Electricity sector faces severe financial crisis

The electricity sector is experiencing significant financial difficulties. Major utility companies have accumulated debts totaling approximately Shs11.41 trillion. This financial burden is affecting the stability of the power supply. Several companies are struggling to meet their obligations. The situation has raised concerns among regulators. There are indications that further measures may be required. The crisis could impact the overall economic development of the region. The government is being urged to take action to address the issue.

The financial instability of the power sector threatens the reliability of electricity supply and economic growth.