COMMENT | GUEST COLUMNIST | I watched a news report on TV on April 10, 2025 that left me with more questions than answers. In the report, Uganda Electricity Distribution Company Limited (UECDL) Managing Director Paul Mwesigwa (see video below) made several assertions and allegations that deserve a response. He …
Read More »UMEME officially disputes $118million Buy Out Amount
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 …
Read More »March 1, 2005 – March 31, 2025: End of the Umeme era
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 …
Read More »A final toast to the last Umeme employees standing
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 …
Read More »🟩Umeme given $118M but will appeal; ordered to hand over
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 …
Read More »The likely future of UEDCL
How this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in the dark THE LAST WORD | Andrew M. Mwenda | On Monday March 31, 2025, the Umeme concession will come to an end. Its assets will revert to their owner, UEDCL. It is possible UEDCL will manage the …
Read More »Govt revises UMEME buyout to $118 million
KAMPALA, UGANDA | THE INDEPENDENT | Government has revised the loan request to buy out electricity distribution company, UMEME, from over US$190 million, to over US$118 million. This was contained in the Special Audit Report for the end of lease and assignment between UMEME Limited and Uganda Electricity Distribution Company …
Read More »🟥 UMEME expects $234 million, Uganda willing to give $118M
“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 …
Read More »Uganda government seizes control of electricity sector
Uganda Electricity Distribution Company Limited to take over from Umeme effective April 1, 2025 Kampala, Uganda | JULIUS BUSINGE | Uganda government is taking a significant step towards securing its energy future with the state-owned Uganda Electricity Distribution Company Limited (UEDCL) set to take over electricity distribution from Umeme, marking the …
Read More »UEDCL gets power distribution license to replace Umeme
Kampala, Uganda | THE INDEPENDENT | Uganda Electricity Distribution Company Ltd (UEDCL) has officially been handed the electricity distribution license ready to replace Umeme Ltd, effective April 1, 2025. Umeme’s 20-year concession ends in March 2025, and UEDCL’s takeover of the distribution mandate is in line with the government’s decision …
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