* mjc« iOAST>A ikkiu:m.hi.k-ofixianpa
V” "T" T| J J Published
^Uganda Gazette .x
]iered at the
I. XCVII No. 14 26th March, 2004 Price: Shs. 1000
CONTENTS Page The Divestiture was implemented as follows:
! Advocates Act—Notice .................................... 83 o The Divestiture and Reform Implementation Committee in
(Public Enterprises Reform and Divestiture its 290th meeting held on the 1st day of November, 2002
(ct— Notice ......................................................... 83 agreed that the Uganda Electricity Generation Company
-Electoral Commission—Notice .............. 84 Ltd. be concessioned to Eskom Enterprises Africa (EEA)
(Companies Act—Notices.................................... 84 for a 20 year concession after public tendering. The
-Trade Marks Act— Registration of applications 85-89 address of notice of UEGCL is as follows:
/ertisements .......................................................... 89-90 Uganda Electricity Generation Company Ltd.
P.O. Box 1101
SUPPLEMENTS Jinja - Uganda.
I o The successful bidder was Eskom Enterprises Africa,
l5—The Finance (Amendment) Bill, 2004.
Megawatt Park, Maxwell Drive, Sunninghill, Sandton,
tutory Instruments P. O. Box 1091, Johannesburg 2000, South Africa.
14— The Passport Regulations, 2004. o The Divestiture and Reform Implementation Committee
15— The Registration and Control of Aliens accepted an offer of US $500,000 being the transaction
Regulations, 2004. fee and additional payments of Monthly concession fee
16— The Uganda Citizenship and Immigration Control deduced as follows:
o UEGCL's existing debt obligations
‘J o Depreciation of UEGCL's assets
il—The Land (Amendment) Act, 2004. o Interest on any new debt raised by UEGCL to fund
2—The Financial Institutions Act, 2004. the investment program, and
o UEGCL's administrative costs.
lerai Notice No. 102 of 2004. • EEA's bid was evaluated on the basis of its proposed
THE ADVOCATES ACT. Generation Operational and Maintenance Charge
NOTICE. (GOMC) for the first seven (7) years of the Concession,
thereafter subject to review for the remaining period of
Plication for a certificate of eligibility. the Concession, as well as its proposed rate of return on
* is hereby notified that an application has been all investments the company makes. Here below is
jented to the Law Council by Harriet Nabankema who is EEA's GOMC as presented to and accepted by GOU:
,id to be a holder of Bachelor of Laws of Makerere
0 Year 1 USD $6,661,000
versity having been awarded a Degree on the 27th day of
o Year 2 USD $6,106,000
il 2001 and to have been awarded a Diploma in Legal
tace by the Law Development Centre on the 31st day of 0 Year 3 USD $6,388,000
0 Year 4 USD $6,276,000
/ 2002 for the issue of a Certificate of Eligibility for
o Year 5 USD $5,657,000
y of her name on the Roll of Advocates for Uganda.
o Year 6 USD $5,304,000
‘ipala, HELLEN OBURA (MRS), 0 Year 7 USD $5,388,000
'( January, 2004. Acting Secretary, Law Council. EEA further proposed a 12% rate of return on the
eral Notice No. 103 of 2004. • The consultants engaged by the Government of Uganda
for the divestiture were as follows:
M THE MATTER OF THE COMPLETION OF THE o Transaction Advisors: PAConsulting Group, Inc.
DIVESTITURE OF UGANDA ELECTRICITY 1750 Pennsylvania Ave
GENERATION COMPANY LTD. (UEGCL) NW Suit 1000
NOTICE Washington DC 20006 USA
Under Clause 12(5) of the Privatisation Guidelines, o Legal Advisors: Hunton &Williams
^cond Schedule of the Public Enterprises Reform and 951 East Byrd Street
Richmond, Virginia USA
; Divestiture Act Cap. 98 Laws of Uganda 2000)
o Investment Bankers: Fieldstone Africa (Pty) Ltd.
'Utility Reform Unit of the Ministry of Finance, Planning P. O. Box 41657. Craighall 2024
Economic Development of the Republic of Uganda No.3 Anderson Park Mews,
by notifies the general public that the Divestiture of the Summit Rd
lie enterprise known as Uganda Electricity Generation Dunkcld West, Hyde Park
ipany Limited (UEGCL) was completed on the 26th day South Africa.
tvember 2002 by signing a Concession and Assignment DATED at Kampala this 9th day of March, 2004.
.iement relating to the Nalubale and Kiira Hydroelectric EMMANUEL B. NYIRINKIND1,
pities located near Jinja, Uganda. Director, Utility Reform Unit