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Message: [QUOTE="Queen, post: 86037, member: 27"] Grid leadership finally locks in as a long-time engineer takes full control of Uganda’s power backbone while the system strains under growth, regional ambitions, and years of transmission headaches. Leadership confirmation at UETCL [LIST] [*]Richard Matsiko takes the CEO seat at Uganda Electricity Transmission Company Ltd. [*]Acting label finally dropped after months. [*]Board signoff formalized the move. [*]State grid operator gains stability. [/LIST] Engineer background and credibility [LIST] [*]Richard Matsiko came up through the old Uganda Electricity Board. [*]Started as a trainee engineer in 1991. [*]Climbed through protection and planning roles. [*]Built deep institutional memory. [/LIST] Transmission system pressure points [LIST] [*]Grid still chokes power evacuation. [*]Karuma hydropower output remains constrained. [*]Isimba generation also hits limits. [*]Bottlenecks drag industrial uptake. [/LIST] Strategic direction ahead [LIST] [*]Richard Matsiko fronts the Corporate Strategic Plan 2025–2030. [*]Focus shifts to grid reinforcement. [*]Regional interconnectors get priority. [*]Reliability upgrades anchor the roadmap. [/LIST] Regional power trade ambitions [LIST] [*]Uganda eyes exporter status in the Great Lakes region. [*]Kenya and Tanzania sit high on the list. [*]Rwanda and eastern DRC matter for growth. [*]Capacity gaps still cap earnings. [/LIST] Leadership transition context [LIST] [*]Richard Matsiko follows Joshua Karamagi, CFA. [*]The predecessor exited after the financial reforms. [*]The balance sheet steadied during his tenure. [*]Governance uncertainty finally cools. [/LIST] [/QUOTE]

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