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Bugisu Cooperative Union sues gov’t over Uganda Vinci Coffee concession

Mbale, Uganda | THE INDEPENDENT | Bugisu Cooperative Union-BCU has unveiled plans to sue the government over the controversial multi-billion coffee concession with Uganda Vinci Coffee Company Limited. This comes almost two weeks after the Minister of Finance, Planning and Economic Development, Matia Kasaija signed an agreement granting Uganda Vinci Coffee …

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Evaluate performance of Umeme – MPs

Kampala, Uganda | THE INDEPENDENT | Members of Parliament have asked the Ministry of Energy and Mineral Development to conduct a study on the status and performance of energy distributor, Umeme as its concession ends. Umeme’s concession granted in 2015 will end in 2025 subject to renewal. The total investments that Umeme …

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Stop scaring Umeme on concession, government cautioned

 Umeme concession talks limits capital mobilization efforts Kampala, Uganda | THE INDEPENDENT | At least eight out of 10 Ugandans want the electricity sector to undergo some kind of reform with a hope that this will improve service delivery, according to a mini-survey. The poll survey featured 161 high net-worth individuals, …

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Concession delays could result in Karuma electricity losses – Umeme

Kampala, Uganda | THE INDEPENDENT | Electricity distributor Umeme has appealed to parliament to review the laws that affect the power sector, especially those that directly affect the pricing of power to the final consumer. The high cost of electricity and the unstable supply are the major concerns presented by electricity users …

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Gov’t potentially owes UGX 1.5 trillion to Umeme on concession loss

Umeme operates, maintains, upgrades, and expands the electricity distribution system within Uganda Kampala, Uganda | THE INDEPENDENT | Electricity distributor Umeme Ltd is owed by government close to US$400 million (1.5 trillion Shillings), equivalent to a whole month’s national revenue, as investment costs that are yet to be recovered by the company. …

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Gov’t promises to extend Umeme concession

Kampala, Uganda | THE INDEPENDENT | Finance Minister Matia Kasaija says the government is to extend power distributor Umeme’s concession. His revelation ends the uncertainty over Umeme’s future in Uganda’s energy sector as electricity supplier. Kasaija in his 2019/20 financial year budget speech however said the concession with Umeme Limited …

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