COMMENT | Patrick Bitature | I would like to congratulate the government for having successfully gone through the 2019 Manifesto Week, that run from 13th -24th May 2019. I particularly would like to applaud government for having attained a mid-term manifesto implementation score of 62 percent to date, according …
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Kampala, Uganda | THE INDEPENDENT | Electricty distributor UMEME has been dragged to court for failing to pay more than 115 million shillings to an advertising firm. In its petition before the Commercial Division of High Court, QG Saatchi and Saatchi Limited is seeking an order for the payment of …
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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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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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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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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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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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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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⬆ 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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New investors could trigger a drop in electricity costs Kampala, Uganda | ISAAC KHISA | Uganda’s planned commissioning of the multi-million dollar Isimba and Karuma Hydropower projects on the downstream of River Nile is expected to put government on the spot as sector players expect electricity tariffs to reduce. The …
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