At least 500 members of staff of the power distribution company Umeme will have no jobs come April 1, when the Uganda ...

Discussions have been ongoing about the transition to a new distributor, UEDCL, which will take over after Umeme's departure. Thank you for reading Nation.Africa Show plans Power generating companies ...

Uganda’s overall external debt stock increased from $14.59 billion in June 2024 to $14.91 billion by the end of September ...

KAMPALA - Although Parliament has passed the $190.9 million (sh699 billion) buyout for electricity distributor UMEME Limited, some legislators have called for an audit of the money before payment.

KAMPALA - In under a week from now, the lease agreement between the Ugandan government and electricity distributor Umeme will expire. But ahead of the March 1 expiry date, MPs have expressed ...

The Ugandan government is seeking a Sh24.7 billion ($190.9 million/UGX 697.8 billion) loan from Stanbic Bank to partially finance the buyout of Umeme investors as the firm’s 20-year concession ...

Uganda’s electricity distributor Umeme Limited which is cross listed on the Nairobi Securities Exchange (NSE) presents the highest dividend yield of 15.98 percent for investors moving into the ...