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Uganda says will not renew Eskom's hydropower licences next year - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Uganda said on Friday it would not renew South Africa power firm Eskom’s licences to run two hydropower stations when they expire in March next year, as part of plans to bring the electricity sector under government control to reduce costs to consumers.

The logo of state power utility Eskom is seen outside Cape Town's Koeberg nuclear power plant in this picture taken March 20, 2016.The logo of state power utility Eskom is seen outside Cape Town's Koeberg nuclear power plant in this picture taken March 20, 2016.

President Yoweri Museveni has repeatedly complained that expensive private capital was responsible for high electricity tariffs in Uganda, which makes it unaffordable for consumers. The government intends to “minimise expensive private capital” in the electricity sector by bringing it under direct state management and control, the ministry said.

 

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Uganda

Good Eskom is secret run down by Rupert and Rothschild family

Some governments actually care about its citizens. Unlike GovZa

Bad for us, but great for Uganda.

Thina we selling to foreigners

Good for you Uganda, i wish we also had alternatives to Eskom 😒

By far the most scandalous company in this country, no wonder they want it so much, it's a mega cash cow!

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