concession Archives – CEO East Africa

The Umeme buyout heat that is threatening to turn chaotic

Paul MurungiBusiness & Markets East Africa News & Analysis The Big StoryMarch 28, 2025March 28, 2025

The current rope pulling and shoving offer an insight into what is turning out to be an interesting twist in the exit of Umeme. Until a few days ago, the…

Auditor General recommends UGX 433 billion Buyout amount as Umeme seeks UGX 858 billion

Paul MurungiEast Africa Legal & Justice News & Analysis The Big StoryMarch 27, 2025March 28, 2025

Uganda Parliament Speaker, Anita Among has today received the Auditor General’s report on Umeme which recommends a USD 118 (UGX 433 billion) Buyout amount for the unrecovered investments. Speaker Among…

Auditor General’s report on Umeme expected next week

Paul MurungiNews & Analysis Politics & Goverment The Big StoryMarch 21, 2025March 21, 2025

Energy Ministry Permanent Secretary Irene Batebe has confirmed that the Auditor General’s report on Umeme’s buyout amount will be released next week, just a few days to the expiry of…

ANALYSIS: How will Uganda’s energy sector fare after Umeme’s exit?

Paul MurungiThe Big StoryDecember 31, 2024February 27, 2025

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…