Umeme and the importance of the river

The Government’s stated reason for winding down the concessions is that the private players are not allowing it to meet its stated aim of selling power at $5 cents a unit.

The power sector was privatised primarily because we did not have the funds to invest in it. Has that changed today? No.

By: NewVision Reporter, Journalists @NewVision

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Last week, power distribution company Umeme released its report ahead of its Annual General Meeting (AGM) at the end of this month.

We already know that

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Umeme and the importance of the river

The Government’s stated reason for winding down the concessions is that the private players are not allowing it to meet its stated aim of selling power at $5 cents a unit.

The power sector was privatised primarily because we did not have the funds to invest in it. Has that changed today? No.

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