World World Bank and partners announce new global fund for cybersecurity On 16 August 2021, the World Bank announced the launch of a new Cybersecurity Multi-Donor Trust Fund under the broader Digital Development Partnership (DDP) umbrella programme. The new fund aims to better define and systematically roll out the cybersecurity development agenda, helping to ensure […]
Tag: umeme
Uganda closes in on electricity connectivity target despite backlog
Supply of electricity key to economic growth Kampala, Uganda | THE INDEPENDENT | The government has so far completed 9,800 electricity connections out of the 110,000 targeted connections for this year, under the Electricity Connection Policy. The policy implementation resumed in March after a three-month suspension starting in December 2020. Electricity companies implementing the connections […]
Umeme, Stanbic dominate Uganda bourse trading
Future performance remains uncertain due to the ongoing COVID-19 lockdown Kampala, Uganda | JULIUS BUSINGE | Stock turnover at the Uganda Securities Exchange recorded a 74% growth in the second quarter of this year to Shs5.9bn compared to the previous session as energy and banking dominated trading. Electricity distributor, Umeme, took the first position, posting […]
Entebbe in power blackout
3 hours ago . 1 min Read Umeme Uganda Limited has announced a power blackout in several areas of Entebbe Municipality Friday. According to Umeme, the planned shutdown is meant to allow maintenance works, and power restoration is expected at 5:00pm. “All inconveniences caused are regretted,” Umeme apologised in a notice. The affected areas include; […]
BREAKING! ERA reduces electricity tariffs for third quarter of 2021
Sh14b Nyakesi transformers (left), supplying reliable electricity to Hima and Simba cement plants (right) in Tororo (PHOTO/Courtesy). KAMPALA — The Electricity Regulatory Authority (ERA) has approved new Electricity End-User Tariffs to be charged by Umeme Limited for the supply of Electrical Energy in the Billing Period from July to September 2021. The New Electricity End-User […]
Umeme Reduces Electricity Tariffs
This is after the Electricity Regulatory Authority (ERA) approved new End-User Tariffs to be charged by Umeme Limited for the supply of Electrical Energy in the Billing Period from July to September 2021. Umeme has reduced the cost of electricity to the domestic user by 3 shillings and 4 cents per unit effective July for […]
Uganda: Umeme Revenues Face Decline As Era Lowers Consumer Tariffs
Power utility firm Umeme faces a second straight year of declining revenues after Uganda’s energy sector regulator announced on July 9 that end-user tariffs for electricity will reduce in the third quarter of this year — a relief for consumers whose burden eases by two percent compared with prices for the April-June period. The Electricity […]
Umeme revenues face decline as ERA lowers consumer tariffs
An Umeme sales rep talks to a customer. Umeme executives fear low tariffs may trigger a decrease in demand for power. PHOTO | FILE Power utility firm Umeme faces a second straight year of declining revenues. Umeme executives fear that the low tariffs coming in the middle of a second lockdown due to the Covid-19 […]
Electricity Regulator Lowers Power Tariffs
Kampala – Uganda’s electricity regulator, ERA has reduced the cost of electricity to the domestic user by UGX3.04 cents per unit effective July 2021 for the next three months. In a media statement, the Electricity Regulatory Authority (ERA) approved new End-User Tariffs to be charged by Umeme Limited for the supply of Electrical Energy in […]
Govt reduces power tariffs for three month
Government had in December suspended free electricity connections, citing lack of funds. PHOTO/FILE. The Electricity Regulatory Authority (ERA) has reduced power tariffs for July until September across different consumer categories. ERA in a statement issued on Friday attributed the reduction to the consumer price index, the appreciation of Uganda Shilling against the dollar by 3.3 […]