Ministry of Energy and Minerals Development

One of Umeme's modern substation at Nakawa, Kampala. Government needs USD215 million to compensate Umeme for its investments in the distribution network.

Umeme exit buyout to cost USD215 mn as MPs urge gov’t to act in haste to ensure there are no gaps after Umeme exit

The government of Uganda will have to part with USD215 million to acquire majority shares of power distributor, Umeme, when the power distributor’s 20-year contract comes to a close in 2025. Irene

 

error: Content is protected !!
×