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    Tooro Region gets Stable electricity supply as Umeme puts more investments

    CEO ReporterCompany NewsNews & AnalysisSeptember 27, 2021September 27, 2021

    Uganda’s Tourism Fort Portal City is now assured of more reliable electricity supply after power distributor Umeme sinking investments in network improvement, building switching stations and installing new transformers in…

    IMPACT INVESTING: Umeme braves tough Covid-19 undercurrent, invests UGX49.6 bn, connects 40,000 new customers and unlocks 11.8% electricity demand in HY 2021

    Muhereza KyamuteteraCompany NewsThe Big StoryAugust 24, 2021August 24, 2021

    Despite a tough 2021, marked by a sluggish economy and sticky pandemic-related logistics obstructions on one hand as well as delayed government funding for the free Electricity Connections Policy (ECP),…

    NSSF has earned over UGX65 billion from investment in Umeme – Byarugaba

    CEO East Africa MagazineCompany NewsNews & AnalysisMay 19, 2021May 19, 2021

    The National Social Security Fund (NSSF) has earned value from the 373,771,921 shares purchased from the power distributor Umeme Limited, NSSf Managing Director Richard Byarugaba has said. Byarugaba was responding…

    Umeme reassures of more investments to drive industrialization

    CEO ReporterCompany NewsNews & AnalysisMay 14, 2021

    Umeme has reiterated its commitment of driving distribution efficiencies to ensure reliable and affordable electricity supply to support Uganda’s industrialization drive and access to clean energy. Speaking at the 9th…

    Umeme to pay out UGX19.8 billion in dividends after Shareholder Approval

    CEO ReporterAdvertising & CommunicationFinanceMay 7, 2021May 7, 2021

    Umeme shareholders have approved a total dividend payout of UGX19.8 billion after endorsing UGX12.2 per ordinary share based on the company’s 2020 performance.  The dividend will be paid out on…

    Umeme Shakes off Challenging Year to Deliver Good Performance

    CEO ReporterCompany NewsMarch 26, 2021March 26, 2021

    Leading power distributor Umeme navigated a challenging year to register profit for its shareholders amidst a tough COVID-19 operating environment and the regulatory lag in recovery of outstanding income. Although…

    New Electricity Connection Applications go Online

    CEO ReporterCompany NewsMarch 11, 2021March 11, 2021

    Customers who want to connect to the electricity grid no longer have to trek to the Umeme offices following the launch of an online application portal by power distributor Umeme….

    Umeme completes US$83.3 million planned investment amidst challenges

    CEO ReporterCompany NewsDecember 23, 2020December 30, 2020

    Power distributor Umeme is closing 2020 on a high note after completing the $83.3 million planned expenditure despite challenges brought about by the COVID-19 pandemic. Umeme spent $83.3 million (UGX310…

    Umeme tables UGX813 billion working budget for 2021

    CEO ReporterCompany NewsDecember 12, 2020December 12, 2020

    Uganda’s main power distribution utility Umeme has tabled a $219 million (UGX813.2 billion budget) for 2021. Of that, $119 million (UGX442.4 billion) will be for capital investments in the grid…

    Eskom’s Thozama Gangi to chair inaugural energy sector players’ association

    Muhereza KyamuteteraCompany NewsThe Big StoryDecember 3, 2020December 3, 2020

    Ms Thozama Gangi, the Managing Director Eskom Uganda, has been chosen by the Energy Generators and Distributors Association of Uganda (EGADAU) as its founding Chairperson. EGADAU, which brings together 13…

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