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    Celestino Babungi

    Umeme crosses 1 million customers mark, but sees reduced profit

    Forbes KaluleCompany NewsTechnology & InnovationThe Big StoryMarch 29, 2018March 29, 2018

    High financing costs and increased costs of operation dampened power distributor, Umeme’s net profit for 2017, results announced by the company today show. Despite an 8.7% growth in revenue from…

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