• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
Subscribe
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News National News

Ugandans to pay Shs100 more for Isimba power

David Kugonza by David Kugonza
October 10, 2017
in National News, News
0
Ugandans to pay Shs100 more for Isimba power
1
VIEWS
Share on FacebookShare on Twitter

By Nelson Wesonga:

Ugandans will pay Shs217 for the 183–megawatt Isimba hydro power project’s power, which is Shs73 more than earlier thought.

Related articles

Low turnout for municipal mayor elections in Kamuli

US congressman slams Museveni over use of security in ‘partisan manner’

Different Energy officials had in the past told Ugandans Isimba’s generation tariff will be  Shs 144 the equivalent of 6 US cents per unit.

However, speaking during the Independence Day celebrations in Bushenyi yesterday, president Museveni said Nalubaale is US¢4 per unit, Kiira is ¢4, Agago will be¢6, Karuma will be ¢5, Isimba will be ¢6.

Bujagali’s power has the cost of ¢11 (Shs398) per unit which the president promised to sort out.

He explained that the people who negotiated on Uganda’s behalf for the Bujagali project ‘opted for expensive money’.

To rectify their mistake, Mr Museveni said his government is working to refinance Bujagali Dam with cheaper loans with a longer tenure.

Some critics have in the past said it is prudent to borrow money to repay Bujagali Dam’s now outstanding $470 million debt.

When the idea of refinancing Bujagali was first floated two years ago thereabouts, an official at the Treasury dismissed it.

The official said it would be better to use the money that would have gone to refinance Bujagali to build another power plant, and that Uganda should just wait out the Bujagali contract to end.

David Kugonza

David Kugonza

Related Posts

Low turnout for municipal mayor elections in Kamuli

Low turnout for municipal mayor elections in Kamuli

by Noelyn Nassuuna
January 25, 2021
0

BY OPIO SAM CALEB 32,754 voters in the 62 polling stations today vote for the Kamuli Municipality Mayor in an election marked by low voter turnout....

US congressman slams Museveni over use of security in ‘partisan manner’

US congressman slams Museveni over use of security in ‘partisan manner’

by Noelyn Nassuuna
January 25, 2021
0

The Majority leader of the U.S House of Representatives, Steny Hoyer has joined the growing list of U.S congressmen and activists to condemn the continued use...

Court orders all security personnel to vacate Kyagulanyi’s home

Court orders all security personnel to vacate Kyagulanyi’s home

by Noelyn Nassuuna
January 25, 2021
0

By Ruth Anderah  The High Court has issued an order directing police and the army to vacate the home of former presidential candidate, Robert Kyagulanyi, in...

Municipality, city division chairpersons to be elected today

Municipality, city division chairpersons to be elected today

by Noelyn Nassuuna
January 25, 2021
0

All is set for election of Municipality, City division chairpersons, direct councilors and women councilors today. The electoral commission last week concluded the first set of...

Covid19 pandemic: Billionaire wealth soar as millions become poorer

Covid19 pandemic: Billionaire wealth soar as millions become poorer

by Noelyn Nassuuna
January 25, 2021
0

By Ritah Kemigisa A new report by OXFAM dubbed the Inequality Virus has revealed that covid19 pandemic has worsened income inequality gap with over 1000 of...

Next Post
Prosecutors’ strike paralyses work at courts of law

Prosecutors' strike paralyses work at courts of law

UN Secretary-General condemns ADF attack on peace keepers

UN Secretary-General condemns ADF attack on peace keepers

UPDF Commander in Chief makes changes

UPDF Commander in Chief makes changes

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News

RECOMMENDED

Sports

FUFA Constitution ammended

June 28, 2012
Finance Minister Matia Kasaija
Health

No money for midwives’ salaries

September 2, 2013
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2021.

No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters

© 2021.