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Tag Archives: umeme

Lockdown caused drop in power consumption

Kampala, Uganda | THE INDEPENDENT | Uganda saw a dramatic fall in the consumption of electricity in the last two months with officials saying this impacted on the amount of money collected to pay for such activities as generation and transmission. Robert Kasande, the permanent secretary of Ministry of Energy …

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Umeme records Shs139bn net profit

Performance is attributed to increase in electricity demand, cost reduction Kampala, Uganda | JULIUS BUSINGE | Shareholders of power distributor, Umeme Limited will not go home with nothing in their Annual General Meeting slated later in the year as the company recorded a slight increase in net profit from Shs132bn …

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Bad start for Uganda’s stock market

Executives hope that the future is bright as listed entities post profits Kampala, Uganda | JULIUS BUSINGE | Companies trading on the Uganda Securities Exchange have opened the New Year with poor performance. Umeme, Quality Chemical Industries Limited (CQCIL) shares have fallen below the Initial Public Offering (IPO) price. This …

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Northern Uganda to endure unstable electricity supply until April

Kampala, Uganda | THE INDEPENDENT | Power consumers in Northern Uganda will continue experiencing unreliable electricity supply until April when alternative power line from Achwa 2 hydroelectricity plant is switched on. Power consumers in the region currently rely on an erratic power line from Jinja which snakes to Tororo, Soroti and …

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Umeme secures $70m for investments in the distribution network

Kampala, Uganda | THE INDEPENDENT | Uganda’s electricity distributor, Umeme Limited has secured a $70m (Ushs .258 billion) funding to support its planned investments in the electricity distribution network. The International Finance Corporation (IFC) was the lead-arranger in the syndicate including Stanbic Bank Uganda Limited, Standard Chartered Bank and the …

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Business operators in Nansana tampering with yaka meters

Kampala, Uganda | THE INDEPENDENT | Most businesses operating in Nansana Municipality in Wakiso district are tempering with Yaka meters. This was exposed on Saturday during an abrupt door to door operation dubbed komboa, by Umeme. It is meant to crack down on power theft in the area. Eng. John …

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400 CCTV cameras yet to be installed in Kampala

  Kampala, Uganda | THE INDEPENDENT | More than 400 out of 3,323 Closed Circuit Television-CCTV security cameras planned for Kampala Metropolitan policing area are yet to be installed. Acting Director for Information Computer Technology- ICT, Felix Baryamwisaki, has revealed that 400 cameras haven’t been installed because of the on-going road …

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