Some customers have had to wait for hours or days before they can receive Yaka tokens after paying, especially through mobile money. PHOTO | FILE Umeme has said its pre-paid billing system, commonly known as Yaka, is overloaded due to the high customer numbers. In notes published along the company’s half-year results, Umeme reported that […]
Tag: umeme
REA failing free electricity connections, says ERA
Some of the REA electric poles A new report faults the Rural Electrification Agency (REA) for the failure to connect all the targeted 300,000 households to the grid last year. It says only 67 per cent of the premises were connected under the free Electricity Connections Policy (ECP). The report titled ‘Electricity Supply Industry Performance […]
Uganda’s Umeme invests US$15.2mn in Mbale city electricity network
Umeme Limited, Uganda’s power distribution company, has invested US$15.2mn into two major power supply quality and reliability projects in the Mbale Umeme district This is in line with Uganda’s plan to develop power sector. (Image source: Ashraf Chemban/Pixabay) The two projects are the US$9.23mnSiti 2 Project and the US$5.99mn Tangshan Mbale Industrial Park Project . […]
Power theft will hit you in the pocket. Fight it.
Umeme officials inspecting illegal connections A neighbour, without my knowledge, once joined an electricity wire from his house to my meter. For the four months this subsisted, yours truly was paying an extra Shs 60,000 per month, for power he was not using. Utility firm Umeme later investigated the matter and established that the said […]
Umeme feels impact of Covid-19
Visible vapour last billowed from the restaurant’s chimney-mouth in March. In April, the neon light box with the cafeteria’s name went down. Then the doors closed. Midtown Eatery is just one of the many commercial enterprises that closed while others scaled down on operations from mid-March through May. Power distributor Umeme says the shutdown of […]
Umeme’s net profit reduce 64% in first half of 2020
Company executives are optimistic the remaining half will see a surge in power sales, profitability as government relaxes COVID-19 lockdown Kampala, Uganda | ISAAC KHISA | Uganda’s electricity distributor, Umeme, is now pinning its profit growth on the remaining six months of the reporting year following government’s move to ease Covid-19 restrictions nearly two months […]
Sameer Africa Carries Thursday With 10% Gain At The NSE
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Thursday was Sameer Africa with 10.00 percent at the price of 3.85 shillings per share followed by Express with a gain of 7.66 percent at the price of 4.50 shillings per share. Umeme was the third gainer of the day with 6.34 […]
Top shareholders buy more Umeme stake
Three international investment funds increased their stake in power distributor Umeme over a twelve-month period, according to the company’s latest annual report. Allan Gray, Utilico Emerging Markets Limited and Imara S P Reid (Pty) Ltd bought 46.1 million, 45.6m and 20.6m additional Umeme shares respectively between 2018 and 2019. This saw their shareholding increase correspondingly […]
UGANDA: Umeme to use $9 million for electricity disposal from Siti 2’s power plant
OUGANDA : avec 9 M$, Umeme évacuera l’électricité de la centrale de Siti II de 16,5 MW©Suprachai Akkho/Shutterstock The Ugandan company Umeme will invest 34 billion Ugandan shillings ($9.29 million) for the discharge of electricity from the Siti II hydropower plant in the east of the country. The 16.5 MW facility was built by Elgon […]
Yaka billing system overloaded, customers to pay for upgrades
Some customers have had to wait for hours or days before they can receive Yaka tokens after paying, especially through mobile money. PHOTO | FILE Umeme has said its pre-paid billing system, commonly known as Yaka, is overloaded due to the high customer numbers. In notes published along the company’s half-year results, Umeme reported that […]