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Tag Archives: electricity

Umeme investment in power distribution infrastructure paying off

Kampala, Uganda | THE INDEPENDENT | Umeme Limited Nov.16 held a media dialogue to highlight the utility’s investments in the power distribution infrastructure. Speaking at the event, Managing Director Selectino Babungi said Umeme had cumulatively invested over $500m in the distribution network. He revealed that the investments have led to the doubling …

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Inside Umeme’s Shs47.5bn loss

  UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet  Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five  years ago. …

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China merges energy giants into global leader

Beijing, China | AFP | Chinese authorities have approved a mega-merger between the country’s largest coal producer and a top electricity firm, the government said Monday, reportedly creating the world’s biggest power company in terms of capacity. The tie-up between the two state-owned companies — coal producer Shenhua Group Corp. and …

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Egypt delivers fuel to ease Gaza electricity crisis

Rafah, Palestinian Territories | AFP |  Egypt began on Wednesday to deliver a million litres of fuel to Gaza, a Palestinian official said, in an attempt to ease the Palestinian enclave’s desperate electricity crisis. The fuel, trucked in through the Rafah border between Egypt and Gaza, will be routed to …

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ECONOMY: Museveni optimistic Kasaija’s budget will deliver

President Yoweri Museveni has reassured the country that recent investments in infrastructure across the country is the right foundation needed for the country’s economy to boom again. “I am very optimistic because for the first time we have got a base which we have not had before,” Museveni said in his remarks …

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UMEME blames power outages on climate change at AGM

Uganda power distributor Umeme Limited has attributed the constant power outages that leave hundreds of Ugandans in the dark to global warming. During a stakeholders’ Annual General Meeting (AGM) at Sheraton Hotel on Thursday, Chairman Board of Directors Patrick Bitature said the national electricity grid could not handle increasingly stronger …

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Rwanda to pilot India innovations

Rwanda is to host an India Innovation Growth Programme for the East African region, according to an agreement signed between the two countries on Feb. 20 in Kigali. Under the agreement, the India-Rwanda Innovation Growth Program is being launched to enable India expand ties in science, technology and innovation between …

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