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Umeme

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Coordinates: 00°19′00″N 32°34′46″E / 0.31667°N 32.57944°E / 0.31667; 32.57944
From Wikipedia, the free encyclopedia

Umeme
Company typePublic Utility: USE: UMEME
IndustryEnergy industry
Founded2004; 20 years ago (2004)
HeadquartersRwenzori House
1 Lumumba Avenue
Kampala, Uganda
Key people
Patrick Bitature
chairman
Selestino Babungi
chief executive officer[1]
ServicesElectricity
RevenueIncreaseAftertax: UGX:11.47 billion (US$3.026 million) (2023)[2]
Total assetsUGX:2.347 trillion (US$619.18 million) (2023)[2]
Number of employees
2,502 (2024)[3]
WebsiteHomepage

Umeme Limited is the largest energy distributor in Uganda, distributing about 97 percent of all electricity used in the country.[4] The shares of the stock of the company are listed on the Uganda Securities Exchange (USE) and are cross listed on the Nairobi Stock Exchange (NSE).[5] As of December 2023, the company's total assets were approximately UGX:2.347 trillion (US$619.18 million), with shareholders' equity of approximately UGX:937.381 billion (US$247.27 million).[2]

Location

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The registered offices of the company are located at Rwenzori House, 1 Lugogo Avenue, in the central business district of Kampala, the capital and largest city of Uganda.[1]

Formation

[edit]
UMEME Office

Umeme was formed in 2004[6] when the government of Uganda leased the Uganda Electricity Distribution Company Limited to a consortium belonging to Globeleq (56 percent), a subsidiary of the Commonwealth Development Corporation of the United Kingdom, and Eskom of South Africa (44 percent).[7] The transfer of assets did not take place until 1 March 2005.[8]

During 2006, the consortium formed by Globeleq and Eskom was restructured, with Globeleq becoming the sole owner of Umeme.[9]

Electricity pylons in Uganda

On 15 October 2012, Umeme became a listed company on the Uganda Securities Exchange (USE). A total of 622,378,000 shares, representing approximately 38 percent of its issued share capital at the time, became listed on the Ugandan bourse in an initial public offering (IPO).[10] The shares of the company started trading on the USE on 30 November 2012.[11] Umeme shares were first cross-listed on the NSE on 14 December 2012, with active trading commencing on 31 July 2013.[5] The company expected to use the proceeds from the IPO, estimated at UGX:171 billion, to expand its power distribution network and payoff debt.[12][13]

High Voltage center.

Ownership

[edit]

As of December 2021, the ten largest shareholders in the stock of the company were as illustrated in the table below:[14] As of December 2017, the company shares were held by institutional investors (72 percent) and retail investors (28 percent).[15]

Umeme Stock Ownership
Rank Name of Owner Percentage Ownership
1 National Social Security Fund
23.20
[14][16][17][18]
2 Allan Gray
14.82
3 Kimberlite Frontier Africa Master Fund
8.90
4 Utilico Emerging Markets
8.37
5 Coronation Global Opportunities Fund
7.03
6 Bnymlb Re
5.28
7 The Africa Emerging Markets Limited
3.90
8 International Finance Corporation
2.78
9 Duet Fund
2.45
10 Investec Asset Management
2.18
11 Conrad Hilton Foundation
1.93
12 Others through USE and NSE
22.92
Total
100.00

Governance

[edit]

Umeme is governed by a ten-person board of directors. They were re-elected at the 9th Annual General Meeting held on 6 May 2021, and they include the following people:[2][19][20]

Board of Directors of Umeme Limited
Rank Director Position Nationality Notes
1 Patrick Bitature Chairman Ugandan
2 Selestino Babungi Managing Director Ugandan
3 Gerald Ssendaula Non-Executive Director Ugandan
4 Pieter Adriaan Falling Non-Executive Director South African
5 Florence Namatta Mawejje Non-Executive Director Ugandan
6 Andrew Buglass Non-Executive Director   British
7 Anthony Marsh Non-Executive Director   British
8 Stephen Emasu Non-Executive Director Ugandan [21]
9 Riccardo Ridolfi Non-Executive Director Italian [21]
10 Florence Nakimbugwe Nsubuga Executive director/chief operating officer Ugandan
Total
10

