Parliament has approved two motions authorizing government to borrow up to US$102.88million intended for rural electrification projects. Government is set to borrow US$91.5million from the International Development Association (IDA)of the World Bank to finance the Grid Expansion and Reinforcement Project. The project is intended to increase availability and efficiency of bulk electricity supply in Gulu, […]
Residents in Mukono municipality have more reason to smile following the Rotary Club of Kampala constructing a modern health facility to cater for their health needs. The hospital worthy over Uganda shillings 400 million will go a long way in supplementing government efforts on improving health delivery in the country. Ranked the third best in […]
The Capital Markets Authority and the Uganda Securities Exchange have finally approved the long-awaited UMEME Initial Public Offer.The double approvals effectively kick-start the power distributor’s capital raising initiatives on the USE and later on the Nairobi Stock Exchange, starting on Monday. This means UMEME’s will now have a 38.6 per cent share capital. UMEME general […]
We have heard that UMEME has not made losses since 2008, according to sources in the ministry of energy. Sources tell us that UMEME made profits of over 109 billion shillings. Records indicate that UMEME made 6.9 billion shillings profits in 2010, 14.9 billion shillings in 2009. The revelation has come when UMEME is […]
Traders in Kampalaoperating along Kampala-Gayaza Roadtoday brought work to a standstill as they closed the Road in protest over load shedding. The angry demonstrators smashed vehicles while police looks on for sometime. However the police later acted when it gained the numbers of policemen it needed to take action. The problem with Ugandan demonstrators […]
It seems the ruling government is punishing FDC leaders for opposing it from left to right. After detaining the FDC president, Col. Kiiiza Besigye at his home in Kasangati, we have been told that the National Water and Sewerage Corporation (NWSC) and UMEME have disconnected FDC offices in Najjanankumbi on Kampala Entebbe. A source on […]
Uganda journalists operating in South Buganda (Greater Masaka) under their umbrella association of South Buganda Journalists Association have threatened to mobilize people to storm UMEME offices protesting against increased road shedding. The scribes want to storm UMEME offices demanding an explanation for the persistent loading shedding. The scribes through their head, Aliga Issa say they […]
It seems the ruling government is punishing FDC leaders for opposing it from left to right. After detaining the FDC president, Col. Kiiiza Besigye at his home in Kasangati, we have been told that the National Water and Sewerage Corporation (NWSC) and UMEME have disconnected FDC offices in Najjanankumbi on Kampala Entebbe. A source on […]
Parliament has today learnt that Uganda Broadcasting Corporation, Uganda Peoples Defense Forces (UPDF), Uganda Prisons and Uganda Police do not pay for electricity they consume. Talking before the parliamentary ad hoc committee investigating the alleged saga in the energy sector, the Uganda Electricity Distribution Company Managing Director Joseph Katera said that these four government organs […]
The Kampala central business district is calm, hours after traders staged demonstrations in different parts. The protests were brought about following several days without power. Several traders accused power distributor, UMEME of switching off power for days without any explanation on the matter. The traders began their strike at Nasser Road; thereafter it spread to […]