Uganda President Yoweri Museveni addresses the nation during the 2021/2022 Budget presentation event on June 10 in Kampala. PHOTO | PARLIAMENT PRESS Defence, energy and transport sectors ate big while allocations to fiscal stimulus programmes and settlement of domestic arrears received “humble pie” in Uganda’s budget blue print for financial year 2021/22 in an attempt […]
Tag: XNAI_UMME
Energy Companies Unite to Deliver Cheap Electricity, Expand Access
Led by local electricity distributor, Umeme, the companies will pilot the project dubbed Utilities 2.0 Twaake, in conjunction with several leading Uganda-based distributed renewable energy companies, to provide affordable, reliable, and clean power for all. A coalition of global energy sector leaders coordinated by Power for All and funded by The Rockefeller Foundation has launched […]
Energy Companies Unite to Deliver Cheap Electricity, Expand Access
Led by local electricity distributor, Umeme, the companies will pilot the project dubbed Utilities 2.0 Twaake, in conjunction with several leading Uganda-based distributed renewable energy companies, to provide affordable, reliable, and clean power for all. A coalition of global energy sector leaders coordinated by Power for All and funded by The Rockefeller Foundation has launched […]
Uganda focuses spending on defence, energy and transport sectors
Uganda President Yoweri Museveni addresses the nation during the 2021/2022 Budget presentation event on June 10 in Kampala. PHOTO | PARLIAMENT PRESS Defence, energy and transport sectors ate big while allocations to fiscal stimulus programmes and settlement of domestic arrears received “humble pie” in Uganda’s budget blue print for financial year 2021/22 in an attempt […]
Tough times: Can MTN’s pandemic IPO revive dull stock market?
Six-year drought. Uganda since 2010 has only had two local listings including Umeme in 2012 and Cipla Qality Chemicals Uganda Limited in 2018, which marked an end to a six-year drought at the Securities Exchange. MTN and Airtel are expected to be the newest companies on Uganda’s stock exchange premiering as the first telecom companies […]
Uganda: Integrated energy approach to create energy for all
Access to electricity means shops can stay open longer, boosting potential economic benefit. Image: Power for All. A newly launched Utilities 2.0 Twaake pilot project unites distributed renewable energy companies in Uganda to provide clean power for all through an integrated energy approach. Led by Uganda’s largest power utility Umeme, coordinated by Power for All […]
UGANDA: Integrated energy system to speed up electrification process
UGANDA: Integrated energy system to speed up electrification process© umarfarooqleo/Shutterstock In Uganda, several organisations and electricity providers have come together to launch Utilities 2.0 Twaake. The aim of this integrated energy systems pilot project is to accelerate electrification while reducing the inherent costs, through off-grid solutions, as well as the national power grid. Electricity is […]
Deconstructing the myth of power tariffs
Uganda did not have the skills to negotiate these deals and the risks of rent seeking were very high, Prof. Samuel Sejjaaka writes. In the State of the Nation address of June 04, President Museveni said, “The cost of electricity is distorted by mistakes committed by some of our actors especially the mistakes of Bujagaali […]
Safaricom Moves 3.10 Million Shares To Top The NSE
Kenya’s telecommunications giant, Safaricom was the top mover of the day at the Nairobi Securities Exchange (NSE) after selling 3.10 million shares with a market capitalization of 1.62 trillion shillings. Kenya Re-Insurance was the second top mover with 1.54 million shares and a market capitalization of 6.92 billion shillings followed by East Africa Breweries Limited […]
Ugandans shun electricity for solar power
There has been a reduction in grid electricity connections since 2017. PHOTO/FILE The number of Ugandans connected on solar energy rose exponentially in the period ended June 2020, according to the National Households Survey 2019/20. The survey, conducted by Uganda Bureau of Statistics, indicates that solar energy connections increased from 18 per cent in 2017 […]