Uganda power sector Archives

A photo collage of UEDCL Managing Director, Paul Mwesigwa, and Absa Uganda CEO, David Wandera

UEDCL seals UGX 190 billion loan facility from Absa Bank Uganda amid performance probe

Uganda Electricity Distribution Company Limited (UEDCL) has secured a five-year financing facility worth USD 50 million (about UGX 190 billion) from Absa Bank Uganda to fund urgent upgrades to the national electricity

December 16, 2025

Politics & Goverment·The Big Story

A photo collage of Prime Minister Robinah Nabbanja, Energy Minister Ruth Nankabirwa and UEDCL Managing Director, Paul Mwesigwa.

Energy Ministry orders UEDCL Board to investigate top management over performance gaps

The Ministry of Energy and Mineral Development has instructed the Board of the Uganda Electricity Distribution Company Limited (UEDCL) to carry out a comprehensive investigation into the performance and conduct of the

December 5, 2025

Politics & Goverment·The Big Story

A photo collage of UETCL CEO, Eng. Richard Matsiko, Energy Ministry PS, Irene Batebe and Umeme's former MD, Selestino Babungi

Umeme, UETCL Face off Over Estimated UGX 600 Billion Debt After Parliament Probe

The long-running standoff between Umeme and the Uganda Electricity Transmission Company Limited (UETCL) over a UGX 594 billion debt has once again thrown Uganda’s power sector into turmoil, exposing deep financial fissures

October 14, 2025

Banking & Financial Services·Company News·The Big Story