Management structure

[edit]

Umeme is structured into twelve management departments, each headed by a senior manager. The senior managers form the executive committee, whose members were the following as of 1 June 2018:[22]

Umeme Senior Management Structure
Department Name of Manager Title of Officer
Office of the Managing Director Selestino Babungi Managing Director
Office of Human Resources Management Fred Mwita Machage Head of Human Resources
Operations Management Florence Nsubuga Chief Operations Officer[23]
Technical Office Simbiso Chimbima Chief technical officer
Corporate Development Blessing Nshaho Chief Corporate and Regulatory Officer
Information Office Nelson Bagenda Chief information officer
Finance Andrew Oyie Chief financial officer
Internal Audit Ruth Doreen Mutebe Head of Internal Audit
Customer Service Agnes Nalwanga Head of Customer Service
Supply Chain Patrice Namisano

Head of Supply Chain

Comminution and Public Relations Peter Kaujju

Head of Communications & Public Relations.[24]

Capital Projects Isaac Serwadda Head of Capital Projects

Under the executive committee, Umeme has 25 other managers who assist the executives to implement company policy and run the company on a daily basis. In March 2015, Selestino Babungi was appointed managing director, replacing Charles Chapman who served in that role from February 2009 until March 2015.[25]

Unreliability of service

[edit]
A graph showing frequent power outages in the Kibuli area of Kampala during the month of April 2016.

Within Uganda, Umeme is known for chronic unreliability and has been accused of corruption.[26] Customers frequently face extended service outages,[27][28] which are occasionally followed by protests, riots, and assaults on Umeme employees.

Protests and rioting

[edit]

In 2010, protests erupted after a two-week power blackout in the town of Bugembe. Attempts to disperse the protesters led to violent clashes between police and irate residents. Nine were arrested, with eight being charged with inciting violence, staging an unlawful and violent assembly, and insulting the police.[29]

In 2011, a two-month power outage led to protests in Jinja. Residents and business owners built barricades, set tires ablaze, and blocked traffic. Police responded with tear gas and live ammunition.[30] Days later, over 100 people were dispersed by riot police using tear gas and rubber bullets after marching on Umeme's offices in protest of recurring outages in Masaka town.[31]

In 2012, after a month-long outage along the Kampala–Gayaza Road, stone-throwing protesters caused property damage and injuries.[32]

In 2014, a Umeme manager in Mubende was beaten severely by an infuriated mob during power-related protests at the Kasambya trading centre. The ensuing battle between rioters and security forces resulted in 15 arrests and one other injury, including a trader who was shot twice.[33] Later that year, Kampala print and publishing shop owners went on strike, blocked Nasser road, and burnt paper and plastic to protest six-day power cuts along the road. Security forces used tear gas to disperse the protesters.[34]

In November 2018, hundreds of people demonstrated in front of Umeme's office in Gulu Town in north Uganda. Many people involved in business were complaining that the frequent power outages raise their costs and prevent them from properly managing their ventures. The crowd was joined by MPs supportive of the protesters. Although the demonstration was peaceful, security forces fired teargas to stop it. One person was shot in the buttock.[35]

Recommendations by parliament

[edit]

In 2013, a probe committee of Uganda's Parliament recommended cancellation of Umeme's contract due to its chronic failure to provide reliable services, which would trigger a contract severance payment of at least US$148 million.[36]

The following year, Uganda's Parliament recommended that Umeme's "contract should be terminated” due to the gross manipulations encountered in the procurement of the Umeme concession, and the scandalous provisions of the power distribution agreements signed between the government of Uganda and Umeme.[37] Ultimately, this course of action was decided against because it would have been too expensive and politically complicated.[38]

