Kampala, Uganda | THE INDEPENDENT | Members of Parliament have blocked the presentation of a government statement on the performance of Umeme, insisting that it would be a wasted effort because the House already recommended termination of the contract with the power distribution company. Energy Minister Ruth Nankabirwa was scheduled to …
Read More »No dividends for shareholders as Umeme concession uncertainty persists
Kampala, Uganda | THE INDEPENDENT | Electricity distributor Umeme has decided not to pay out any dividends to its shareholders despite the significant recovery in business over the last one year, according to the performance indicators. The unexplained decision comes amidst what the company calls uncertainty created by the delayed government …
Read More »Umeme impersonator arrested in Busia district
Busia, Uganda | THE INDEPENDENT | Busia police are holding a man suspected to be extorting money from residents in disguise that he works with Umeme. The suspect has been identified as Vincent Ouma, 35 years, a resident of Marachi village in Eastern division of Busia municipality. Ouma is accused of …
Read More »Umeme, Stanbic dominate Uganda bourse trading
Future performance remains uncertain due to the ongoing COVID-19 lockdown Kampala, Uganda | JULIUS BUSINGE | Stock turnover at the Uganda Securities Exchange recorded a 74% growth in the second quarter of this year to Shs5.9bn compared to the previous session as energy and banking dominated trading. Electricity distributor, Umeme, …
Read More »Lira market vendors to install individual yaka meters
Lira, Uganda | THE INDEPENDENT | Power distributor Umeme has allowed vendors in Lira main market to install individual yaka meters. The move is aimed at solving the problem of accumulated power bills since each vendor will be responsible for paying for their individual power consumption. Lira main market has been …
Read More »Umeme to install another substation in Entebbe
The substation will solve load, demand and power reliability challenges faced by Entebbe township Kampala, Uganda | THE INDEPENDENT | Power distributor Umeme plans to install an additional substation in Entebbe municipality by December this year. This stems from the growing demand for power in the municipality and the need to provide …
Read More »Umeme reduces electricity tariffs as new Financial year starts
Jinja, Uganda | THE INDEPENDENT | Umeme has reduced the cost of electricity to the domestic user by sh3 and 4 cents per unit effective July, for the next three months. This is after the Electricity Regulatory Authority (ERA) approved new End-User Tariffs to be charged by Umeme Limited for …
Read More »Ministers, PS differ on electricity concessions
Kampala, Uganda | THE INDEPENDENT | Uncertainty surrounds the electricity industry following continued criticism of the current management regime which has seen all business segments largely managed by private sector companies. Earlier this year, President Yoweri Museveni said that the cost of electricity in Uganda had remained high partly because of …
Read More »Rockefeller funded project to light up homes, businesses
Kampala, Uganda | THE INDEPENDENT | A coalition of global energy sector leaders have launched an integrated energy pilot project dubbed ‘The Utilities 2.0 Twaake’ in Uganda with the aim of lighting up homes, businesses. Coordinated by Power for All and funded by The Rockefeller Foundation, the project unites Umeme Ltd, …
Read More »Energy companies unite to deliver cheap electricity, expand access
Twaake is coming in to bridge the gap of delivering clean energy to the households Kampala, Uganda | THE INDEPENDENT | A coalition of global energy sector leaders coordinated by Power for All and funded by The Rockefeller Foundation has launched an integrated energy pilot in Uganda aimed at increasing power …
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