Uganda: Bus Companies Warn of Collapse Without Government Intervention

Salim Mulumba worked as a bus inspector until he was laid off in June 2021. Now he spends his days resting, preparing for his night shift navigating the dark city roads as a motorbike taxi driver to cover his financial needs.

The Makindye resident borrows the motorbike, commonly known as a boda boda or piki piki, from a friend who doesn't use it at night and joins the estimated 200,000 motorcycle taxi drivers in the capital. He worries for his safety working late at night, so he returns home by midnight, having earned about 10,000 to 20,000 Ugandan shillings -- a fraction of what he earned in his previous job, which paid 800,000 shillings a month.

Despite Uganda discovering oil deposits in 2006, production has yet to start, so the landlocked country relies on fuel imports mainly from the United Arab Emirates, India, Saudi Arabia, the Netherlands and neighboring Kenya, where most of its supply comes through."I was able to pay school fees for my two children with my job as a bus conductor ... but I have been laid off temporarily for the last three months, and I have not had a salary since," Nankunda says.

"Most of the buses you see on the road are making losses," Ddungu says."Most bus companies have temporarily laid off some staff due to the fuel prices."

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uganda: BAT Calls On Govt to Help Fight Illicit TradeBAT Uganda has called upon the Government to ramp up efforts to curb illicit trade in cigarettes, which it says is impacting the sustainability of its business. In its 2022 performance results, the company says it recorded a 6% revenue growth, to Shs99.5 billion.
Source: allafrica - 🏆 1. / 99 Read more »

Big shake-up for companies like MTN, Telkom, Rain and Vodacom: expertFinancial services firm PwC outlines the workforce challenges facing the telecommunications industry.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

DAVID FURLONGER: Can motor companies really go it alone on EVs in South Africa?State incentives are key in persuading consumers to stop buying ICE vehicles — but the local industry is still waiting for policy direction from the government. ClimateScam CarbonTax They are not strong on incentives..... They would rather punish the daylights out of the taxpayer, blame apartheid and expect everyone to buy there own generators to charge their electric cars.....
Source: FinancialMail - 🏆 20. / 63 Read more »

Ugandan civil rights group condemns Museveni's remarks about LGBTQI community - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Uganda Key Populations Consortium, expressed dismay at President Yoweri Museveni who lashed out at the Western countries for criticising his country for passing a Bill that is likely to impact the rights of the LGBTQI+ community in Uganda. Shame
Source: SABCNews - 🏆 37. / 51 Read more »

Demand for Jojo tanks and boreholes increase - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.There has been a steep increase in requests for boreholes and JoJo tanks by households and companies in the past twelve months. Companies in the industry say demand for alternative water supply will continue to increase if water scarcity remains a challenge.
Source: SABCNews - 🏆 37. / 51 Read more »