Freight Forwarders raise alarm over rising fuel prices Amid Global Instability

The Uganda Freight Forwarders Association has expressed growing concern over escalating fuel prices, warning that the trend could significantly disrupt operations, particularly the transportation of goods across the country.

According to the association, the surge in fuel costs is being driven in part by global instability, including ongoing geopolitical tensions in regions such as Iran, which continue to strain international fuel supply chains and push prices upward.

Industry players fear that if the situation persists, it could lead to increased costs of doing business and ultimately impact the prices of goods on the domestic market.

The concerns were highlighted during the presentation of the association’s annual report and financial statements for the year that ended in December 31, 2025. Leaders noted that while the operating environment has become increasingly challenging, the sector has demonstrated notable resilience.