Tag Archives: UMEME

UMEME RIP-OFF! Taxpayers Boil As UMEME Smiles To Bank With Sh428Bn Buyout…But Leaves Shs600Bn Unpaid to UETCL

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Government has come under fire for paying US$118Million (UGX428.990Bn) to UMEME Limited as buyout amount at the end of its concession in March 2025 yet the same company owes Uganda Electricity Transmission Company Limited (UETCL) UGX600Bn. Parliament’s Committee on Environment and Natural Resources, notes that the UGX600Bn arose from electricity UETCL supplied to Umeme. This development came up during a …

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