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…
Umeme Limited has officially declared a dispute with the government of Uganda over the buyout amount, signaling a potential legal proceeding, if the issue is not resolved within 30 days….
The Uganda Electricity Distribution Company Limited (UEDCL) has officially taken over the distribution network from Umeme Limited, marking the end of a 20-year concession period that began in 2004. This…
Corporate reputation is an aggregate of public perceptions about an organisation’s social, political, ethical and business behaviour and how people engage with that organisation based on these perceptions. Ultimately, this…
Central to these discussions are Uganda’s plans to wean herself off from being over-dependent on private foreign companies in managing the electricity sub-sector. In this case, a post-Umeme/Eskom- concession management…
Florence Nakimbugwe Nsubuga, the long-serving Umeme Limited Chief Operating Officer, is leaving the the power distributor for a Country CEO role at Berkeley Energy Uganda Limited, CEO East Africa Magazine,…
Increased economic activity thus increased power demand, translating into increased customer connections combined to spur a 19.9% growth in Umeme Limited’s gross revenues for H1 2023, the energy distribution company…
The National Social Security Fund (NSSF) has won their fourth Gold Award in Financial Reporting, beating 108 organisations which submitted their annual reports for evaluation in the 2022 Financial Reporting…
Power utility company Umeme Limited has come out to reassure its investors about its business ongoings in Uganda. This follows media reports that the utility firm is set to exit…
Power utility firm, Umeme has said that processes have been finalised to ensure that Kiruddu Hospital gets a dedicated power line. “Cable has been procured and delivered to stores, service…
