electricity transmission Uganda Archives

CEO in the Hot Seat: Will UETCL’s Richard Matsiko Reverse the UGX 293 Billion Loss?

Uganda Electricity Transmission Company Limited (UETCL) has emerged from the Auditor General’s FY2024/25 report as one of the most financially distressed entities in the country’s energy value chain—at precisely the moment when

February 3, 2026

Energy, Oil & Gas·The Big Story

A photo collage of Energy and Minerals Minister, Ruth Nankabirwa, UEDCL Managing Director, Paul Mwesigwa, and UETCL Managing Director, Eng. Richard Matsiko, and UEGCL Managing Director,Dr. Eng. Harrison E. Mutikanga and Petroleum Authority of Uganda Executive Director, Ernest Rubondo.

An Energy Sector in Disarray: OAG Report Reveals Serious Gaps in Uganda’s Oil & Gas and Electricity Subsectors

For more than a decade, Uganda’s energy sector—under the political stewardship of Ruth Nankabirwa Ssentamu since 2021—has ranked among the government’s top priority sectors, consistently absorbing trillions of shillings in taxpayer funding

February 2, 2026