Business •
27 Apr '26
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta
Business •
24 Apr '26
The State Minister for Trade, David Bahati, has warned of government action against fuel dealers suspected of hoarding products and distorting prices amid rising pump costs.Rising pump prices and reported stock-outs have triggered government scrutiny of fuel dealers, with officials warning
Business •
22 Apr '26
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
Business •
22 Apr '26
Uganda has secured incoming fuel shipments totaling more than 450 million litres, with authorities saying the deliveries will reinforce national reserves and sustain one of the most competitive pump price regimes globally.In a statement released Tuesday, the Ministry of Energy and Mineral
Business •
21 Apr '26
Former US envoy to the United Nations Nikki Haley, member of Donald Trump’s Republican Party, has claimed that an Iranian vessel recently intercepted by the US Navy was travelling from China and was carrying materials linked to missile-related chemical shipments.Nikki Haley also pointed
Business •
17 Apr '26
The URA customs officer who rejected the bribe has been identified as Enid Priscilla KatusiimeA female customs officer at the Uganda Revenue Authority (URA), identified as Enid Priscilla Katusiime, is at the center of intense public debate after she rejected a Shs 300 million bribe and unc
Business •
17 Apr '26
A female customs officer at the Uganda Revenue Authority (URA) has been recognized for exceptional integrity after rejecting a bribe of Shs 300 million and uncovering a concealed shipment of cash amounting to $10 million (about Shs 37 billion). The officer, whose identity has not been disc
Business •
16 Apr '26
The Chieftaincy of Military Intelligence (CMI) has joined the State House Anti-Corruption Unit in investigating a high-profile gold scam in which investors lost approximately Shs 13 billion.The case centers around a businessman identified as Ali Muhammad, a Ugandan of Somali origin, who is
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