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Umeme’s concession ended on 31 March, when the company formally transferred operations to the state-owned Uganda Electricity ...
Umeme Limited has officially relinquished control of Uganda’s electricity distribution back to Uganda Electricity ...
There are also additional costs of $9.79m (Shs35.7b) that are pending verification, which, if agreed upon, would add Shs22.04 ...
Umeme’s head of legal services, Allan Rwakakooko, has revealed that the electricity distribution company is currently facing ...
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 ...
Exiting electricity distributors Umeme Limited have issued a statement today stating they will accept a buy out amount of ...
Umeme’s 20 percent return on investment has long been blamed for keeping electricity tariffs high, stifling industrial growth ...
Umeme’s Head of Legal Services, Lawyer Allan Rwakakooko, has disclosed that the power distributor is currently entangled in ...
This morning, the Auditor General submitted a special audit report, verifying and confirming the buyout amount of US$118 million against the earlier approved US$190 million,” Tayebwa told the House.
Kampala, Uganda — Exiting electricity distributors Umeme Limited have issued a statement today saying they expect an estimated buy out amount of $234 million to be paid by Uganda government by March ...
Shareholders of cross-listed Ugandan electricity distributor Umeme are looking at a lower-than-expected payout after a ...
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