Tag Archives: umeme

VIDEO: UMEME continued their nationwide operation to halt illegal connections and power theft by raiding Bwaise this week. The operation  in Bwaise, left many areas in the Kampala suburb in darkness following several shut downs by power distribution company UMEME, as they intensified their operation to crackdown on power theft and illegal connections. These vices according …

Uganda’s Electricity Regulatory Authority (ERA) has announced new electricity end user tariffs with a reduction, implying that consumers in all categories will pay less in the fourth quarter October to December 2016. According to a statement from ERA, the reduction in the tariffs is as a result of a reduction …

Electricity distributor, Umeme is set to receive a $25 million loan from the International Finance Corporation (IFC) to fund the expansion and upgrade of its distribution network. This is second time that the electricity utility firm is receiving a loan from the world’s financial institution after it received $70million in …

UMEME: NSSF to reap Shs 2.5 billion in dividend payment for first half of 2016 Utility company Umeme has released their 2016 half year results, which indicate that there was a significant revenue growth but an attendant rise in cost of sales means that there will be less profits for …

COMMENT: David Birungi Why should the leaders of the digital revolution suffer over Uganda’s electricity demand growth rigidities? At the recently concluded Daily Monitor Thought Leader’s Forum themed around the global `Digital Revolution’, I was amazed by the revolution of HelloFood, an Online Food delivery business. According to the CEO …

New report shows access to electricity has risen but complaints about poor service delivery persist Paraffin users 84% to 47 % Electricity users 10% t0 26% Solar users 0.2% to 25% Electricity available 19.4 hours daily People who think power tariffs affordable 54% The proportion of Ugandans who use paraffin …

SN Power Company from Norway are set to take over the development of the Bujagali hydro-power station in Jinja from SITHE GLOBAL Company. The Norwegian hydro power investors led by the Chief Executive Officer of SN Power Company Torger Lien on Thursday briefed President Yoweri Museveni on their plans. Museveni assured …

By Andrew M. Mwenda How improved performance of the two companies tends to attract increasing hostility from parliament and the public The Members of Parliament in Uganda, supported by a loud section of our chattering elite class, seem determined to hold to wrong things dearly even in the face of …

  By Rugaba Agaba Game changer or game over for Uganda? The Independent’s cover: “Inside Umeme shares deal: Energy sector attracts big money, investor makes Shs 200 billion” (Issue 318, May 23, 2014) covered the Secondary Public Offer (SPO) by national electricity distributor, Umeme Ltd. The story insinuated that the …

By Andrew M. Mwenda Why Uganda should move to privatise NSSF and other remaining publically owned or supervised enterprises Last week, Umeme issued a Secondary Public Offering (SPO) on the Uganda Securities Exchange (USE) to institutional investors (individual investors have their turn this week). The response by the market has …