• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

RWANDA: Power theft blamed for US$ 21m loss

Watchdog Uganda by Watchdog Uganda
6 years ago
in Business, World News
6 0
ShareTweetSendShare

Rwanda’s national power generation, transmission and distribution cooperation, Rwanda Energy Group (REG) lost over Rwf 19 billion (US$ 21.3m) due to power theft.

REG attributed the loss to illegal connections, vandalising of power infrastructure and breakages.

Rwanda’s national power grid currently accommodates close to 220 megawatts, a significant increase from 76MW in 2010 but over 44 megawatts accounting for 19 per cent is lost through theft and transmission breakages.

According to the REG, homes, commercial buildings and small scale manufacturers are the main culprits.

As recent as late last year, Rwanda secured a US$125m (Rwf 110.9 billion) loan from the World Bank for electricity rollout.

“This programme will help us (Rwanda) accelerate the implementation of its plan to achieve 100 per cent access to electricity by 2024,” Uzziel Ndagijimana, the Finance and Economic Planning Minister said then.

The loan was to specifically deliver an additional 154,000 connections countrywide as part of the three-year DPO series worth US$325m which is a continuation of the World Bank’s current financing in the energy sector.

The credit extended to Rwanda has a repayment period of 38 years with grace period of six years and an interest charge of 0.5 per cent.

But while appearing before the senate on Monday, Rwanda Energy Group (REG)’s Chief Executive Officer Ron Weiss and the acting chairman of Board, Robert Nyamvumba revealed that the group has taken steps to address the problems facing the group as highlighted in the Auditor General’s (AG) report.

The senatorial session was part of an on-going assessment by the lawmakers to review reasons behind accounting and performance flaws at various government institutions as indicated by the AG’s report.

The AG report for the fiscal year 2016/17 indicated that there were delayed financial reporting and unreliable financial statements at REG’s subsidiary Energy Utility Corporation Limited (EUCL) as well as unreliable financial statements at the company’s Energy Development Corporation Limited (EDCL).


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
Share19Tweet1SendShare

Related Posts

Gen. Muhoozi Kainerugaba hosted Lt. Gen. Issa Saif Al Mazrouei for key discussions on enhancing Uganda–UAE military cooperation. Both sides reaffirmed commitment to regional stability and a shared defence vision.
Community News

Uganda-UAE Strengthen Military Ties in High-Level Meeting

11th July 2025 at 15:38
Joshua Kato
Business

JOSHUA KATO: Tax Amnesty re-introduced – A timely opportunity for businesses

10th July 2025 at 09:47
Business

Is Artificial Intelligence Beneficial or Detrimental?

10th July 2025 at 00:17
Next Post

Valentine plot? Look no further than Speke Resort Munyonyo

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1131 shares
    Share 452 Tweet 283
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    53 shares
    Share 21 Tweet 13
  • Who is Bosco Muwonge, Uganda’s elusive real estate billionaire?

    39 shares
    Share 16 Tweet 10
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2290 shares
    Share 916 Tweet 573
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    50 shares
    Share 20 Tweet 13
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Museveni wants to secure and protect the telecom infrastructure

How Opposition Instability Could Pave the Way for Museveni’s Victory in Uganda’s 2026 Elections

13th July 2025 at 11:18
Mashable is a global, multi-platform media and entertainment company For more queries and news contact us on this Email: info@mashablepartners.com

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is the undisputed king of Kampala

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0
Museveni wants to secure and protect the telecom infrastructure

How Opposition Instability Could Pave the Way for Museveni’s Victory in Uganda’s 2026 Elections

13th July 2025 at 11:18

President Museveni lauds Chief Justice Owiny-Dollo for upholding truth and transforming the Judiciary 

12th July 2025 at 23:33

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda