Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowded market where oil marketers are racing to expand retail networks, strengthen cust
Traders at Bugolobi Market in Kampala have raised concerns over the rising cost of fuel, saying it has significantly increased transport expenses and forced them to hike prices of essential goods.The vendors, including food sellers, banana dealers, butchers, fruit traders and boda boda cyc
After months of tense evictions and confiscated merchandise, the Ministry of Local Government has promised a reset. Permanent Secretary Ben Kumumanya told traders’ leaders on Wednesday that government will secure “enough alternative trading spaces” and that enforcement of the nationwide Tra
Vendors say rising transport expenses are driving price hikes, but weak consumer demand is squeezing their profits.Ibanda District is experiencing a sharp increase in food prices, with vendors attributing the trend to rising fuel costs that have driven up transportation expenses across the
Fuel prices in Kampala are on the rise, with pump rates inching upward across the city and its surrounding neighborhoods. Despite recent calls for calm from government officials, motorists and residents are feeling the pinch as the cost of fuel continues to surge.As of April 26, 2026, repo
Motorists and boda boda riders in Mbarara are grappling with rising fuel prices and supply shortages, triggering long queues, fears of fare hikes, and wider economic strain as several stations run out of stock.Hundreds of motorists and cyclists on Saturday crowded Shell Ankole in Mbarara C
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
Ms Regina Nampiima, a resident of Wamala Mukataba village in Nansana Municipality, Wakiso District whose rental buildings were razed down during the enforcement of the new trade order and road expansion project has cried foul in the demolition exercise.While Nansana authorities claim that
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of
Uganda has 70.5 million litres of petrol, enough to last 19 days, according to a government update released on April 21, 2026.In a press statement, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) said the country also has 43.2 million litres of die
