Abuja, Nigeria | airspace-africa | The fuel crisis in Nigeria’s aviation industry has become untenable. In a letter penned by the President of the Airline Operators of Nigeria(AON), Abdulmunaf Yunusa Sarina, and sent to the Minister of Aviation, Senator Hadi Sirika, airline industry operators have signaled their intent to down tools …
Read More »Gov’t will not determine retail price of fuel – Regulator
Hoima, Uganda | THE INDEPENDENT | The prices of fuel products in Uganda will be determined by the market forces of demand and supply even when the country starts producing its own petrol, diesel and kerosene or others. How much Ugandans buy petroleum products will, therefore, depend on what is happening …
Read More »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 …
Read More »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 …
Read More »It is back to normal at Kenya border, but fuel prices unchanged
Busia, Uganda | THE INDEPENDENT | The traffic situation at the Busia border post on the Uganda-Kenya border has now normalized, while the backlog at the Malaba post is due to be cleared by the end of this week, according to Uganda Revenue Authority (URA). This follows more than two …
Read More »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 …
Read More »How has the fuel crisis affected transport companies?
BUSINESS FEATURE | THE INDEPENDENT | Rising fuel prices typically force businesses in the transport and logistics industry to either raise prices for their services or suffer a financial loss. If the prices continue to increase, the trucking companies, couriers, and packaging material providers will have no option but to increase …
Read More »Government advised to regulate fuel industry
Jinja, Uganda | THE INDEPENDENT | Members of Parliament on the trade, industries and tourism committee want the government to enact laws that will foster consumer protection within the fuel industry. While inspecting the oil reserves on Friday in Jinja City, the MPs said that there was hoarding of fuel …
Read More »PM Nabbanja suspends Malaba weigh bridge operations
Malaba, Uganda | THE INDEPENDENT | Prime Minister Robinah Nabbanja has suspended the operations of the weighbridge at the Kenya Uganda Malaba border to help to reduce the pile-up of trucks at the border. The Prime Minister made an impromptu visit at the Malaba border on a fact-finding mission …
Read More »Fuel truck catches fire in Mbale, one dead
Tororo, Uganda | THE INDEPENDENT | One person died and four others were injured after a fuel truck caught fire in Mbale District. The accident occurred at mile 6 along Mbale- Tororo Road on Friday afternoon. According to eyewitnesses, a Boda Boda rider who was from Stabex Fuel Station entered …
Read More »