As Umeme exits the stage of power distribution 20 years later, challenges loom: Government-run utilities face efficiency obstacles. Without private capital, sourcing funds for ongoing grid ...

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.

Industry sources told of ongoing tightrope pulling between Umeme, which was initially looking at Shs1 trillion, and the government over the exact buyout amount. Cabinet last week on Monday gave a ...

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 ...

Swali ambalo wengi hujiuliza, kwa nini nchi hulazimika kuagiza umeme kutoka nchi nyingine wakati nchi zote zina vyanzo vyao vya kuzalisha umeme? Swali hili linazidi kuwa la msingi pale data ...

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 ...

Rais wa Tanzania John Magufuli jana aliiagiza kampuni ya ugavi wa umeme nchini humo (Tanesco) kuwakatia umeme wateja wote wenye madeni makubwa kwa kampuni hiyo, ikiwemo serikali ya Zanzibar ...