The Ministry of Energy and Mineral Development (MEMD) on Monday announced the conclusion of its Sustainable Energy Development Programme Performance Review, a pivotal platform used to finalise plans for the National Budget for Fiscal Year 2026 The review, spearheaded by…
The Government of Uganda is moving decisively to address challenges in its electricity distribution network, driven by a commitment to power the nation’s rapidly expanding industrial and domestic demand. In a media briefing held on October 7, 2025, at the…
In a significant display of progress since taking over from the private concessionaire Umeme Uganda Limited, the Uganda Electricity Distribution Company Limited (UEDCL) has added a remarkable 648,404 new connections to the national grid in just six months. This achievement,…
The unaudited interim financial results released by the Capital Markets Authority (CMA), as presented by the company’s directors, led by Selestino Babungi, the Managing Director, paint a picture of an entity in transition, grappling with the operational re-transfer of its electricity…
The Uganda Electricity Distribution Company Limited (UEDCL) is taking a strategic and pivotal role in driving the nation’s economic growth. During the 2025 Electricity Dialogue held on Thursday, August 28, 2025, at the UMA Showground in Kampala, UEDCL Managing Director…
Just four months after taking over from Umeme as Uganda’s national power supplier, the Uganda Electricity Distribution Company Limited (UEDCL), led by Paul Mwesigwa as Managing Director, is facing intense scrutiny from Members of Parliament over allegations of illegal electricity…
The Uganda Electricity Transmission Company Limited (UETCL) is set for enhanced operational stability and strategic continuity following the appointment of Eng. Richard Matsiko as Acting Chief Executive Officer. Rising from his previous role as Deputy CEO, Eng. Matsiko’s immediate assumption…
One hundred days ago, the Uganda Electricity Distribution Company Limited (UEDCL) officially took the reins of electricity distribution from Umeme Ltd, ushering in a new era for Uganda’s power sector. This milestone was envisioned as a significant step towards a…
The Uganda Securities Exchange (USE) has warned investors against investing money in Umeme’s shares at a time when the company is reporting losses for the financial year 2023 A statement issued by the USE regarding this matter reads in part,…
The rope-pulling between the Government of Uganda and Umeme is not about to end; the latest twist in the saga is that Umeme now demands USD 292M (approximately Shs1,062,885,840,000) as the total claim for its buyout. It should be noted…
The Uganda Electricity Distribution Company Limited (UEDCL), the entity that took over from Umeme in April this year as the national power supplier, has reaffirmed its commitment to expanding electricity access across the country. This was revealed during a stakeholder…
Evelyn Anite, the State Minister of Finance for Investment and Privatisation, has revealed that Uganda’s economy is experiencing a remarkable transformation, growing at an impressive rate of 7% and positioning the country as a top investment destination in Africa. According…
In a bid to revamp the country’s power grid, the government of Uganda is set to invest US$ 100m about Shs370Bn in the Uganda Electricity Distribution Company Limited (UEDCL), which took over from Umeme at the beginning of this month.…
A heated dispute has emerged between Umeme Limited and the Ugandan government over the buyout amount following the expiry of Umeme’s 20-year concession in power distribution. The government, through a loan from Stanbic Bank, offered Umeme USD118 million, approximately Shs432…
The Uganda Electricity Distribution Company Limited (UEDCL) has outlined its ambitious plans to promote industrialization and entrepreneurship in Uganda, following its takeover from Umeme Limited. Despite the challenges faced by the company, including power outages and complications with buying and…