Fort Portal, Uganda | THE INDEPENDENT | Uganda’s main electricity distribution company Umeme has decried the rampant vandalism of power equipment in the Tooro region. The Managing Director Umeme Celestino Babungi says that the company has lost transformers, transmission cables, poles and pylons to unscrupulous people. Speaking in Fort Portal …
Read More »ADB boosts electricity connections with US$100million fund
Approximately 87,500 no-pole customers to be connected to the electricity grid Kampala, Uganda | THE INDEPENDENT | Uganda government has secured $100milion funding from the African Development Bank to switch-on some of the long-pending new electricity connection applicants under the Umeme electricity distribution footprint. Commissioned in Waibuga Sub County in …
Read More »Inaugural energy Mkutano is today, focusing on energy and economy
Kampala, Uganda | THE INDEPENDENT | Energy is a key driver for economic growth and development across all economies. It is the catalyst through which real transformation can be achieved due to its multiplier effects across many aspects of our lives. It is against this background that The Mkutano and Ministry …
Read More »30 arrested for leading strike in Jinja city
Jinja, Uganda | THE INDEPENDENT | Police in Jinja city are holding 30 youths for leading a strike and vandalizing vehicles in Namulesa cell in Northern city division. Key suspects in detection at Jinja Central Police Station are Ezra Kube, Alex Lubaale, Tadeo Mugerwa and Abbey Waiswa. They are accused of …
Read More »Umeme concession talks limits capital mobilization efforts
The utility company saw its net profit more than double to Shs48.2bn Kampala, Uganda | ISAAC KHISA | Lack of clarity on renewal of Umeme’s operating licence in 2025 is limiting its ability to raise more capital and make capital investments in the electricity distribution network. The utility company, which …
Read More »Hundreds flee homes in Busia over illegal power connections
Busia, Uganda | THE INDEPENDENT | Hundreds of Busia municipal residents fled their homes on Monday morning during the crackdown on illegal power consumers. It all started after a team of Umeme officials backed by the police stormed Arubaine, Marachi A, Mbale Kidogo Sofia, Madibira, Nangwe shops, Solo A and Solo …
Read More »MPs block gov’t statement on Umeme performance
Kampala, Uganda | THE INDEPENDENT | Members of Parliament have blocked the presentation of a government statement on the performance of Umeme, insisting that it would be a wasted effort because the House already recommended termination of the contract with the power distribution company. Energy Minister Ruth Nankabirwa was scheduled to …
Read More »No dividends for shareholders as Umeme concession uncertainty persists
Kampala, Uganda | THE INDEPENDENT | Electricity distributor Umeme has decided not to pay out any dividends to its shareholders despite the significant recovery in business over the last one year, according to the performance indicators. The unexplained decision comes amidst what the company calls uncertainty created by the delayed government …
Read More »Umeme impersonator arrested in Busia district
Busia, Uganda | THE INDEPENDENT | Busia police are holding a man suspected to be extorting money from residents in disguise that he works with Umeme. The suspect has been identified as Vincent Ouma, 35 years, a resident of Marachi village in Eastern division of Busia municipality. Ouma is accused of …
Read More »Umeme, Stanbic dominate Uganda bourse trading
Future performance remains uncertain due to the ongoing COVID-19 lockdown Kampala, Uganda | JULIUS BUSINGE | Stock turnover at the Uganda Securities Exchange recorded a 74% growth in the second quarter of this year to Shs5.9bn compared to the previous session as energy and banking dominated trading. Electricity distributor, Umeme, …
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