Umeme has reiterated its commitment of driving distribution efficiencies to ensure reliable and affordable electricity supply to support Uganda’s industrialization drive and access to clean energy. Speaking at the 9th…
Umeme shareholders have approved a total dividend payout of UGX19.8 billion after endorsing UGX12.2 per ordinary share based on the company’s 2020 performance. The dividend will be paid out on…
By Patrick Bitature The first quarter of 2021 has seen pieces of good news for the economy. Not just Uganda, but as the entire world is just emerging from the…
Founded in 1998, by Patrick Bitature, Simba Group is a conglomerate of East African companies spanning telecommunications, properties, power generation, agro-business, oil and gas, tourism and social enterprise. Simba Group…
Ugandans have come out to support the government’s move of signing ofthe Host Government Agreement (HGA) for the East Africa Crude Oil Pipeline (EACOP) project with Total. The ceremony took…
Uganda’s biggest power distributor UMEME Limited has announced its half year financial statements for the six months ended 30th June 2020 indicating a reduction in gross profit by 22 percent…
Following three and a half years of tutelage under her father’s wings, as Chief of Staff of the Simba Group, Dr. Nataliey Bitature has effective this month, January 2020 been…
Uganda’s electricity distributor, Umeme Limited has secured a USD70m (UGX258 billion) funding to support its planned investments in the electricity distribution network. The International Finance Corporation (IFC) was the lead-arranger…
Resident of Kigowa, Kiwatule, Buwate and Najjera 1 & 2 between August and October 2019 suffered up to 13 power cuts each month- an average of 1 power cut every…
The International Finance Corporation (IFC) the largest global development institution and a member of the World Bank Group, has reported, they are considering lending up to USD 70 million (UGX263.2 billion)…
