Uganda: Govt Attributes Fuel Prices to Global Costs, Taxes, Shilling Depreciation

Uganda: Govt Attributes Fuel Prices to Global Costs, Taxes, Shilling Depreciation

[Independent (Kampala)] Kampala, Uganda -- Government has attributed the rise in fuel pump prices to a combination of international petroleum prices, taxation, exchange-rate movements or depreciation of the Uganda Shilling, freight, insurance and other supply-chain costs.

We have no control over fuel prices – Dr Musenero

Dr Musenero said the depreciating shilling, war in Iran and other factors have led to the current high fuel prices across the country.

MPs Demand UNOC Fuel Price Breakdown Amid Rising Pump Prices

Tororo Municipality MP Hon. Tanna Shyam questioned the rapid rise in pump prices despite some fuel having been purchased when the exchange rate was lower, and urged the Ministry to examine the pricing by retailers.

Govt attributes fuel prices to global costs, taxes, shilling depreciation

Kampala, Uganda | URN | Government has attributed the rise in fuel pump prices to a combination of international petroleum prices, taxation, exchange-rate movements or depreciation of the Uganda Shilling, freight, insurance and other supply-chain costs. The Minister of Energy, Monica Musenero, on Wednesday told Parliament that the current pump-price pressures reflect several interconnected costs … The post Govt attributes fuel prices to global c…

FATUMAH HUSSEIN: When the Shilling Falls, Who Pays? Uganda’s Currency Crisis, Rising Fuel Costs and the Economic Future of Its Youth

There are moments when economics stops being a subject discussed in lecture rooms, boardrooms and government offices and becomes something ordinary people feel in their pockets.  This is one of those moments. For months, the Ugandan shilling appeared relatively resilient. Then, within a matter of weeks, the pressure intensified. On 1 October 2026, Reuters reported […]

UNOC Blames Parliament's Shs200 Fuel Levy, Weak Shilling for Pump Price Surge » Business Focus

UNOC’s fuel storage tanks/Courtesy photo By Prisca Wanyenya The Uganda National Oil Company (UNOC) has attributed the current