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 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 ...

Industry sources told of ongoing tightrope pulling between Umeme, which was initially looking at Shs1 trillion, and the government over the exact buyout amount. Cabinet last week on Monday gave a ...

This comes as UEDCL prepares to take over from Umeme, whose concession ends in March 2025. While manufacturers currently have the option to purchase electricity directly from generators, this process ...

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 ...

On April 1, Uganda Electricity Distribution Company Limited (UEDCL) will officially take over the last-mile distribution of electricity from Umeme, which is ending its 20-year concessionaire.

Uganda government is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out The government of Uganda is committed to meeting Umeme Limited’s buyout ...