Business •
09 Apr '26
Kampala, Uganda | THE INDEPENDENT | Uganda’s fuel prices have edged up by around 5% amid rising tensions in the Middle East, but strong reserves and reforms in the country’s procurement system have limited the impact on consumers.Petrol and diesel remain below previous highs recorded b
Business •
08 Apr '26
Reports from Kenya say Nairobi had asked to tap Uganda’s petrol stocks as a temporary measure and promised to replace the fuel once delayed shipments arrived.Uganda rejected a request by Kenya to access fuel reserves held in the Kenya Pipeline Company network.The move is reported
Business •
07 Apr '26
The Bahrain-based subsidiary of Vitol, the world’s largest independent oil trading firm, has faced major disruptions after Iran restricted access through the Strait of Hormuz in response to joint US-Israel attacks about two months ago.KAMPALA: Senior executives of Vitol Bahrain E.C, Ugan
Business •
06 Apr '26
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
Business •
05 Apr '26
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
Business •
05 Apr '26
The President of the Republic of Kenya has caused the arrest of three managers of primary duty bearers in charge of administering the Petrol Supply Chain for manipulating data on in-country stocks to create false impression of an impending fuel shortfall.According to a press release dated
Business •
05 Apr '26
This is the first official confirmation from the government that India is buying Iranian crude, following the sanctions waiver for Iranian oil on water announced by the US last month. (File Photo)Indian refiners are buying crude from Iran as part of their efforts to secure oil supplies ami
Business •
05 Apr '26
Virgil I. 'Gus' Grissom, Edward H. White, and Roger B. Chaffee all lost their lives when flames and carbon monoxide consumed the cabin of their spacecraft during a launch rehearsal testThe crew of the Apollo 1 space mission: Command Pilot Virgil I. Grissom, Senior Pilot Edward Higgins Whit
Business •
02 Apr '26
Bukusu Constructors, the distributor of Coca-Cola products in Manafwa district, has been ordered to pay the beverage giant Shs 412 million for breach of contract.Their relationship started on September 30, 2023, when Coca-Cola appointed Bukusu Constructors as its official distributor in Ma
Business •
02 Apr '26
Global health is evolving rapidly, with breakthroughs turning into medicine.The latest advancement in viral research is Lenacapavir, an FDA-approved HIV injectable drug manufactured by American biopharmaceutical company Gilead Sciences.Renowned as a convenient, long-acting alternati