Uganda, Jan. 10 -- The government's payment to Umeme's shareholders when its concession expires in March 2025 has reduced by Shs72 billion since last year, just 13 months before the power distributor handles operations to the government.

This has been established by the Electricity Regulatory Authority (ERA), as the power distributor continues to recoup its investments from power tariffs.

The potential collective sum available to pay off its current liabilities and shareholders after transferring its assets to government is in free fall, with the latter estimating it to be around Shs849 billion at the moment, from the prior Shs921 b that Umeme reported last year.

This figure is subject to an audit by the Auditor General, who will deter...