Power losses

[edit]

In June 2016, Umeme estimated its total power losses across its network at 19.1 percent.[39] In September 2016, Umeme estimated that it lost UGX:106 billion annually from nonpayment of bills, vandalism, and illegal connections.[39] Fifty-one percent of its losses come from the Bugisu sub-region in the Eastern Region.[39]

In June 2015, Umeme estimated its power losses at 19.2 percent. Of that, 13 percent was attributable to technical losses (resulting from poor network configuration) and 6.2 percent was from commercial losses (such as power theft and under-billing). In 2017, Umeme's power losses were reduced to 17.2 percent.[40] Umeme planned to reduce total power loss to 15 percent by 2018.[41] According to Umeme, power losses had been reduced to 16.4 percent, as of December 2019.[42]

In August 2021, Umeme's metering service manager, Christine Namutebi announced the disconnection of over 8,000 illegal connections and the arrest of more than 4,000 individuals, for electricity theft and unauthorized connection to the national grid. The areas most violated by energy thieves include Kampala Metropolitan Area, Jinja Metropolitan Area, Mbale District, Masaka District and Mityana District.[43][44]

History

[edit]

In May 2010, Umeme's communications director Charlotte Kemigyisha wrote a commentary in the Daily Monitor newspaper urging public support for President Yoweri Museveni's proposal to make electricity theft a capital offense.[45]

In December 2010, Umeme announced plans to invest US$32 million during 2011 in new substations, improvements in grid connectivity, and the introduction of pre-payment systems.[46]

In November 2013, Umeme announced that it had secured loans totaling US$190 million from the International Finance Corporation, Standard Chartered Bank, and Stanbic Bank to fund grid expansion and reduce energy losses.[47]

Umeme spent US$440 million between 2013 and 2018 to overhaul equipment, buy technology, and add distribution points.[48]

In March 2016, the Daily Monitor newspaper reported that Umeme had signed a contract with the Uganda Electricity Transmission Company Limited to distribute the power generated from the Isimba Hydroelectric Power Station, due online in 2018, and the Karuma Hydroelectric Power Station, due online in 2020.[49]

In September 2016, a senior Umeme executive said that the company planned to spend US$2 billion over the next five years to expand the grid and increase access rates from an estimated 20 percent in 2016 (about 900,000 subscribers) to 40 percent in 2020 (about 3 million subscribers).[50] In December 2017, Umeme announced plans to invest US$155 million in 2018, to improve the distribution network, build new substations and refurbish old networks across Uganda.[51] In May 2018, in an interview with Reuters, Celestino Babungi, the CEO of Umeme, announced that the company planned to raise US$1.2 billion to revamp and expand the national distribution grid over the next seven years. A consultant was hired to advise and guide on how to raise the funds.[52]

In June 2019, the Daily Monitor newspaper reported that Umeme planned to borrow US$70 million from the International Finance Corporation to add to the US$255 million raised internally, in order to invest in network upgrades and expansion while reducing network losses along with increased collection targets during the 2019–2024 time frame.[53]

In December 2019, Umeme received a syndicated loan of US$70 million from four financial institutions as laid down in the table below. A portion of the loan will be utilized to set up distribution systems to effectively distribute power from Isimba and Karuma. Part of the loan will also support extension of power to industrial parks, upgrading Umeme's network, building the backbone on which more electricity connections will be supplied, accelerate prepayment metering and reduce energy losses. Two hundred and thirty thousand customers out of the 1.4 million customers that Umeme services, as of December 2019, are in the process of being converted from post-service billing to pre-paid metering. At that time, total energy losses stood at 16.7 percent, of which 11.7 percent were technical and 5 percent were commercial.[54] As of December 2023, Umeme reported system losses of 16.2 percent, the lowest in the 20 years of the concession.[2]

