MoF Releases Shs19.79 Trillion to Power Final Quarter Spending
Finance Ministry allocates Shs19.79 trillion for Q4 2024/25 to boost services, development, and economic activity nationwide.
Tag: Auditor General
Umeme Accepts Govt Buyout, But Sets Stage for Appeal Over Billions
Umeme accepts a $118M buyout from Uganda’s government but will appeal the decision. A power transition with billions at stake.
Auditor General Cuts Umeme Buyout to Shs 430 Billion
Auditor General’s report lowers Umeme buyout to Shs430B, exposing a Shs267B overestimation in the original loan.
Opposition Slams Uganda’s Heavy Reliance on Foreign Health Funding
Uganda’s opposition warns against overreliance on foreign health funding, urging domestic resource mobilization to safeguard the healthcare system.
UEDCL Takes Over Umeme: What It Means for Uganda’s Power Sector and Workers
UEDCL is set to take over electricity distribution from Umeme, absorbing 2,500+ staff and seeking Shs4 trillion for a seamless transition.
Govt Ready to Take Over Umeme Concession by 2025, Says Nankabirwa
Energy Minister Ruth Nankabirwa confirms the government is ready to take over Umeme’s concession by April 2025, despite financial and operational challenges.