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 ...

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 ...