Tag Archives: umeme

By Ronald Musoke Maria Kiwanuka, the finance minister has said she expects all electricity users in Uganda to have pre-paid metres within two years as a new measure to check power theft. While speaking to members of the private sector at a post-budget analysis luncheon on June 14, Kiwanuka noted …

By Julius Businge Umeme’s share price has appreciated from Shs 314 a few weeks ago to Shs 345 today (May 6), according to official trading figures released by the Uganda Securities Exchange (USE) on May 6. The figures show that the power distributor company that listed on the USE in …

By Job A. Kahigwa Time to base the domestic electricity consumers charge on Time of Use formula Once again, the Uganda Electricity Regulatory Authority (ERA) board of directors is considering a power tariff increment.  A power price rise is being considered just after huge increments of 69% and 36% for …

By Joan Akello This morning, Umeme, the sole electricity provider launched a promotion to reward customers who have paid their power bills promptly. The promotion dubbed Hero at Zero begins today and will run for 90 days. Mrs. Florence Nsubuga Chief Operations Officer said “The promotion is aimed at reaching …

By Haggai Matsiko Just days after a parliamentary committee recommended termination of its contract over inflated claims, Umeme is set to again raise the cost of electricity to consumers Ugandans have just days to Dec.07 when review of the application from the nation’s sole electricity distributor, Umeme, ends and it …

Kampala, Uganda | Julius Businge | The Umeme Initial Public Offering which closed on Nov. 7 has been oversubscribed by 35% by all categories of investors, officials said on Nov.8. They [officials] from Stanbic bank Uganda-the transaction advisor, African Alliance Uganda-the lead sponsoring broker said more than the 622, 378, 000 shares …

By Jimmy Siya A day to the closure of the Umeme Initial Public Offer (IPO), the sale of shares, David Alderton the Corporate Development Manager announced the intentions of the International Financial Corporation to buy Umeme Shares. The corporate Advisor African Alliance Brokers, William Nyakatura says there has been a …

By Agather Atuhaire Why the economy is the main loser The government announcement of a new electricity tariff regime on Jan.12 could still backfire but, on paper, it looks like a perfect stroke. Part of the problem is that the tariff regime does not address the real problems in Uganda’s …

By Agather Atuhaire No straight answers to power questions as public waits for Bujagali’s first 50 MW of power The continuous postponement of the when Bujagali hydropower plant will produce its first 50 MW has got many Ugandans concerned. ‘Will that power ever come?’ they ask. Even when it does, …

By Patrick Kagenda They had hoped for even deeper cuts Uganda Clays pays an average Shs 99 million per month in user fees to Umeme, the electricity distribution company. That is about Shs 1 billion per year or about a quarter of the profit that the housing clay products company …