Umeme Syndicated Loan, December 2019: Sources[54]
Rank Lender Amount in US Dollars Percentage Notes
1 International Finance Corporation 28.00 million 40.00 Loan
2 Stanbic Bank Uganda Limited 16.0 million 22.85 Loan
3 Standard Chartered Uganda 16.0 million 22.85 Loan
4 Netherlands Development Finance Company 10.0 million 14.30 Loan
Total 70.0 million 100.00

Customer base

[edit]

As of January 2016, Umeme's customer base was about 790,000, with approximately 16,000 customers being added every month. The company expected its customer base to exceed 1 million by the end of 2016.[55]

As at 30 June 2017, Umeme exceeded 1,000,000 paying customers, with the numbers growing at a rate of 13 percent annually.[56][57]

According to the Daily Monitor, as of April 2018, Umeme had 1,125,291 customers.[58] Seventy percent of those customers were on the pre-paid metering system, known as "Yaka".[59] By June 2019, Umeme's customer base exceeded 1.4 million connections.[60]

By July 2018, pre-paid metering covered an estimated 80 percent of all Umeme's customers.[61] At that time, the customer mix was as illustrated in the table below:[61]

Umeme Customer Profile As At July 2018
Rank Customer Type % Consumption Cost per kWh (USD)
1 Industrial Customers
65
 0.10
2 Commercial Customers
12
 0.18
3 Domestic Customers
23
 0.20
Total
100.00

As of December 2018, Umeme serviced more than 1.3 million customers, representing an estimated 25 percent of Uganda's population.[62][63]

As of December 2019, Umeme serviced in excess of 1.5 million customers, of whom 1.47 million (98 percent) were on the prepaid metering service called "Yaka".[64] As of May 2020, Umeme expected to increase its customer base by 2 million to bring total number of customers to 3.5 million by 2025.[65] In June 2020, the utility company expected to add 300,000 new customers to the network in 2020. At that time Umeme had plans to invest US$450 million (USh1.7 trillion), between 2019 and 2025, to (a) increase demand of electricity (b) increase reliability of supply (c) increase number of grid connections and (d) reduce power losses.[66] By December 2020, Umeme's customer base had expanded to 1,530,000 customers, of whom an estimated 97 percent were on the pre-metered Yaka billing system.[67]

According to the Electricity Regulatory Authority the customer mix among Ugandan electricity consumers, as of June 2021, was as represented in the tab below.[68]

Ugandan Electricity Consumer Profile As At June 2021
Rank Customer Type % Consumption
1 Extra Large Industrial Customers
28
2 Large Industrial Customers
25
3 Medium Industrial Customers
14
4 Commercial Customers
11
5 Domestic Customers
22
Total
100.00

Customer growth

[edit]

The table below represents the growth trajectory of the number of grid-connected customers in Uganda.[69]

Number of Grid-connected Customers At End of Year.
Rank Year Customers New Customers % Growth
1 2014 698,359 – –
2 2015 862,685 164,326 23.53
3 2016 991,882 125,197 14.51
4 2017 1,177,812 185,930 18.75
5 2018 1,352,735 174,923 14.85
6 2019 1,500,000+[64] 147,265 10.89
7 2020 1,530,000[67] 30,000 2.00
8 2021 1,636,431 106,431 6.95
9 2022 1,757,563[70] 121,132 7.40
10 2023 1,950,000[2] 192,437 10.95

Infrastructure

[edit]

As of May 2020, Umeme was responsible for the grid network at and below 33 kiloVolts.[71] At that time, the physical infrastructure available to Umeme included "over 33 substations and 12,631 transformers". Umeme was in the process of building another substation with two transformers to service the neighborhoods of Nansana, Kakiri and Wakiso, whose power needs are projected to grow between 15 and 20 percent in the next five years (2020–2025). The work will cost US$1.5 million (USh5 billion).[65]

