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Tag Archives: umeme

Umeme share sheds 85% value ahead of loss announcement

Kampala, Uganda | URN | Umeme Limited’s shares have lost about 85 percent of their value since the electricity distributor handed over its concession to the government in March 2025, making the stock one of the worst-performing counters on the Uganda Securities Exchange (USE) and the Nairobi Securities Exchange (NSE). …

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NSAMBA TO UEDCL: Ugandans are not seeing progress

Kampala, Uganda | URN | Legislators have put the Uganda Electricity Distribution Company Limited (UEDCL) on the spot over persistent delays in connecting Ugandans to the national grid and the continued power blackouts across the country. According to the Chairperson of the Public Accounts Committee (Central Government), Patrick Nsamba, UEDCL …

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Ex-Umeme employees wanted over power infrastructure vandalism

Luwero, Uganda | URN | Police in Luwero District are hunting two former employees of the defunct power distributor Umeme over their alleged involvement in vandalizing electricity infrastructure across the Savannah Region. The suspects, identified only as Isma and Juma, previously worked for Umeme in the Greater Luwero area and …

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Legal battle as Uganda takes back the power

The return of electricity distribution to state hands has sparked a dispute with the private company that was ousted ANALYSIS | LIAM TAYLOR | Umeme, an electricity distribution company, announced on 2 June that it will take its quarrel with the Ugandan government to an arbitration court in London, after weeks …

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MTN Uganda, Umeme dominate stock markets growth

Kampala, Uganda | THE INDEPENDENT | The Capital Markets Authority (CMA) and Uganda Securities Exchange (USE) report continued growth of the stock market in Uganda, with the sector recovering from the lagging effects of the COVID-19 period. This has also come with an increase in the return on investments of …

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100 Days of UEDCL: Big promises, blackouts, and boiling frustrations

Kampala, Uganda | THE INDEPENDENT | As the Uganda Electricity Distribution Company Limited (UEDCL) marks 100 days since taking over the national power distribution network from Umeme, the company is touting reforms aimed at improving supply reliability. But for many Ugandans, daily power cuts and unanswered calls paint a very …

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Ghana’s search for Umeme

    How this West African country is looking to the success Uganda has just destroyed to solve its electricity crisis THE LAST WORD | Andrew M. Mwenda | I am in Accra, Ghana, and this country is trying to reform its energy sector. To be specific, they are looking for an investor …

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No white smoke yet from Umeme-Govt talks in London

Kampala, Uganda | THE INDEPENDENT | Talks between the electricity distribution company, Umeme Ltd, and the government of Uganda have failed to bear fruit, forcing the former to pursue legal means to recover the money it claims is owed by the state. Following the end of Umeme’s 20-year concession and …

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