Umeme will spend $1.9m (Shs 7b) to overhaul the Ntinda substation to stabilize supply to Ntinda and surrounding areas. Key among the works will include replacing the current switchgear (equipment…
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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…
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The Government of Uganda will renew Umeme Limited’s electricity distribution concession, Hon Matia Kasaija the Finance, Planning and economic Development minister, has confirmed, ending months of uncertainty and speculation. “With…
By Patrick Bitature Umeme, would like to congratulate the government for having successfully gone through the 2019 Manifesto Week, that run from 13th -24th May 2019. We particularly would like…
The Umeme Annual General Meeting, has today approved a UGX28.2 per share final dividend to all its shareholders for the year ended 31 December 2018. This, in addition to the…
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…
Silvia Nyambura Centenary Bank account holders will no longer have to visit Umeme offices to pay their electricity bills following the unveiling of a partnership between the two companies dubbed…
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Taddewo Senyonyi In March 2005, Umeme took over the assets of Uganda Electricity Distribution Company Ltd, in effect inheriting the former UEB negative heritage of load shedding, poor customer services…
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By Patrick Kagenda Most Finance people are known to be reclusive and introverts but not for David Njoroge the former General Manager at Hima Cement, who has since joined IPS…
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By Muhereza Kyamutetera & Mark Muhumuza 9 months after Umeme shares were publicly listed a midst a lot of pessimism, the company is doing so well and if the results of the…
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