Plan will support government’s development targets relating to electricity distribution countrywide Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Distribution Company Limited is seeking US$3.1million (approx. Shs11billion) to start construction of its mega pole production plant in Wakiso District. Paul Mwesigwa, the managing director for UEDCL said on Aug.17 that …
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Company executives are optimistic the remaining half will see a surge in power sales, profitability as government relaxes COVID-19 lockdown Kampala, Uganda | ISAAC KHISA | Uganda’s electricity distributor, Umeme, is now pinning its profit growth on the remaining six months of the reporting year following government’s move to ease …
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Kampala, Uganda | THE INDEPENDENT | Power distributor Umeme saw its after-tax-profits fall by 64 per cent with the revenues affected by low demand for electricity and payments during the coronavirus lockdown. Umeme said in its half-year financials published today that the company’s profits had dropped to 22 billion Shillings in …
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Kampala, Uganda | THE INDEPENDENT | Uganda on Thursday suffered a fourth nationwide blackout in five months, raising concerns about the state of the sector. According to energy experts, the insistent nationwide blackouts raise questions on the stability of the country’s power supply and but also on whether the technical …
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Market executives anticipate good performance as COVID-19 threat is minimized Kampala, Uganda | JULIUS BUSINGE | Trading in the second quarter of 2020 at the Uganda Securities Exchange registered a tremendous decline as Uganda’s equity markets continued to feel the impact of COVID-19 pandemic, according to the quarterly bulletin for …
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Kampala, Uganda | THE INDEPENDENT | Relatives of one of the two men who were electrocuted in Mukono town this week while working on a transformer have pitched camp at the Umeme offices demanding for justice. Moses Kasiita was working together with Jacob Mutalaga on a transformer in Wantoni trading …
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Mukono, Uganda | THE INDEPENDENT | Two workers of Umeme limited have been electrocuted while on duty at Wantoni trading centre in Mukono town. The two identified as Moses Kasiita and Jacob Mutalaga were repairing power lines in the trading centre. One of the eyewitnesses, Faizal Kigenyi says the workers had …
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Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga on Thursday directed the Minister of Energy and Mineral Development to present a statement regarding the development of halting free electricity connections across the country. Kadaga demanded that the Minister Mary Kitutu appears before the House in the next …
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Kampala, Uganda | THE INDEPENDENT | Uganda saw a dramatic fall in the consumption of electricity in the last two months with officials saying this impacted on the amount of money collected to pay for such activities as generation and transmission. Robert Kasande, the permanent secretary of Ministry of Energy …
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Jinja, Uganda | THE INDEPENDENT | Uganda Electricity Generation Company Limited (UEGCL), Umeme and Uganda Electricity Transmission Company Limited (UETCL) have apologized for a power blackout that delayed President Yoweri Musevehi’s speech on COVID-19 today. “We regret the national power blackout occasioned by a huge floating water weed island …
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