Rwanda Utilities Regulatory Authority has raised retail fuel prices, citing global market trends and cost pressures, in a move expected to ripple through transport and consumer prices in the East African economy.In a statement issued late Friday, the regulator said petrol prices will rise
Transport operators in Rukungiri District have raised concerns over the rising fuel prices, saying the situation is increasingly affecting their daily operations and livelihoods.The concern follows recent global tensions involving Iran, the United States, and Israel, which have contributed
Alcohol consumers and the construction industry face fresh price hikes as the government tables the Excise Duty (Amendment) Bill, 2026, seeking to impose higher levies on imported spirits and building materials.Minister of State for Finance, Henry Musasizi, presented the bill in Parliament
The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, has appreciated the progress of the Inspire Africa Coffee Park in Ntungamo during a visit he made alongside Amos Kankunda, the Chairman of the Finance, Planning and Economic Development Committee of Parliament,
Henry Musasizi (left) and Hamson Obua addressing the media at ParliamentThe Minister of State for Finance (General Duties), Henry Musasizi, has defended the proposed increase in the government’s total resource envelope, saying it is aimed at supporting key priorities for the 2026/27 fina
The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, has revealed that the Uganda Revenue Authority (URA) is expected to collect Shs 44.5 billion in taxes to support a proposed Shs 84.209 trillion national budget for the 2026/27 financial year.Musasizi also
The government has unveiled a proposed UGX84.2 trillion national budget for the Financial Year 2026/2027, with projected domestic revenue of UGX44.5 trillion, as part of efforts to boost service delivery and economic growth.Speaking to journalists at Parliament on Friday, the State Ministe
Minister of Energy and Mineral Development Ruth Nankabirwa.Minister of Energy and Mineral Development Ruth Nankabirwa has assured Ugandans that there is no immediate reason for increase in fuel prices this month.Her remarks come at a time when motorists are already feeling the pinch
As of Friday, pump prices exceeded Shs 5,300 at some outlets such as TotalEnergies, yet according to PS Batebe, Uganda has fuel stocks lasting over two monthsUganda’s government has cautioned oil marketing companies against unjustified increases in fuel pump prices, even as global market
Kampala — Uganda’s fuel prices remain significantly lower than those in Europe despite rising geopolitical tensions affecting global oil markets, with officials attributing the stability to diversified supply arrangements through the Uganda National Oil Company (UNOC) and its international su
