Umeme Share Trading Ban Extended for a Month Over Buyout Dispute Kampala, Uganda | THE INDEPENDENT & URN | Former Uganda electricity distributors Umeme has officially disagreed on a buy out amount of $118million given to them by government. They earlier stated they had expected to be paid $234, and …
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KAMPALA, UGANDA | THE INDEPENDENT | Uganda will require at least 23 trillion Shillings to establish the infrastructure necessary to achieve universal access to electricity by 2040, the State Minister for Energy, Sidronious Okasaai Opolot, has revealed. Speaking to URN on the sidelines of the Energy Access Investment Forum (EAIF) …
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Kalisiiso , Uganda | THE INDEPENDENT | All seed secondary schools across the country will shortly be connected to the hydro-electric power line to support digital-based learning, the Minister for Energy and Mineral Development has committed. Ruth Nankabirwa, the Minister for Energy and Mineral Development, revealed that as a priority, …
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KAMPALA, UGANDA | THE INDEPENDENT | Uganda Electricity Distribution Company Limited (UEDCL) now controls the country’s electricity distribution network with the end of the 20-year Umeme concession. UECDL’s management under Paul Mwesigwa not only takes charge of the 170,000 transformer zones and 34000 kilometers of lines. It also inherits a …
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Energy Minister Nankabirwa promises to have a smooth handover, resolve Umeme buy out Kampala, Uganda | THE INDEPENDENT & URN | Umeme Limited on Monday finally relinquished assets and the control of electricity distribution in the country. Electricity distribution was reverted to Uganda Electricity Distribution Company Limited (UECDL) under the …
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I hope on the morning of 2nd April, not 1st April ( it’s fools day), you will gather your loved ones over a meal and proudly tell them you built this republic with integrity. When you do, tell them Umeme was NSSF’s Cash cow, and that Social Security is not …
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Kampala, Uganda | THE INDEPENDENT | Exiting electricity distributors Umeme Limited have issued a statement today stating they will accept a buy out amount of $118million despite expecting to be paid $234. They have notified government they will appeal against the figure. The statement also states that they have been compelled by …
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“The Buy Out Amount must be paid within 30 days following the end of the concession term, specifically by 31st March 2025. If the payment is not received by this deadline, penal interest will be applied as stipulated in the Concession Agreements.” Kampala, Uganda | THE INDEPENDENT | Exiting electricity …
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Kampala, Uganda | THE INDEPENDENT | The National Unity Platform (NUP) rally at Kawempe Muslim Primary School playground on Monday evening ended prematurely when the power suddenly went off as the party president, Robert Kyagulanyi Ssentamu was addressing the crowd. Earlier, NUP leaders and supporters clashed with security operatives, who fired …
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The objective is to integrate South Sudan into the East African Power Pool network to address electricity shortages and problems associated with reliability and affordability of electricity supply in South Sudan. Abidjan, Ivory Coast | THE INDEPENDENT | The Board of Directors of the African Development Fund has approved several …
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The Independent Uganda: You get the Truth we Pay the Price
