a month ago . 1 min Read Museveni said this will help to lower the high-power tariffs, which industrialists have time and again complained about, as one of the impediments to the growth of the industrial sector in the country. Government is planning to connect electricity to industrial parks direct from dams without going through […]
Tag: XNAI_UMME
Umeme bills driving us out of business! Grain millers urge govt to reduce power tariffs
Workers at Wondermeal Grain Millers Ltd in Kawanda (PHOTO /Javira Ssebwami) KAMPALA — Grain millers want the government to reduce power tariffs and abolish a number of nuisance electricity charges imposed on their factories which balloons production costs and render their goods expensive. Speaking to PML Daily on Monday afternoon, Jacob Kabondo, the Director, Wondermeal […]
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 […]
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 […]
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 […]
Telecoms expected to list in next 12 months – CMA
The chairperson of the Capital Markets Authority (CMA) has said all telecoms are expected to have listed within the next 12 months. While launching the realigned Capital Markets Authority Strategic Development Plan (for the 2021/25), Ms Jacqueline Kobusingye, the CMA chairperson, said there was no turning back now after years of engagement, noting that since […]
Sasini Emerges As Top Gainer At The NSE On Tuesday
KEY POINTS Sasini was the top gainer of the day with 6.82 percent at the price of 18.00 shillings per share followed by Total Kenya with 5.60 percent at the price of 25.45 shillings per share. Stocks are a popular avenue for investment, but it’s far from the only option. Depending on your needs, income […]
Why power companies are struggling in Africa
While liberalising the power sector has advantages, it also calls for a robust institutional framework and State interventions to plug any gaps. PART 2 Having concluded in Part 1 of this two-part series that the power sector challenges are like a tangled ball of wool, we take a closer look at some of the pieces […]
Why power companies are struggling in Africa
While liberalising the power sector has advantages, it also calls for a robust institutional framework and State interventions to plug any gaps. PART 2 Having concluded in Part 1 of this two-part series that the power sector challenges are like a tangled ball of wool, we take a closer look at some of the pieces […]