Kampala, Uganda | THE INDEPENDENT | Exiting electricity distributors Umeme Limited have issued a statement today stating they will accept a buy out amount of $118million despite expecting to be paid $234. They have notified government they will appeal against the figure. The statement also states that they have been compelled by …
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How this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in the dark THE LAST WORD | Andrew M. Mwenda | On Monday March 31, 2025, the Umeme concession will come to an end. Its assets will revert to their owner, UEDCL. It is possible UEDCL will manage the …
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KAMPALA, UGANDA | THE INDEPENDENT | Government has revised the loan request to buy out electricity distribution company, UMEME, from over US$190 million, to over US$118 million. This was contained in the Special Audit Report for the end of lease and assignment between UMEME Limited and Uganda Electricity Distribution Company …
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“The Buy Out Amount must be paid within 30 days following the end of the concession term, specifically by 31st March 2025. If the payment is not received by this deadline, penal interest will be applied as stipulated in the Concession Agreements.” Kampala, Uganda | THE INDEPENDENT | Exiting electricity …
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KAMPALA, UGANDA | THE INDEPENDENT | The country is currently facing increase in power outages and load shedding, a situation that has left users calling for an explanation form the responsible authorities. It comes amidst the final transition stages from the expiring 20-year distribution concession held by Umeme Ltd to …
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The UMEME buyout isn’t just a transaction. It’s a test. Of vision. Of sovereignty. Of whether we believe in our people enough to let them own the infrastructure they depend on. COMMENT | APOLLO BUREGYEYA | The government wants to re-acquire UMEME. Price tag: UGX 700 billion. Financing plan? A …
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However, critics have raised concerns about the government’s capacity to manage the distribution network efficiently Kampala, Uganda | THE INDEPENDENT | In a significant move that marks the end of an era, the Ugandan Parliament has approved a $190 million buyout of Umeme Limited’s concession, effectively paving the way for the …
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Uganda Electricity Distribution Company Limited to take over from Umeme effective April 1, 2025 Kampala, Uganda | JULIUS BUSINGE | Uganda government is taking a significant step towards securing its energy future with the state-owned Uganda Electricity Distribution Company Limited (UEDCL) set to take over electricity distribution from Umeme, marking the …
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Kampala, Uganda | THE INDEPENDENT | Uganda Electricity Distribution Company Ltd (UEDCL) has officially been handed the electricity distribution license ready to replace Umeme Ltd, effective April 1, 2025. Umeme’s 20-year concession ends in March 2025, and UEDCL’s takeover of the distribution mandate is in line with the government’s decision …
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Kampala, Uganda | THE INDEPENDENT | Ugandans whose Yaka meters have not been upgraded should not panic as Energy minister, Ruth Nankabirwa says there is still room to have them upgraded. Nankabirwa, while speaking to journalists in Kampala on Tuesday said Umeme and Uganda Electricity Distribution Company Limited (UEDCL) have made …
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The Independent Uganda: You get the Truth we Pay the Price
