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Tag Archives: Fuel prices

Why fuel pump prices will continue to drop

Kampala, Uganda | THE INDEPENDENT |┬áThe 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 …

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High fuel prices force half of Uganda’s buses off the road

Kampala, Uganda | THE INDEPENDENT |┬áRising 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 …

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Fuel prices won’t affect oil production timeline: Regulators

Kampala, Uganda | THE INDEPENDENT |┬áOil 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 …

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Taxi operators decry low passenger numbers

Kampala, Uganda | THE INDEPENDENT |┬áTaxi 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 …

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Legislators worried about high cost of essential commodities

Kampala, Uganda | THE INDEPENDENT |┬áThe 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, …

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Fuel prices to normalise – Minister

Kampala, Uganda |┬áTHE INDEPENDENT |┬áThe 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 …

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Rising fuel prices

┬áDid URA, Ministry of Health cause it? Kampala, Uganda | IAN KATUSIIME | An unreasonable testing protocol, greed and an unresponsive government to popular needs has seen Ugandans treated to the worst of January blues with fuel prices going as high up as UgShs10, 000 for a litre. The prices …

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