Kampala, Uganda | THE INDEPENDENT | RUBiS Energy, one of the leading oil and gas companies in Uganda, has rebranded an additional ten new service stations across Uganda, further extending its high-quality products and services closer to customers across Uganda. The newly rebranded service stations which include; RUBiS Ntinda, Kamwokya, …
Read More »Pesapal ventures into powering petrol station payment
Kampala, Uganda | THE INDEPENDENT | Pesapal has unveiled a new Forecourt Management Solution in Uganda, Kenya and Tanzania delivering integrated payments alongside monitoring and data tools. The solution drives the automation of fuel and retail management processes, seamlessly connecting distribution points and digital payments – backed up with tools to reduce …
Read More »Why some fuel dealers prioritize petrol not diesel
Kampala, Uganda | THE INDEPENDENT | Experts in the petroleum sector have revealed that the current inconsistencies in pump fuel prices are a preserve of individual dealers depending on their in-house issues. Currently, a few dealers like Shell and Total Energies, are still pricing their diesel higher than petrol, a trend that …
Read More »Petroleum companies’ losses in 2022 were staggering: URA
Kampala, Uganda | THE INDEPENDENT | The petroleum marketing industry in Uganda experienced mixed fortunes over the last six months as the importation of diesel (AGO) significantly fell below that of petrol (PMS) as uncertainties in the economy continued. According to records at the Ministry of Energy and Mineral Development, and …
Read More »Fuel prices stabilizing, but will remain high
NEWS ANALYSIS | THE INDEPENDENT | The prices of fuel in Uganda, particularly in Kampala have continued to rise, but at a slower rate over the last two months, compared to the sharp increases registered between March and early July. Ordinary motorists in Kampala had predicted that by the start …
Read More »MUSEVENI: I am talking to the Russians and Americans
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni reiterated that the government has no solution to the runaway fuel and other commodity prices. Addressing the country last evening at State House Nakasero, Museveni insisted that contrary to popular calls, it would be a mistake to subsidize or …
Read More »Fall in fuel prices not in sight: Experts
Kampala, Uganda | THE INDEPENDENT | Fuel prices in Kampala and beyond have continued to skyrocket, but more sharply over the last two months. A litre of fuel currently stands between 5,550 and 5,700 shillings, while the price of diesel at some stations is the same as petrol. Over the months, …
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 »Why Uganda cannot afford prolonged fuel shortage
Fuel shortage first sign of poor planning and uncoordinated troop movements COMMENT | Samson Tinka | Since last week, there has been scarcity of fuel across the country. Pump prices are up and many stations ran out of fuel. The situation became worse upcountry as some districts like Hoima had a …
Read More »Fuel dealers raise prices to control demand
Kampala, Uganda | THE INDEPENDENT | The recent spiraling in fuel prices in Uganda has been attributed to the need to ration the available fuel stocks rather than profiteering. Fuel prices have been rising sharply since late last year but since the beginning of this month, they have risen more sharply …
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