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Tag Archives: umeme

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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Umeme sensitizes Bugisu communities against power theft

Namisindwa, Uganda | THE INDEPENDENT | As a way of reducing the high number of illegal connections in Bugisu region and country at large, electricity distributor Umeme has launched a sensitization drive against power theft. Speaking during the launch of the campaign at Situmi primary school located in Bukhaweka sub county, …

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Umeme, security agencies to crackdown on vandalism of power lines

Kampala, Uganda | THE INDEPENDENT | Security agencies have launched an offensive against power theft and vandalism of transmission lines and distribution infrastructure. The government has in the past three years intensified investment in the electricity generation, transition and distribution operation throughout the country. But despite these investments, the Ministry of …

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Umeme net profits up

The company’s net profit more than tripled to Shs139bn in 2021 Kampala, Uganda | ISAAC KHISA | Uganda’s electricity distribution firm, Umeme, has seen 2021 net profit more than triple to Shs139bn owed to increase in customer base and electricity sales. This is the similar profit earned in 2019 during …

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NWSC, Umeme disconnect Lukaya market over 3 million arrears

Kalungu, Uganda | THE INDEPENDENT | The newly constructed market in Lukaya town council, Kalungu district has been disconnected by Umeme and National Water and Sewerage Corporation over accumulated arrears. The market owes 1.7 Million Shillings to NWSC, and 1.2 million Shillings to UMEME Limited. The disconnection of the utilities has …

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Evaluate performance of Umeme – MPs

Kampala, Uganda | THE INDEPENDENT | Members of Parliament have asked the Ministry of Energy and Mineral Development to conduct a study on the status and performance of energy distributor, Umeme as its concession ends. Umeme’s concession granted in 2015 will end in 2025 subject to renewal. The total investments that Umeme …

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