The Uganda Electricity Distribution Company Limited (UEDCL) has absorbed an estimated 2,200 of Umeme staff, out of the 2,400 staff that the private power distributor holds currently. UEDCL Managing Director, Paul…
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Government, through Ministry of Finance is seeking about $ 50 million (UGX 183 billion) from Absa Bank as capital investment into the Uganda Electricity Distribution Company Limited (UEDCL) to fully…
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Across the globe, countries are pushing towards energy transition and sustainable energy production. Uganda has not been exceptional and a lot has been achieved but the country continues to push towards…
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Now that we know we have an idea of the Umeme buyout amount, what could be in it for shareholders? Umeme has since last year been one of the most active…
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The handover of Umeme licenses for the sale and distribution of electricity to Uganda Electricity Distribution Company Limited (UEDCL) has put the country’s energy sector into sharp focus, especially with…
In this interview, we learn about dfcu Bank’s latest promotion that allows customers to pay their utility bills at no cost. Dubbed ‘Rates Paka Chini’, this initiative aims to ease…
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By Richard YegoOver the past 25 years, MTN has played an instrumental role in shaping Uganda’s telecommunications and digital economy, marking a journey characterized by innovation and transformation. Our presence…
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The government of Uganda will have to part with USD215 million to acquire majority shares of power distributor, Umeme, when the power distributor’s 20-year contract comes to a close in…
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The Institute of Certified Public Accountants of Uganda (ICPAU) will hold the 27th Annual Seminar of accountants from 31 August to 2 September 2022 at the Imperial Resort Beach Hotel,…
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A UGX1 billion fine or a 15 years jail term awaits anyone who is found guilty of vandalizing electricity infrastructure following the passing of the Electricity (Amendment) Bill, 2022.Members of…
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