concession Archives

A photo collage of UEDCL Managing Director Paul Mwesigwa, Umeme Managing Director Selestino Babungi, Energy Minister Ruth Nankabirwa and Auditor General Edward Akol.

The Umeme buyout heat that is threatening to turn chaotic

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 events around

March 28, 2025

Business & Markets·East Africa·News & Analysis·The Big Story

A photo collage of Umeme Managing Director Selestino Banbungi, Auditor General Edward Akol, Parliament Speaker Anita Among, Electricity Regulatory Authority CEO Eng.Ziria Tibalwa Wako, and UEDCL Managing Director Paul Mwesigwa.

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

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 said, Parliament

March 27, 2025

East Africa·Legal & Justice·News & Analysis·The Big Story

UEDCL Managing Energy Minister Ruth Nankabirwa, Energy Ministry Permanent Secretary Irene Batebe and Umeme Managing Director Selestino Babungi.

Auditor General’s report on Umeme expected next week

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 the power

March 21, 2025

News & Analysis·Politics & Goverment·The Big Story

A photo collage of Umeme Managing Director, Selestino Babungi, Energy PS, Irene Batebe and Energy Minister, Ruth Nankabirwa. The three will play a pivotal role in the transfer of assets from Umeme to UEDCL.

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

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 power resources

December 31, 2024

The Big Story