Oil imports: Uganda wants Kenya to reduce bond fees

Nankabirwa said the high bond fees will also increase the fuel pump prices in Uganda, leaving the customers to carry the burden.

PREMIUM Business

Uganda National Oil Company last week received its first shipment of petroleum products through the Mombasa port in Kenya..

By NewVision Reporter

Journalists @NewVision

#Uganda #Kenya #Bond #Oil #Imports

________________

Uganda has asked the Kenyan government to lower the bond fees of $40m (about sh147b) at an oil storage terminal it uses to ferry petroleum products

Login to begin your journey to our premium content

Related Stories
Business
Currency update from Monday’s session
Business
NCBA announces sponsorship for 4th Auto Show Kampala edition
Business
Uganda National Oil Company explains increased pump prices
Business
New infrastructure to unlock over sh3 trillion in fresh fruits, vegetables exports
Business
EACOP: Uganda to earn more revenue as equity increases
Business
Industrialisation will fasten recovery of our region—Acholi leaders