In August 2020, Umeme announced that it was in the process of improving the electricity connections to large industrial consumers in the vicinity of Mukono Municipality. The company was constructing seven dedicated double circuit supply lines from a substation in the settlement of Mbalala (not Mbarara) to each of (a) Katosi Water Works (b) Kampala Cement Company Limited (c) Tian Tang Group and (d) Landy Industries Limited, among others. These electrical upgrades, were expected to conclude in December 2020, and were expected to cost USh12.4 billion (US$3.4 million).[72]

In July 2021, Umeme contracted an Egyptian firm Giza Systems, at a contract fee of USh7 billion (US$2 million), to build a new substation to serve the city of Entebbe. The substation will be constructed on land provided by National Water and Sewerage Corporation (NWSC). Beneficiaries include NWSC pumping and treatment station in Entebbe and Entebbe International Airport, which will receive stable power on a more consistent basis. Construction work is expected to conclude in December 2021.[73][74]

Negotiation of new contract

[edit]

In December 2018, President Yoweri Museveni instructed Irene Muloni, Uganda's Energy Minister to begin negotiations with Umeme regarding the renewal of the energy concession, when the current contract expires in 2025. The ministry of energy, the ministry of finance and the office of the attorney general will represent Uganda during these negotiations.[75]

On 13 June 2019, during the reading of the national budget for the financial year 2019/2020, Uganda's Finance Minister, Matia Kasaija indicated that the government will extend Umeme's power distribution concession beyond 2025. Fresh negotiations will be held to finalize the details.[60] Those negotiations started in February 2020.[76]

See also

[edit]

