The newly introduced Single Customs Territory has been blamed for the current fuel scarcity in the country.
By close of business yesterday there was a shortage of fuel in Kampala causing an increase in the prices from 3,500 to about 3,700 shillings per liter of petro, while the price of diesel increased from 3,400 to about 3,600 shillings per liter at most stations.
The shortage has been attributed to the recent fuel transporters’ strike at the border.
Now the Chairman of Hared Petroleum Bashir Yusuf tells KFM that the new system of clearing goods that requires payment of taxes at Mombasa port is an inconvenience to many.
The single customs territory is an electronic tax payment system that was introduced by the East African community in a bid to ease doing business.
