admin | May 9, 2016
The price of oil reached a 13-year low in February, affecting the economies of African oil producers like Nigeria and Angola.
But falling prices have not translated into cheaper gas or transportation costs, further stressing farmers already dealing with drought and low farm prices.
Harriet Namakula is a fruit seller in Gayaza, Uganda. Much of her business depends on transportation. The 40-year-old farmer says the $4 daily fare she pays to transport her 250-pound sack of fresh mangoes to market has not dropped.
She adds, “If I miss the first truck, I may be charged even more…. We hear oil prices are dropping, but for us in Uganda, nothing has changed.”
To read the full article, go to: http://www.bdlive.co.za/africa/africanbusiness/2016/04/29/african-farmers-get-no-relief-at-petrol-pump-despite-plunge-in-oil-prices