News

If the dispute is not resolved within 30 days, the wait might be longer, given that it will go into arbitration in London, UK ...
KAMPALA, UGANDA | THE INDEPENDENT | The Uganda Electricity Distribution Company Limited (UEDCL) is set to use up to Shs43.3 ...
Umeme Share Trading Ban Extended for a Month Over Buyout Dispute Kampala, Uganda | THE INDEPENDENT  & URN | Former Uganda electricity distributors Umeme has officially disagreed on a buy out amount of ...
The government on a separate front is embroiled in arbitration proceedings with the former old metre gauge concessionaire, Rift Valley Railways (RVR) for termination of its concession in 2017 ...
The company’s latest available shareholder register shows that by the end of 2023, it had a total of 6,543 shareholders, out of whom 5,068 had a holding of 10,000 shares or below each.
Umeme’s concession ended on 31 March, when the company formally transferred operations to the state-owned Uganda Electricity ...
Now that the hullabaloo about the government takeover of Umeme is over, there is a need to ask some questions. Questions that ...
Umeme’s head of legal services, Allan Rwakakooko, has revealed that the electricity distribution company is currently facing ...
The Nairobi Securities Exchange has extended the suspension of Umeme Limited shares amid ongoing disputes with the Ugandan ...
The East African Securities Exchanges Association has launched the EAE 20 Share Index, ranking top firms across Kenya, Uganda ...
Ugandan private power utility Umeme Limited said on Monday it had received $118 million in compensation from the government for unrecovered investments, following the expiration of its monopoly rights ...