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…
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…
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…
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…
By Mark Muhumuza In 1998, Japheth Katto left a well paying job at the Financial Services Authority (FSA) in the United Kingdom, to be part of the team that set…