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Tag Archives: electricity

Power cuts return to South Africa

  Johannesburg, South Africa | AFP |  South Africa’s electricity utility Eskom at the weekend resumed power outages, citing a “vulnerable” generating system, just weeks after implementing the severest rationing in recent times. The debt-laden company which generates around 95 percent of the country’s electricity, on Sunday said the cuts …

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Electricity generation company in record Shs24bn profit

Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited (UEGCL) announced on Dec.17 that it had made a net profit of Shs24.7bn for the financial year 2018/19, up from a loss of Shs10.8bn a year before. Officials said the profit, the first since the company’s inception in 2001, …

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Umeme secures $70m for investments in the distribution network

Kampala, Uganda | THE INDEPENDENT | Uganda’s electricity distributor, Umeme Limited has secured a $70m (Ushs .258 billion) funding to support its planned investments in the electricity distribution network. The International Finance Corporation (IFC) was the lead-arranger in the syndicate including Stanbic Bank Uganda Limited, Standard Chartered Bank and the …

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Scientists to harness the sun to break down plastic

  Singapore, Singapore | AFP | Scientists said Wednesday they have come up with an environmentally-friendly method that uses artificial sunlight to transform plastic into power-generating chemicals, as countries worldwide battle to reduce waste. Huge quantities of plastic have piled up on land and been dumped in the sea across the …

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IEA Africa energy report paints bright future

  Kampala, Uganda | THE INDEPENDENT  | The reports says Africa’s natural resources aren’t limited to sunshine and other energy sources. It also possesses major reserves of minerals such as cobalt and platinum that are needed in fast-growing clean energy industries. Africa is set to become increasingly influential in shaping global …

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Uganda abandons hydro project near Murchison Falls

  Kampala, Uganda | AFP |  Uganda has scrapped plans to construct a hydro power station near Murchison Falls, an official said Wednesday, a project tourism operators had warned would irreversibly scar one of East Africa’s natural wonders. Cabinet agreed the proposed 360-megawatt project on the Victoria Nile in Murchison …

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