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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Kampala, Uganda | THE INDEPENDENT | Despite a presidential directive to charge manufacturers $5 per unit of electricity consumed, industrialists are advised to remain patient, as the subsidy is still hindered by technical challenges years after the directive was issued. The directive, which is intended to reduce operational costs for …
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JOHANNESBURG | Xinhua | South African President Cyril Ramaphosa signed the Electricity Regulation Amendment Act into law on Friday, clearing the way for significant reforms in the country’s energy sector. The new legislation was aimed at addressing the country’s long-standing power outage challenges by far-reaching reforms, including establishing a competitive …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament have called on government to improve access to electricity in rural areas across the country to boost value-addition in the agriculture sector. They made the call while debating a report by the Committee on Agriculture, Animal Industry and Fisheries on the status …
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Kampala, Uganda | THE INDEPENDENT | The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves, and increasing uptake of technologies that run on electricity such as Electric vehicles and heat pumps. Despite the enduring impacts of the global energy …
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However, the government owes KRECS Shs700 million for funding new connections. Kampala, Uganda | THE INDEPENDENT | State-owned Uganda Electricity Distribution Company Ltd (UEDCL) has officially taken control of Kyegegwa Rural Electricity Cooperative Society (KRECS) Limited, a key player in power distribution across several central districts, firming its grip on the …
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Soroti, Uganda | THE INDEPENDENT | Teso sub-region now has hope for electricity access to households, commercial enterprises and public institutions thanks to the Access Scale-up Project (EASP) launched by Energy and Mineral Development Minister Ruth Nankabirwa. The project valued at USD 638 million and funded by the World Bank is …
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The company’s procurement list includes electricity poles, transformers, office equipment, cables, and various services Kampala, Uganda | JULIUS BUSINGE | The Uganda Electricity Distribution Company Limited (UEDCL) is gearing up for an increase in operations and procurement, projecting a significant rise in annual spending from the current average of Shs50 billion. …
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CAIRO, EGYPT | Xinhua | Egypt seeks to establish power interconnection with Europe to export electricity to European countries, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker said Tuesday. Shaker made the remarks during a meeting with Gordon Dickie, chairman of IM Power, to discuss ways to boost cooperation …
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Mad Okollo, Uganda | THE INDEPENDENT | The lack of electricity and low supply of Cotton by farmers has rendered Rhino Camp Cotton Ginnery in Mad Okollo district idle. The facility which is located in Rhino Camp Town Council has in the past been used to turn cotton into lint after …
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