BoU Maintains CBR at 9.75% as Uncertainty Looms
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic unce...
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“concession”
London to host fresh Russia-Ukraine ceasefire talks
BBC | Diplomats from the UK, France, Germany, Ukraine and the US will hold fresh talks in London on Wednesday aimed at securing a ceasefire in the three-year war between...
Informality in Artisanal Mining Bleeds Revenue, NGO Warns
Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advoca...
Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London
Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support Agr...
The likely future of UEDCL
FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organizati...
UMEME to Hand Over Power Distribution to UEDCL on Fools’ Day!
Kampala, Uganda:Uganda’s electricity distribution sector is set for a major transition as Umeme Limited officially hands over operations to the Uganda Electricity Distr...
What Will Happen to 90% of UMEME Staff Amid UEDCL Takeover
Big changes are happening in Uganda’s electricity sector as UMEME’s 20-year concession officially comes to an end on March 31. With this shift, many people have been...
Auditor General’s Report Exposes Loopholes in The Umeme Buyout, Slashes it by Billions as Shocking Audit Uncovers Hidden Debt Scandal
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, E...
Electricity distribution shifts from private to public hands
The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March, Ziria Tib...
Inside The Monday Cabinet Meeting Where M7 Furiously Branded NSSF’ 5trn Bwebajja Office Complex Deal Extortionist & Chased Away Top Bosses As Nabbanja Pleaded
During a recent Cabinet meeting, a team from NSSF came to present details about the Bwebajja government administrative offices campus which is meant to house offices for...