References

[edit]
  1. ^ a b Ismail Musa Ladu (16 March 2015). "Umeme gets new chief executive officer". Daily Monitor. Kampala. Retrieved 1 June 2018.
  2. ^ a b c d e f Umeme Limited (22 March 2024). "Annual Report And Audited Financial Statements For The Year Ended 31 December 2023" (PDF). Umeme Limited. Kampala, Uganda. Retrieved 29 April 2024.
  3. ^ Victoria Bagaaya (21 July 2024). "Uganda: Legislators Put UEDCL to Task Ahead Over Umeme Takeover" (via AllAfrica.com). Nile Post Uganda. Kampala, Uganda. Retrieved 26 July 2024.
  4. ^ Nelson Wesonga (28 March 2016). "Poor power network worries electricity company". Daily Monitor. Kampala, Uganda. Retrieved 28 March 2016.
  5. ^ a b David Mugwe (1 August 2013). "Umeme makes first trade at NSE, electronic share transfer goes live". The EastAfrican. Nairobi, Kenya. Retrieved 6 May 2014.
  6. ^ Actis Capital (2011). "About Umeme Limited". London: Actis Capital. Archived from the original on 5 February 2012. Retrieved 1 June 2018.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  7. ^ Busharizi, Paul. "UEDCL sold, $65m injection seen by 2010". New Vision. Kampala. Retrieved 16 February 2016.
  8. ^ Mare, Paul (16 August 2007). "An insight into Umeme concession and work". New Vision. Kampala. Retrieved 16 February 2016.
  9. ^ Kasita, Ibrahim (22 February 2007). "Umeme owner Globeleq up for grabs". New Vision. Kampala. Retrieved 16 February 2016.
  10. ^ Ilungole, Stephen (12 October 2012). "Regulators finally approve UMEME IPO". New Vision. Kampala. Retrieved 16 March 2015.
  11. ^ Sanya, Samuel (21 October 2012). "UMEME shares selling fast". New Vision. Kampala. Retrieved 6 May 2014.
  12. ^ Ilungole, Stephen (16 October 2012). "Umeme IPO: 46% shares bought". New Vision. Kampala. Retrieved 17 February 2016.
  13. ^ Busuulwa, Bernard (27 October 2012). "Umeme looks to clear debt with IPO money". The EastAfrican. Nairobi. Retrieved 1 October 2016.
  14. ^ a b Martin Luther Oketch (27 May 2022). "NSSF earns Shs73.2b from Umeme shares". Daily Monitor. Kampala, Uganda. Retrieved 28 May 2022.
  15. ^ Bernard Busuulwa (27 December 2017). "Fears over concession affect Umeme's price". The EastAfrican. Nairobi, Kenya. Retrieved 27 December 2017.
  16. ^ Mark Keith Muhumuza (9 November 2016). "Uganda: Umeme Acquisition - What More Shares Mean for NSSF" (via AllAfrica.com). Daily Monitor. Kampala, Uganda. Retrieved 10 November 2016.
  17. ^ Biryabarema, Elias (16 November 2016). "UK private equity firm Actis sells out of Ugandan utility Umeme". Reuters.com. Retrieved 16 November 2016.
  18. ^ Mwaniki, Charles (16 November 2016). "Umeme resumes trading shares on Nairobi, Kampala bourses". Business Daily Africa. Nairobi. Retrieved 16 November 2016.
  19. ^ Umeme (17 April 2018). "Umeme Limited: Board of Directors". Kampala: Umeme Limited. Retrieved 17 April 2018.
  20. ^ URN (17 May 2018). "Umeme shareholders reject Bigirimana over 'tainted, corrupt image'". The Observer (Uganda) Quoting Uganda Radio Network (URN). Kampala. Retrieved 18 May 2018.
  21. ^ a b "Umeme deputy MD Sam Zimbe to retire". Daily Monitor. Kampala. 17 April 2018. Retrieved 17 April 2018.
  22. ^ Umeme (28 May 2022). "Senior Management Team". Umeme Limited. Kampala, Uganda. Retrieved 28 May 2022.
  23. ^ Ladu, Ismail Musa (13 February 2012). "Umeme to realign operations with two new appointments". Daily Monitor. Kampala. Retrieved 6 May 2014.
  24. ^ Jonah Kirabo (15 June 2020). "KCCA's spokesperson Kaujju leaves City Hall after nine years". Kampala: Nile Post Uganda. Retrieved 25 June 2020.
  25. ^ New Vision (20 May 2009). "Electricity utility boss resigns". New Vision. Kampala, Uganda. Retrieved 17 February 2016.
  26. ^ Nelson Wesonga, and Isaac Imaka (11 December 2013). "Kadaga orders Umeme bribery claims probe". Daily Monitor. Kampala. Retrieved 17 February 2016.
