“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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KAMPALA, UGANDA | THE INDEPENDENT | The country is currently facing increase in power outages and load shedding, a situation that has left users calling for an explanation form the responsible authorities. It comes amidst the final transition stages from the expiring 20-year distribution concession held by Umeme Ltd to …
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The UMEME buyout isn’t just a transaction. It’s a test. Of vision. Of sovereignty. Of whether we believe in our people enough to let them own the infrastructure they depend on. COMMENT | APOLLO BUREGYEYA | The government wants to re-acquire UMEME. Price tag: UGX 700 billion. Financing plan? A …
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However, critics have raised concerns about the government’s capacity to manage the distribution network efficiently Kampala, Uganda | THE INDEPENDENT | In a significant move that marks the end of an era, the Ugandan Parliament has approved a $190 million buyout of Umeme Limited’s concession, effectively paving the way for the …
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Uganda Electricity Distribution Company Limited to take over from Umeme effective April 1, 2025 Kampala, Uganda | JULIUS BUSINGE | Uganda government is taking a significant step towards securing its energy future with the state-owned Uganda Electricity Distribution Company Limited (UEDCL) set to take over electricity distribution from Umeme, marking the …
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Kampala, Uganda | THE INDEPENDENT | Uganda Electricity Distribution Company Ltd (UEDCL) has officially been handed the electricity distribution license ready to replace Umeme Ltd, effective April 1, 2025. Umeme’s 20-year concession ends in March 2025, and UEDCL’s takeover of the distribution mandate is in line with the government’s decision …
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Kampala, Uganda | THE INDEPENDENT | Ugandans whose Yaka meters have not been upgraded should not panic as Energy minister, Ruth Nankabirwa says there is still room to have them upgraded. Nankabirwa, while speaking to journalists in Kampala on Tuesday said Umeme and Uganda Electricity Distribution Company Limited (UEDCL) have made …
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The electricity distributor recorded 1.61% decline in profit after tax to Shs 12.99 billion for H1, 2024 Kampala, Uganda | THE INDEPENDENT | Uganda’s electricity distributor, Umeme Limited, has reported a slight decline in profit after tax for the first half of 2024, with earnings down by 1.61% to Shs 12.99 …
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Kabale, Uganda | THE INDEPENDENT | Umeme, the power distributor says consumers in the Kabale should expect stable electricity after the completion of a substation in the neighboring Rubanda district. Ian Namanya, Umeme Operations Manager for the Western Region, said that their engagement with the government indicates that the ongoing construction …
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Gulu, Uganda | THE INDEPENDENT | The Minister for Energy and Mineral Development, Ruth Nankabirwa says the government plans to enter into a joint venture or partnership arrangement to operate the country’s national grid when Umeme Ltd’s concession ends. Umeme Ltd, a private power distributor has been running a 20-year power …
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The Independent Uganda: You get the Truth we Pay the Price
