Tag Archives: umeme

By Haggai Matsiko Minister Muloni warns against forces behind MPs demand for cancellation of electricity generation, distribution concessions It is hard to single out a Managing Director in Uganda, who has had as rough a time as Charles Chapman’s four years at Umeme, the country’s major power distributor. In just …

By Andrew M. Mwenda Why Parliament and government should be kept out of business to allow private investors to deliver electricity Two weeks ago, an ad hoc committee of parliament recommended government cancels its contract with Umeme for the distribution of electricity in the country. The committee raises many complaints …

By Julius Businge  Power distributor, Umeme Uganda Limited, in line with its dividend policy has announced an interim dividend of Shs 8 per share approved at its meeting held on Nov. 14, it said in a note released on Nov. 18. The Board of Directors of the Company resolved to …

By Ronald Musoke Maria Kiwanuka, the finance minister has said she expects all electricity users in Uganda to have pre-paid metres within two years as a new measure to check power theft. While speaking to members of the private sector at a post-budget analysis luncheon on June 14, Kiwanuka noted …

By Julius Businge Umeme’s share price has appreciated from Shs 314 a few weeks ago to Shs 345 today (May 6), according to official trading figures released by the Uganda Securities Exchange (USE) on May 6. The figures show that the power distributor company that listed on the USE in …

By Job A. Kahigwa Time to base the domestic electricity consumers charge on Time of Use formula Once again, the Uganda Electricity Regulatory Authority (ERA) board of directors is considering a power tariff increment.  A power price rise is being considered just after huge increments of 69% and 36% for …

By Joan Akello This morning, Umeme, the sole electricity provider launched a promotion to reward customers who have paid their power bills promptly. The promotion dubbed Hero at Zero begins today and will run for 90 days. Mrs. Florence Nsubuga Chief Operations Officer said “The promotion is aimed at reaching …

By Haggai Matsiko Just days after a parliamentary committee recommended termination of its contract over inflated claims, Umeme is set to again raise the cost of electricity to consumers Ugandans have just days to Dec.07 when review of the application from the nation’s sole electricity distributor, Umeme, ends and it …

Kampala, Uganda | Julius Businge | The Umeme Initial Public Offering which closed on Nov. 7 has been oversubscribed by 35% by all categories of investors, officials said on Nov.8. They [officials] from Stanbic bank Uganda-the transaction advisor, African Alliance Uganda-the lead sponsoring broker said more than the 622, 378, 000 shares …

By Jimmy Siya A day to the closure of the Umeme Initial Public Offer (IPO), the sale of shares, David Alderton the Corporate Development Manager announced the intentions of the International Financial Corporation to buy Umeme Shares. The corporate Advisor African Alliance Brokers, William Nyakatura says there has been a …