Kampala, Uganda | THE INDEPENDENT | Members of Parliament have questioned President Museveni’s decision of directly sourcing contractors for the Karuma, Isimba and Ayago Hydro power dams. MPs on the Physical infrastructure committee on Wednesday met the Minister of State for Energy Simon D’Ujanga over the Isimba dam bridge saga. About …
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Isimba and Karuma power stations are expected to boost its earnings Kampala, Uganda | JULIUS BUSINGE | Officials at Uganda Electricity Generation Company Limited (UEGCL) are hoping to record improved performance after posting the first net profit in 18 years. The company reported at the end of last year that …
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But 2021 general election might affect pace of growth Kampala, Uganda | ISAAC KHISA AND PATRICIA AKANKWATSA | Companies, businesses and ordinary folks are cautiously optimistic that 2020 will be a better year though projections point to a rough business terrain owed to the much anticipated competitive 2021 election campaigns. …
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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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Kampala, Uganda | THE INDEPENDENT | The Minister for Energy and Mineral Resources Irene Muloni has refuted allegations that sh24 billion meant for the construction of a bridge at Isimba Dam was swindled. Last week, the Speaker of Parliament Rebecca Kadaga told MPs that the funds were embezzled by Ministry …
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The Uganda Electricity Generation Company Limited in partnership with government and development partners is working to train all its 100 staff in the Operation and Maintenance Unit to be able to run the power dams. Kampala, Uganda | JULIUS BUSINGE | These dams in question include; the newly commissioned 183MW …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Public Accounts Committee (PAC) on Friday tasked Ministry of Energy officials to explain the omission of payment for rock in the contract for construction of Isimba and Karuma Hydro Power Dams. The officials led by the Permanent Secretary Robert …
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Govt proposal to build a sixth power dam on the Nile kicks up storm Kampala, Uganda | RONALD MUSOKE | Murchison Falls, one of River Nile’s remaining spectacular waterfalls tops the “bucket list” of iconic sceneries in Uganda that hundreds of thousands of tourists covet when they visit the country. …
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There is good news for Uganda which is investing heavily in the energy sector development projects to support economic activities. | THE INDEPENDENT | On June 14, Uganda was formally elected as the 101 member of the International Commission on Large Dams (ICOLD). This was announced at the ICOLD’s 87th …
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BOD Chairman Patrick Bitature says negotiations to be concluded before end of year Kampala, Uganda | JULIUS BUSINGE | Patrick Bitature is a top businessman and entrepreneur in Uganda with interests in the energy, telecommunication, real estate, mining and hospitality sectors. He has earned respect by chairing boards of several …
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