Investors

Umeme Managing Director, Selestino Babungi. Umeme is yet to publicly articulate how it intends to return value to shareholders during this transitional period—whether through special dividends, share buybacks, or another mechanism. Without clarity, market confidence is likely to deteriorate further.

No Light at the End of the Tunnel: Chaotic Umeme Exit Leaves Investors Guessing In the Dark

Umeme Limited, once the crown jewel of Uganda’s stock market, has left shareholders bewildered and disappointed following a turbulent 2024 marked by a record loss, an unexpected dividend freeze, regulatory concerns, and
A photo collage of Selestino Babungi and State Minister for Finance, Mr Henry Musasizi, who presented ast week tabled a proposal that sought Parliament’s approval to borrow $190.9m (about UGX702.7 billion) through a syndicated arrangement with Stanbic Bank Uganda.

What does the UGX700 billion buyout mean for Umeme shareholders?  

Now that we know we have an idea of the Umeme buyout amount, what could be in it for shareholders? Umeme has since last year been one of the most active counters
Startup Wise Guys" General Partner for Africa Petra Wolkenstein.

The Investors’ Digest: Ugandan Startups Need to Think About Regional Play from Day One – Petra Wolkenstein from Startup Wise Guys.

CEO East Africa is thrilled to announce the launch of a groundbreaking series of articles titled “The Investors’ Digest,” which aims to shed light on the investors that are backing Ugandan startups.

 

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