current surge in fuel prices and the industry’s future outlook. What explains the current trend of increase in fuel prices in Uganda and the region? …
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Kampala, Uganda | THE INDEPENDENT | Maize flour prices in Kenya has increased by nearly third to Ksh 115 for the two kilogramme packet since the millers exhausted subsidised flour stocks. The country’s media reports indicate that the top retailers including Uchumi and Tuskys have exhausted the Ksh90 maize flour …
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Kampala, Uganda | GODFREY SSALI | Sugar millers under their umbrella association the Uganda Sugar Millers Association have denied allegations they are hoarding sugar so as to sell it at higher prices. Trade Minister Amelia Kyambadde summoned the sugar millers to a meeting Tuesday 5th December 2017 at the Ministry offices in …
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Kampala, Uganda | THE INDEPENDENT | Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing United States shale oil production, according to the World Bank’s Senior Economist John Baffes. …
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Uganda sets sh5,000 as maximum price for sugar; trade licences of hoarders to be revoked Government has intervened to control the escalating price of sugar in Uganda by setting a ceiling price of sh5,000. Addressing a press conference on Friday, Minister of Trade, Industry and Cooperatives Amelia Kyambadde directed that sugar be …
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VIDEO: The Uganda Sugar Manufacturers Association has attributed the sudden increment in the retail price of sugar to the shortage of sugarcane due to concentration of all manufacturers in one part of Busoga. The concentration has increased competition for canes – leading to most factories producing below capacity. NBS’ Sam Paul …
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Food prices remain high as service companies offer cuts The end of year festive season is coming during tough times and businesses need to devise new ways of reaching out to old customers and attracting news ones, according to Charles Ocici, the executive director of Enterprise Uganda, a UNDP sponsored …
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Surge in prices could cause inflation flare up, squeeze Ugandan economy further – experts Uganda’s consumer price inflation fell more than expected in the past three months to September, thanks to a huge drop in non-food prices during the period, but economists say the downward trend is unlikely to be …
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Uganda Bureau of Statistics (UBOS) has revealed an increase in prices of manufactured goods by 5.1% between April 2015 and April 2016. Some of the contributors to the annual increase include processed food by 8.1%, a result of a rise in sugar by 20.7%, processed coffee by 10.3%, vegetables and …
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By Prof. Augustus Nuwagaba Obama has intervened in the US financial crisis. Is our government saying Uganda is more economically liberal than America? The protests over rising commodity prices in Uganda have posed a huge test to the government on how sensitive it is to the needs of the people. …
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