KAMPALA, UGANDA | THE INDEPENDENT | The Uganda Electricity Distribution Company Limited (UEDCL) is set to use up to Shs43.3 billion (USD 118 million) in its operations over the next nine months, according to the Electricity Regulatory Authority (ERA). The revelation was made by ERA Executive Director Zilia Wako during the …
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COMMENT | GUEST COLUMNIST | I watched a news report on TV on April 10, 2025 that left me with more questions than answers. In the report, Uganda Electricity Distribution Company Limited (UECDL) Managing Director Paul Mwesigwa (see video below) made several assertions and allegations that deserve a response. He …
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Umeme Share Trading Ban Extended for a Month Over Buyout Dispute Kampala, Uganda | THE INDEPENDENT & URN | Former Uganda electricity distributors Umeme has officially disagreed on a buy out amount of $118million given to them by government. They earlier stated they had expected to be paid $234, and …
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Kampala, Uganda | THE INDEPENDENT | Umeme’s Head of Legal Services, Lawyer Allan Rwakakooko, has disclosed that the power distributor is currently entangled in about 80 pending court cases across various courts.The development comes just days after the expiry of Umeme’s 20-year electricity distribution concession, which commenced on March 1, …
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Energy Minister Nankabirwa promises to have a smooth handover, resolve Umeme buy out Kampala, Uganda | THE INDEPENDENT & URN | Umeme Limited on Monday finally relinquished assets and the control of electricity distribution in the country. Electricity distribution was reverted to Uganda Electricity Distribution Company Limited (UECDL) under the …
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I hope on the morning of 2nd April, not 1st April ( it’s fools day), you will gather your loved ones over a meal and proudly tell them you built this republic with integrity. When you do, tell them Umeme was NSSF’s Cash cow, and that Social Security is not …
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Kampala, Uganda | THE INDEPENDENT | Exiting electricity distributors Umeme Limited have issued a statement today stating they will accept a buy out amount of $118million despite expecting to be paid $234. They have notified government they will appeal against the figure. The statement also states that they have been compelled by …
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How this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in the dark THE LAST WORD | Andrew M. Mwenda | On Monday March 31, 2025, the Umeme concession will come to an end. Its assets will revert to their owner, UEDCL. It is possible UEDCL will manage the …
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KAMPALA, UGANDA | THE INDEPENDENT | Government has revised the loan request to buy out electricity distribution company, UMEME, from over US$190 million, to over US$118 million. This was contained in the Special Audit Report for the end of lease and assignment between UMEME Limited and Uganda Electricity Distribution Company …
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“The Buy Out Amount must be paid within 30 days following the end of the concession term, specifically by 31st March 2025. If the payment is not received by this deadline, penal interest will be applied as stipulated in the Concession Agreements.” Kampala, Uganda | THE INDEPENDENT | Exiting electricity …
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The Independent Uganda: You get the Truth we Pay the Price
