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Tag Archives: UETCL

No dividends for Umeme shareholders

The electricity firm H1 profits increased by 33% to Shs64bn | THE INDEPENDENT | Electricity distributor, Umeme, has withheld payment of an interim dividend to its shareholders despite recording a 33% growth in profit after tax to Shs64bn for the six months period ending June.30. The company executives said, the …

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UETCL unveils 11 member junior board to groom future leaders

Kampala, Uganda | THE INDEPENDENT | The board and management of Uganda Electricity Transmission Company Limited has (Aug.26) launched a junior board as part of its five year corporate business plan 2020/21-2024/25. The junior board is comprised of 11 members below the age of 35 years from the engineering, information communication technology, …

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UETCL shakes up management

The move is expected to improve performance at the electricity company that has recently been embroiled in management disputes    Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Transmission Company Limited has appointed Michael Taremwa Kananura as the Acting Chief Executive Officer, replacing George Rwabajungu who served the company in …

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MPs investigate alleged UGX 28 Billion fraud at UETCL

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Environment and Natural Resources Committee are probing allegations of nepotism and mismanagement of 28 Billion Shillings at the Uganda Electricity Transmission Company Ltd-UETCL. Emmanuel Otaala, the Committee chairperson demanded that the company provides a comprehensive report regarding payment of 28 …

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Karuma dam may not meet June deadline: Auditor General

Kampala, Uganda | THE INDEPENDENT | The commissioning of the 600-megawatt hydropower station by the end of 2022, is in doubt as several related programs are far from being concluded. These include substations in different parts of the country as well as transmission lines that are supposed to evacuate the electricity …

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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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Family accuses electricity firm of constructing on disputed land

Kampala, Uganda | THE INDEPENDENT | A family has appealed to authorities to prevail over Uganda Electricity Transmission Company Limited-UETCL, which they accuse of defying a court order not to construct on a piece of land whose ownership is under contestation in courts of law. The angry family members allege that …

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Huge investments to stabilise power supply in Northern Uganda

Kampala, Uganda | THE INDEPENDENT | Northern Uganda has experienced unprecedented growth over the past years which has come along with increasing demand for electricity. Power distributor Umeme and other sector players including Uganda Electricity Transmission Company Limited, Uganda Electricity Distribution Company Limited and Rural Electrification Agency are undertaking critical projects …

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