Kampala, Uganda | THE INDEPENDENT | Umeme’s Head of Legal Services, Lawyer Allan Rwakakooko, has disclosed that the power distributor is currently entangled in about 80 pending court cases across various courts.The development comes just days after the expiry of Umeme’s 20-year electricity distribution concession, which commenced on March 1, …
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Energy Minister Nankabirwa promises to have a smooth handover, resolve Umeme buy out Kampala, Uganda | THE INDEPENDENT & URN | Umeme Limited on Monday finally relinquished assets and the control of electricity distribution in the country. Electricity distribution was reverted to Uganda Electricity Distribution Company Limited (UECDL) under the …
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I hope on the morning of 2nd April, not 1st April ( it’s fools day), you will gather your loved ones over a meal and proudly tell them you built this republic with integrity. When you do, tell them Umeme was NSSF’s Cash cow, and that Social Security is not …
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Kampala, Uganda | THE INDEPENDENT | Exiting electricity distributors Umeme Limited have issued a statement today stating they will accept a buy out amount of $118million despite expecting to be paid $234. They have notified government they will appeal against the figure. The statement also states that they have been compelled by …
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How this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in the dark THE LAST WORD | Andrew M. Mwenda | On Monday March 31, 2025, the Umeme concession will come to an end. Its assets will revert to their owner, UEDCL. It is possible UEDCL will manage the …
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KAMPALA, UGANDA | THE INDEPENDENT | Government has revised the loan request to buy out electricity distribution company, UMEME, from over US$190 million, to over US$118 million. This was contained in the Special Audit Report for the end of lease and assignment between UMEME Limited and Uganda Electricity Distribution Company …
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“The Buy Out Amount must be paid within 30 days following the end of the concession term, specifically by 31st March 2025. If the payment is not received by this deadline, penal interest will be applied as stipulated in the Concession Agreements.” Kampala, Uganda | THE INDEPENDENT | Exiting electricity …
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KAMPALA, UGANDA | THE INDEPENDENT | The country is currently facing increase in power outages and load shedding, a situation that has left users calling for an explanation form the responsible authorities. It comes amidst the final transition stages from the expiring 20-year distribution concession held by Umeme Ltd to …
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The UMEME buyout isn’t just a transaction. It’s a test. Of vision. Of sovereignty. Of whether we believe in our people enough to let them own the infrastructure they depend on. COMMENT | APOLLO BUREGYEYA | The government wants to re-acquire UMEME. Price tag: UGX 700 billion. Financing plan? A …
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However, critics have raised concerns about the government’s capacity to manage the distribution network efficiently Kampala, Uganda | THE INDEPENDENT | In a significant move that marks the end of an era, the Ugandan Parliament has approved a $190 million buyout of Umeme Limited’s concession, effectively paving the way for the …
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The Independent Uganda: You get the Truth we Pay the Price