  27. ^ Bernard Busuulwa (21 October 2015). "Power cuts: No respite for Umeme's large users". The East African. Nairobi, Kenya.
  28. ^ World Bank (2014). "Power outages in firms in a typical month (number)". World Bank. Washington, D. C. Retrieved 17 February 2016.
  29. ^ Gulumaire, Andrew (19 November 2010). "8 Ugandans remanded over Jinja Umeme riot". Daily Monitor. Kampala. Retrieved 17 February 2016.
  30. ^ Biryabarema, Elias (2 December 2016). "Uganda power cuts provoke riots, threaten economy". Reuters.com. Retrieved 17 February 2016.
  31. ^ Kitatta Kaaya, Sadab (4 December 2011). "Police take over Umeme offices". The Observer (Uganda). Kampala. Retrieved 17 February 2016.
  32. ^ Administrator (17 January 2012). "Umeme Riots Rock Kampala, Wakiso". Kampala: Chipreports.com. Retrieved 17 February 2016.
  33. ^ Kagiri, Luke (26 April 2014). "Umeme boss beaten by mob in Mubende". New Vision. Kampala. Retrieved 13 February 2016.
  34. ^ Kafeero, Stephen (18 September 2014). "Nasser Road traders riot after 6 days power outage". Daily Monitor. Kampala. Retrieved 17 February 2016.
  35. ^ "MPs Otto, Olanya Join Gulu Protest Against Frequent Power Cuts by Umeme". Online news from Uganda and the East African region - SoftPower News. 3 December 2018. Retrieved 3 April 2019.
  36. ^ Abdallah, Halima. "Uganda faces high bill to end Umeme deal". The East African. Nairobi. Retrieved 17 February 2016.
  37. ^ "Terminate Umeme and Eskom Contracts". Uganda: parliament.go.ug. 27 March 2014. Retrieved 3 May 2016.
  38. ^ "Why Umeme contract will not be terminated". Uganda: Observer. 8 April 2014. Retrieved 3 May 2016.
  39. ^ a b c Adengo, Jonathan (21 September 2016). "Uganda: Power Theft Loss Rises to Shs100 Billion". The Monitor. Kampala. Retrieved 24 January 2017 – via AllAfrica.
  40. ^ Vision Reporter (2 October 2018). "Umeme lauds government policy on power thieves". New Vision. Kampala. Retrieved 20 December 2018.
  41. ^ Anyanzwa, James (12 December 2015). "East Africa electricity firms in bid to reduce power losses". The EastAfrican. Nairobi. Retrieved 4 June 2016.
  42. ^ Teddy Nayiga (4 July 2020). "Umeme unveils UGX.310b plan for grid expansion and stability". Kampala: PML Daily Uganda. Retrieved 5 September 2020.
  43. ^ Benon Ojiambo (23 August 2021). "Umeme recovers sh1b from illegal consumers". New Vision. Kampala, Uganda. Retrieved 2 September 2021.
  44. ^ Cecilia Okoth (2 September 2021). "UMEME unearths 8,000 illegal connections, arrests 4,000". New Vision. Kampala, Uganda. Retrieved 2 September 2021.
  45. ^ Charlotte Kemigyisha (May 2010). "Make electricity vandalism a capital offence". Daily Monitor. Kampala, Uganda. Retrieved 13 February 2016.
  46. ^ Fred Ojambo (30 November 2010). "Umeme Uganda to Invest $32 Million in Power Substations in 2011". Bloomberg News. Retrieved 6 May 2014.
  47. ^ "Ugandan power firm Umeme gets $190 million for grid expansion". Thomson Reuters. Reuters. 13 November 2013. Archived from the original on 22 February 2016. Retrieved 17 February 2016.
  48. ^ Fred Ojambo (9 April 2015). "Umeme Will Invest Up to $100m Upgrading Uganda Network This Year". Bloomberg News. Retrieved 17 February 2016.
  49. ^ Mark Keith Muhumuza (23 March 2016). "Umeme to distribute Karuma, Isimba power". Daily Monitor. Kampala, Uganda. Retrieved 23 March 2016.
  50. ^ George Obulutsa (22 September 2016). "Uganda to spend $2 billion on power connections, grid". The EastAfrican Quoting Reuters. Retrieved 22 September 2016.
  51. ^ The Independent Uganda (27 December 2017). "Uganda: Umeme to Invest US$155 Million in 2018". The Independent via AllAfrica.com. Retrieved 27 December 2017.
  52. ^ Elias Biryabarema (16 May 2018). "Uganda power distributor Umeme to spend $1.2 bln to expand grid". Reuters.com. Retrieved 26 July 2024.
