When UMEME’s concession ended in March last year, the market assumed finality. Power lines would keep running, but value, many believed, had gone with the concession. The share price, according…
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…
When the clock struck midnight on April 1, 2025, Uganda turned a historic page in its power sector. The familiar “Umeme Yaka” brand, etched into the daily lives of millions…
The Umeme Staff Pension Scheme was supposed to be like any other pension fund—steady, predictable, and focused on making sure members get their money on time. But instead of just…
Crested Capital has released its mid-year report card on the performance of local counters on the Uganda Securities Exchange (USE), highlighting the stocks delivering the highest total shareholder returns (TSR)…
As Uganda Electricity Distribution Company (UEDCL) formally takes over the power distribution function, it will be months or even years before Ugandans move on from the days of Umeme. Yes,…
By David Birungi In a few days, the last man standing at Umeme will flip the 240 volts switch and move on to the next lit room in UEDCL. Congratulations…
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…
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…
A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…
