As Umeme exits the stage of power distribution 20 years later, challenges loom: Government-run utilities face efficiency obstacles. Without private capital, sourcing funds for ongoing grid ...
Uganda Electricity Generation Company Limited (UEGCL) and Bujagali Energy Limited (BEL) have reassured the public that electricity generation will remain stable even after Umeme's contract ends ...
KAMPALA - Although Parliament has passed the $190.9 million (sh699 billion) buyout for electricity distributor UMEME Limited, some legislators have called for an audit of the money before payment.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
A family in Wakiso, whose son was electrocuted and left with permanent disability, is worried that UMEME has not met the compensation charge of 500 million shillings that the court ordered the company ...
After 20 years of distributing power in Uganda and connecting villages, a cabinet decision in 2022 put a stop to the operations of UMEME. As they pack to leave, a trail of unemployment cases remains, ...
SFB Stifel Financial Corporation 5.
Four Police Officers, Umeme Staff Critical After Road Crash Crime According to Moses Mugwe, the Bukedi South region police spokesperson, the officers rammed into a collapsed bridge at River Manafwa ...
UMEME’s 20-year contract as Uganda’s electricity distributor ends on March 31, 2025, after which the government will transfer full responsibility to the Uganda Electricity Distribution Company Limited ...