⬆ Customer connections – 1.3M ⬆ Electricity Sales by 9.1% -Ugx1.6Trillion ⬆ EBITDA by 8.9% -Ugx354 billion ⬆ Net Cash Flow from Operations by 31% -Ugx395 billion ⬆ Capital Investments Ugx231 billion Kampala, Uganda | THE INDEPENDENT | Uganda’s main electricity distribution company Umeme have registered growth in several sectors in financial performance for …
Read More »World’s worst power cuts since 2000
Paris, France | AFP | Massive electricity blackouts, like the one which ground much of Venezuela to a halt on Friday, have struck several times around the world since the beginning of the 21st century. – Latin America – Venezuela previously experienced a power outage on September 3, 2013, which …
Read More »Karuma, Isimba and electricity tariffs
New investors could trigger a drop in electricity costs Kampala, Uganda | ISAAC KHISA | Uganda’s planned commissioning of the multi-million dollar Isimba and Karuma Hydropower projects on the downstream of River Nile is expected to put government on the spot as sector players expect electricity tariffs to reduce. The …
Read More »S.Africa imposes severe power cuts ahead of election
Johannesburg, South Africa | AFP | South Africa on Monday introduced its most severe electricity rationing in nearly five years, presenting President Cyril Ramaphosa with a major political challenge just months ahead of a May general election. The debt-laden state power utility Eskom is at the centre of the country’s …
Read More »MPs recommend additional ugx 334bn to boost electricity use
Kampala, Uganda | THE INDEPENDENT | The Natural Resources committee of parliament has recommended an extra Shillings 334 billion for electricity transmission, generation and distribution projects to utilize excess power. In its report to Parliament, the committee recommends that government allocates an additional Shillings 60 billion to the Rural Electrification Agency …
Read More »Uganda’s big China debt
CHINA: Minister of Finance Kasaija’s secret letter to Museveni Kampala, Uganda | THE INDEPENDENT TEAM | When, on October 18, 2018, Uganda signed an agreement with China for a US$212.6 million loan (Approx. Shs78 billion) for rural electrification, the issue of Uganda’s increasing debt and the unfair terms of some …
Read More »Power tariffs drop
Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s Electricity Regulatory Authority has slightly reduced the electricity tariffs for the first quarter of 2019 compared with preceding quarter but not enough to stimulate industrial growth. The latest consumer tariff schedule shows that domestic consumers will now pay Shs718.9, down from Shs …
Read More »Uganda’s electricity boom
New generations could trigger a drop in tariffs Kampala, Uganda | JULIUS BUSINGE | Uganda government is expected to commission Isimba and Karuma hydropower dams this year as one big step towards boosting the elec¬tricity supply in the country. The commissioning of the two hydro¬power plants with a combined capacity of …
Read More »Major power blackout hits South Western Uganda districts
Kampala, Uganda | THE INDEPENDENT | A major power blackout has hit several Southwestern districts for over 24 hours crippling business. The blackout, which started on Sunday morning, has affected Ntungamo, Rukiga, Kabale, Rubanda, Rukungiri, Kanungu and Kisoro districts. In Ntungamo and Kabale districts, the outage has triggered water shortage …
Read More »Electricity tariffs drop
Kampala, Uganda | THE INDEPENDENT | Electricity Regulatory Authority has reduced power tariffs for consumers due strengthening shilling and easing inflation. The domestic consumer tariff has been reduced by Shs 0.5 from Shs 769.5 shillings of the 2018 fourth quarters to Shs 769 of the first quarter of 2019. The average …
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