Electricity distribution company Umeme have said investigations indicate the transformer that fell on a vehicle on Dewinton Road on Tuesday was likely tampered with. “Preliminary investigations indicate that the network may have been interfered with, causing the transformer structure to fall into the vehicle. Comprehensive investigations are still underway to …
Read More »COMMENT: Why ‘Buy Uganda’ is bad deal
By eyeing government contracts, potentially game-changing policy locks out general public solidarity with business I have a confession to make. I love mangoes. They are as sweet to look at as they are sweet to taste. Whether arranged in the cool aisles of supermarkets, on neat stalls of town markets, …
Read More »Can Uganda survive with highest electricity prices in EA?
Recent hike means current tariff structure could end up killing industries The cost of production in Uganda could soon rise as government continues to increase electricity tariffs amidst dwindling production due to low consumer demand. Analysis by The Independent shows that the government has increased electricity tariffs by over 22% …
Read More »BUSINESS BRIEFS: NSSF increases stake in Umeme, MTN cuts rates
The National Social Security Fund has bought more shares in power distributor Umeme, increasing its stake from 14% to 23 %. NSSF boss Richard Byarugaba said Fund’s decision was in line with “our statutory mandate to invest NSSF members savings for high returns.” He said the Fund has reached an …
Read More »VIDEO: Umeme raids Bwaise, starts operation against illegal connections
VIDEO: UMEME continued their nationwide operation to halt illegal connections and power theft by raiding Bwaise this week. The operation in Bwaise, left many areas in the Kampala suburb in darkness following several shut downs by power distribution company UMEME, as they intensified their operation to crackdown on power theft and illegal connections. These vices according …
Read More »Uganda electricity tariffs to drop October to December
Uganda’s Electricity Regulatory Authority (ERA) has announced new electricity end user tariffs with a reduction, implying that consumers in all categories will pay less in the fourth quarter October to December 2016. According to a statement from ERA, the reduction in the tariffs is as a result of a reduction …
Read More »Umeme to get $25million for network expansion
Electricity distributor, Umeme is set to receive a $25 million loan from the International Finance Corporation (IFC) to fund the expansion and upgrade of its distribution network. This is second time that the electricity utility firm is receiving a loan from the world’s financial institution after it received $70million in …
Read More »Umeme profits slide
UMEME: NSSF to reap Shs 2.5 billion in dividend payment for first half of 2016 Utility company Umeme has released their 2016 half year results, which indicate that there was a significant revenue growth but an attendant rise in cost of sales means that there will be less profits for …
Read More »Digital firms and electricity rates
COMMENT: David Birungi Why should the leaders of the digital revolution suffer over Uganda’s electricity demand growth rigidities? At the recently concluded Daily Monitor Thought Leader’s Forum themed around the global `Digital Revolution’, I was amazed by the revolution of HelloFood, an Online Food delivery business. According to the CEO …
Read More »Access to electricity rises but complaints persist
New report shows access to electricity has risen but complaints about poor service delivery persist Paraffin users 84% to 47 % Electricity users 10% t0 26% Solar users 0.2% to 25% Electricity available 19.4 hours daily People who think power tariffs affordable 54% The proportion of Ugandans who use paraffin …
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