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Tag Archives: umeme

Umeme’s licence renewal

BOD Chairman Patrick Bitature says negotiations to be concluded before end of year Kampala, Uganda | JULIUS BUSINGE | Patrick Bitature is a top businessman and entrepreneur in Uganda with interests in the energy, telecommunication, real estate, mining and hospitality sectors. He has earned respect by chairing boards of several …

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Umeme to appeal ERA’s tough performance parameters

Kampala, Uganda | THE INDEPENDENT | Umeme says it will appeal tough performance parameters set by Electricity Regulatory Authority Umeme Limited has said it will appeal the performance parameters set by the sector regulator, Electricity Regulatory Authority-ERA. ERA set performance parameters for Umeme for the next seven years in the modification …

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ERA, Umeme at crossroads after licence modification

Kampala, Uganda | THE INDEPENDENT | The modification of the Operation License of Umeme by Electricity Regulatory Authority (ERA) has left company officials non-committal to quality and reliable electricity supply in coming years. The modified license which came into effect last Friday set new investment and performance parameters for Umeme. …

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Umeme’s surprise profit growth

 Company expects more revenue from government’s free connection policy Kampala, Uganda | JULIUS BUSINGE | Power distributor, Umeme Limited recorded a 70% jump in profit after tax for the year ended December 2018 compared to the previous year. This came after the company settling a conflict regarding a specific clause …

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UMEME courts local leaders to curb vandalism, power theft

Kampala, Uganda | THE INDEPENDENT | Umeme, Uganda’s main electricity service provider has started building ties with local leaders in greater Kampala to curb power theft and vandalism of transmission lines and transformers. The plan was unveiled in a meeting between Umeme officials and local council one-LCI leaders from Kampala East …

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UMEME: Power consumption increased by 9% in 2018

  Kampala, Uganda | THE INDEPENDENT | Electricity consumption in Uganda increased by 9.1 per cent in 2018, according to Umeme, the country’s major power service provider. According to Umeme’s financial results for 2018 published Monday,  the electricity distributers sold 3,011 Gigawatt hours of electricity from the 2017 out-turn of …

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Umeme earns extra sh1.4 trillion in 2018

⬆ Customer connections – 1.3M ⬆ Electricity Sales by 9.1% -Ugx1.6Trillion ⬆ EBITDA by 8.9% -Ugx354 billion ⬆ Net Cash Flow from Operations by 31% -Ugx395 billion ⬆ Capital Investments Ugx231 billion Kampala, Uganda | THE INDEPENDENT | Uganda’s main electricity distribution company Umeme have registered growth in several sectors in financial performance for …

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UMEME loses ugx 900m in northern Uganda power outages

Kampala, Uganda | THE INDEPENDENT | More than 900 million Shillings has been lost by the UMEME due to power outages in Northern Uganda in a space of eight months. The northern Uganda towns of Gulu, Lira, and Kitgum, among others, have faced dire power outages in the recent past, mainly …

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Power tariffs drop

  Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s Electricity Regulatory Authority has slightly reduced the electricity tariffs for the first quarter of 2019 compared with preceding quarter but not enough to stimulate industrial growth. The latest consumer tariff schedule shows that domestic consumers will now pay Shs718.9, down from Shs …

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