NEWVISION
POWER TARIFFS REDUCED AS UEDCL TAKES OVER
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Summary: As the Uganda Electricity Distribution Company Limited (UEDCL) took on the mantle to sell and distribute electricity yesterday, the Government has lowered end-user tariffs by 14% effective today. The second quarter tariffs were announced by the Electricity Regulatory Authority (ERA) during a function at which UMEME Limited handed over its electricity distribution business to UEDCL in Kampala’s Industrial Area. Domestic tariff has been reduced by UGX 19.5 to UGX 756.2 per unit from UGX 775.7 charged in the year’s first quarter.
2025/26 BUDGET ESTIMATES SHOOT TO UGX 71.7 TRILLION
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Summary: The 2025/26 budget estimate has risen from UGX 66 trillion to UGX 71.7 trillion, according to the latest estimates tabled in Parliament by Finance State Minister (General Duties) Hon. Henry Musasizi.
PRESIDENT MUSEVENI WOOS CHINESE MINERAL INVESTORS
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Summary: President Yoweri Museveni has reaffirmed Uganda’s openness to foreign investment and its long-term commitment to working with china.
INDIA, UGANDA DISCUSS BILATERAL TRADE TIES
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Summary: The third session of the India-Uganda Joint Trade Committee (JTC) meeting in New Delhi, India, has identified key sectors to boost trade investment between the two countries. The sectors include minerals, coffee and coca products, among others.
GOVERNMENT BOOSTS MOROTO CEMENT FACTORY WITH 35MW POWER LINE
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Summary: The Government has boosted the UGX 1.1 trillion cement factory under construction at Nadunget, Moroto District, with a 35 megawatt (MW) power line.
