Tag Archives: shortage

Fuel shortage artificial, price hikes unwarranted – Nankabirwa

Fuel shortage artificial price hikes unwarranted – Nankabirwa

The current fuel scarcity and price increases are unwarranted, the minister of Energy and Mineral Development, Ruth Nankabirwa, has said. Nankabirwa attributed the shortage to artificial disruptions, insisting that Uganda has sufficient fuel supplies to meet domestic demand. She noted that the Uganda National Oil Company (UNOC) secured current reserves as early as January at then-prevailing international prices and continues …

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Fuel shortage hits Kampala, triggers price hikes

Fuel shortage hits Kampala triggers price hikes

Motorists in Kampala are scrambling for fuel after a shortage that first affected upcountry stations earlier this week spread to the capital, triggering long queues, price hikes and growing frustration among transport operators. By Friday, most outlets operated by major suppliers such as Vivo Energy (Shell) and TotalEnergies had run dry. At several stations, attendants either stood idle or turned …

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Cash shortage hits Equity Bank, customers’ fury, ponder legal action

Equity-Bank-Uganda-Head-Office

Equity Bank’s Juba Main Branch is facing imminent litigation after law firms representing two clients accused the bank of failing to provide cash despite repeated requests, causing what they call a “fundamental breach” of banking obligations. In a formal demand notice seen by Radio Tamazuj, Pan African Law Chambers LLP and Alliance Law Chambers state they are prepared to file …

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