  53. ^ Christine Kasemiire (14 June 2019). "Umeme Seeks Shs262 Billion Loan To Fund Final Leg Of Concession". Daily Monitor. kampala. Retrieved 17 June 2019.
  54. ^ a b Christine Kasemiire (13 December 2019). "Umeme secures Shs258 billion syndicated loan for investment". Daily Monitor. Kampala, Uganda. Retrieved 13 December 2019.
  55. ^ Michael Wakabi (9 January 2016). "Umeme customer base to hit 1 million in 2016". The EastAfrican. Nairobi. Retrieved 12 January 2016.
  56. ^ The Eagle Reporter (8 December 2017). "Umeme customers now scale the one million mark". Eagle.co.ug (The Eagle). Retrieved 10 January 2018.
  57. ^ Rupiny, David (11 May 2017). "Umeme Customers Hit One Million Mark". Kampala: Uganda Radio Network. Retrieved 16 March 2018.
  58. ^ Wesonga, Nelson (8 April 2018). "Umeme to recover Shs104 billion from domestic customers". Daily Monitor. Kampala. Retrieved 17 April 2018.
  59. ^ The Uganda Independent (22 November 2017). "Umeme investment in power distribution infrastructure paying off". The Independent (Uganda). Kampala. Retrieved 17 April 2018.
  60. ^ a b Monitor Reporter (14 June 2019). "Government to extend Umeme concession". Daily Monitor. Kampala. Retrieved 14 June 2019.
  61. ^ a b Wakabi, Michael (12 July 2018). "Uganda's electricity sector at a critical crossroads". Daily Monitor. Kampala. Retrieved 12 July 2018.
  62. ^ Tentena, Paul (26 March 2019). "Umeme Sets Aside US$70 Million For Network Upgrade Despite Contract Uncertainty". East Africa Business Week. Kampala. Retrieved 26 March 2019.
  63. ^ David Lumu (25 March 2019). "Umeme Registers 1.3 Million New Connections". New Vision. Kampala. Retrieved 26 March 2019.
  64. ^ a b Ashita Chopra (6 April 2020). "We have no power to cut or raise service charges, utility firms say". Daily Monitor. Kampala. Retrieved 7 April 2020.
  65. ^ a b Ashita Chopra (22 May 2020). "Umeme to spend Shs5b on new Kakiri substation". Daily Monitor. Kampala. Retrieved 22 May 2020.
  66. ^ New Vision (29 June 2020). "Umeme targets 300,000 customers in its Sh310b plan". New Vision. Kampala. Retrieved 16 August 2020.
  67. ^ a b Godfrey Ivudria (12 December 2020). "Umeme Tables Shs813 Billion Budget For 2021". Business Week. Kampala. Retrieved 11 April 2021.
  68. ^ Electricity Regulatory Authority (16 March 2022). "Energy Sales by Customer Category". Electricity Regulatory Authority. Kampala, Uganda. Retrieved 27 April 2022.
  69. ^ Electricity Regulatory Authority (2 April 2019). "Electricity Distribution Statistics: Customer Growth". Kampala: Electricity Regulatory Authority. Retrieved 15 May 2020.
  70. ^ Ernest Jjingo (12 April 2023). "Shs 4 billion electricity project goes live". The Observer (Uganda). Kampala, Uganda. Retrieved 23 April 2023.
  71. ^ James Baanabe (12 September 2018). "Overview of Uganda's Power Sub-Sector: Key Players in the Power Sector" (PDF). Static1.squarespace.com. Kampala, Uganda. Retrieved 22 May 2020.
  72. ^ Christine Kasemiire (6 August 2020). "Umeme Seeks To Integrate Mukono Power Network". Daily Monitor. Kampala, Uganda. Retrieved 6 August 2020.
  73. ^ Paul Murungi (22 July 2021). "Shs7b plant to stabilise power supply in Entebbe". Daily Monitor. Kampala. Retrieved 23 July 2021.
  74. ^ Edna Kyokunzire (14 July 2021). "Umeme kicks off construction of a UGX5 billion substation to address power demand in Entebbe". CEO Magazine Uganda. Kampala, Uganda. Retrieved 12 August 2021.
  75. ^ Wesonga, Nelson (19 December 2018). "Negotiate extension of Umeme concession, Museveni directs". Daily Monitor. Kampala. Retrieved 19 December 2018.
  76. ^ Christine Kasemiire (19 February 2020). "Government starts discussing renewal of Umeme 20-year concession". Daily Monitor. Kampala. Retrieved 20 February 2020.
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00°19′00″N 32°34′46″E / 0.31667°N 32.57944°E / 0.31667; 32.57944

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