Africa Business in Brief | Issue 414| 22 Aug2021

Africa Business in Brief | Issue 414| 22 Aug2021

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 […]

Uganda closes in on electricity connectivity target despite backlog

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 […]

BREAKING! ERA reduces electricity tariffs for third quarter of 2021

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 […]

Govt reduces power tariffs for three month

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 […]