News

If the dispute is not resolved within 30 days, the wait might be longer, given that it will go into arbitration in London, UK ...
Ongoing disputes with the government may trigger market speculation and short-term share ...
Umeme Share Trading Ban Extended for a Month Over Buyout Dispute Kampala, Uganda | THE INDEPENDENT  & URN | Former Uganda ...
The government on a separate front is embroiled in arbitration proceedings with the former old metre gauge concessionaire, Rift Valley Railways (RVR) for termination of its concession in 2017 ...
KAMPALA, UGANDA | THE INDEPENDENT | The Uganda Electricity Distribution Company Limited (UEDCL) is set to use up to Shs43.3 ...
The Nairobi Securities Exchange has extended the suspension of Umeme Limited shares amid ongoing disputes with the Ugandan ...
Umeme’s head of legal services, Allan Rwakakooko, has revealed that the electricity distribution company is currently facing ...
The company’s latest available shareholder register shows that by the end of 2023, it had a total of 6,543 shareholders, out of whom 5,068 had a holding of 10,000 shares or below each.
Ugandan private power utility Umeme Limited said on Monday it had received $118 million in compensation from the government for unrecovered investments, following the expiration of its monopoly rights ...
Now that the hullabaloo about the government takeover of Umeme is over, there is a need to ask some questions. Questions that ...
Umeme’s concession ended on 31 March, when the company formally transferred operations to the state-owned Uganda Electricity ...
Uganda’s electricity sector is at a turning point, as Umeme Limited’s 20-year concession draws to a close. Umeme was the first private distribution operator in anglophone Africa. For nearly two ...