Rising fuel prices are continuing to exert pressure on Uganda's economy, increasing transport and business costs while shrinking household incomes. Transport operators, traders, and consumers say the persistent fuel price hikes are making it more difficult to earn a living and meet daily expenses.

Fuel prices in Uganda remain volatile but have generally maintained an upward trend in recent months. In major fuel stations across Kampala, petrol is currently retailing between 6,250 and 6,619 shillings per litre, while diesel ranges between 6,105 and 6,599 shillings per litre.

The increase has largely been attributed to rising global oil prices, driven in part by ongoing tensions and conflict in the Middle East. As transport costs continue to climb, the ripple effects are being felt across the economy, with many Ugandans saying the pressure is now hitting their daily livelihoods.

From boda boda riders and taxi operators to market vendors, many say increasing fuel costs are significantly affecting their businesses and reducing their earnings.

For boda boda riders, fuel accounts for a substantial portion of their daily operational expenses.

Many say they are spending more money to keep their motorcycles on the road while struggling to maintain affordable transport charges for customers.

The situation is no different for taxi operators, who say rising fuel prices have increased operational costs and reduced profit margins.

Some drivers say they fear increasing transport fares because higher charges could drive passengers to alternative means of transport, including boda bodas.

The impact is also being felt in local markets, where traders say transport costs are pushing up the prices of goods delivered from different parts of the country.

Vendors explain that higher transport expenses are ultimately passed on to consumers, making essential commodities more expensive.

Another trader says the increasing cost of doing business is affecting both sellers and buyers, with many customers now purchasing fewer goods due to financial constraints.

Economists note that fuel is a key driver of economic activity, meaning changes in fuel prices often affect transportation, trade, production, and the overall cost of living.

With Uganda expected to produce its first oil by July 31, according to the Ministry of Energy and Mineral Development, expectations are high that the country's oil resources will help reduce dependence on imported petroleum products and strengthen the economy.

But for now, as fuel prices continue to ripple through every sector from transport and trade to household spending, many Ugandans say the true measure of success will not be the first barrel of oil but whether it ultimately makes life more affordable for ordinary citizens.