Electricity jolt for Ugandans.

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Ugandans were shocked to learn of a 250% hike in the price of electricity - effective immediately. The Uganda Electricity Authority pointed out that its prices have not changed in almost nine years and do not reflect the true cost of supplying power. The energy sector's capital costs are mostly denominated in foreign exchange and that, argued the authority, makes it necessary to peg the charges to forex fluctuations.

The new electricity tariff...

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