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 ...

Power generating companies in Uganda have reassured the public of uninterrupted electricity supply, even after the expiration of Umeme's contract. In a joint statement, Uganda Electricity ...

The Ugandan government is seeking a Sh24.7 billion ($190.9 million/UGX 697.8 billion) loan from Stanbic Bank to partially finance the buyout of Umeme investors as the firm’s 20-year concession ...

Uganda’s electricity distributor Umeme Limited which is cross listed on the Nairobi Securities Exchange (NSE) presents the highest dividend yield of 15.98 percent for investors moving into the ...

A nuclear electromagnetic pulse (EMP) strike could cripple the U.S. electrical grid, communications, transportation, and other critical infrastructure for months, an expert warned. Historian ...

KAMPALA - In under a week from now, the lease agreement between the Ugandan government and electricity distributor Umeme will expire. But ahead of the March 1 expiry date, MPs have expressed ...

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, ...