The utility company saw its net profit more than double to Shs48.2bn Kampala, Uganda | ISAAC KHISA | Lack of clarity on renewal of Umeme’s operating licence in 2025 is limiting its ability to raise more capital and make capital investments in the electricity distribution network. The utility company, which …
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Busia, Uganda | THE INDEPENDENT | Hundreds of Busia municipal residents fled their homes on Monday morning during the crackdown on illegal power consumers. It all started after a team of Umeme officials backed by the police stormed Arubaine, Marachi A, Mbale Kidogo Sofia, Madibira, Nangwe shops, Solo A and Solo …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament have blocked the presentation of a government statement on the performance of Umeme, insisting that it would be a wasted effort because the House already recommended termination of the contract with the power distribution company. Energy Minister Ruth Nankabirwa was scheduled to …
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Kampala, Uganda | THE INDEPENDENT | Electricity distributor Umeme has decided not to pay out any dividends to its shareholders despite the significant recovery in business over the last one year, according to the performance indicators. The unexplained decision comes amidst what the company calls uncertainty created by the delayed government …
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Busia, Uganda | THE INDEPENDENT | Busia police are holding a man suspected to be extorting money from residents in disguise that he works with Umeme. The suspect has been identified as Vincent Ouma, 35 years, a resident of Marachi village in Eastern division of Busia municipality. Ouma is accused of …
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Future performance remains uncertain due to the ongoing COVID-19 lockdown Kampala, Uganda | JULIUS BUSINGE | Stock turnover at the Uganda Securities Exchange recorded a 74% growth in the second quarter of this year to Shs5.9bn compared to the previous session as energy and banking dominated trading. Electricity distributor, Umeme, …
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Lira, Uganda | THE INDEPENDENT | Power distributor Umeme has allowed vendors in Lira main market to install individual yaka meters. The move is aimed at solving the problem of accumulated power bills since each vendor will be responsible for paying for their individual power consumption. Lira main market has been …
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The substation will solve load, demand and power reliability challenges faced by Entebbe township Kampala, Uganda | THE INDEPENDENT | Power distributor Umeme plans to install an additional substation in Entebbe municipality by December this year. This stems from the growing demand for power in the municipality and the need to provide …
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Jinja, Uganda | THE INDEPENDENT | Umeme has reduced the cost of electricity to the domestic user by sh3 and 4 cents per unit effective July, for the next three months. This is after the Electricity Regulatory Authority (ERA) approved new End-User Tariffs to be charged by Umeme Limited for …
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Kampala, Uganda | THE INDEPENDENT | Uncertainty surrounds the electricity industry following continued criticism of the current management regime which has seen all business segments largely managed by private sector companies. Earlier this year, President Yoweri Museveni said that the cost of electricity in Uganda had remained high partly because of …
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The Independent Uganda: You get the Truth we Pay the Price
