Uganda’s largest power distribution company, Umeme Limited , plans to launch an approximately US $83.27M electric power distribution project this year to improve the distribution network of the East African country. This was revealed by Selestino Babungi, the company’s Chief Executive Officer (CEO). Mr. Babungi said that company has already secured approval for the project […]
Featured image: Stock To meet the Government of Uganda’s Electricity Connections Policy 2018-2027, the country’s power distribution company Umeme unveiled an $83.3 million capital expenditure plan for 2020. Umeme’s managing director, Selestino Babungi, advised media that the 2020 plan is part of a larger $450 million 2019 and 2025 investment agenda. This plan is in […]
Umeme shareholders to receive a Dividend Payment of UGX24 per share on 29th February 2024. This only applies to shareholders on the Company’s Register of Members as on 9th February 2024.
Umeme shareholders on the Company’s Register of Members on 28th July 2020 to receive a Interim Dividend Payment of UGX 41.3 per share on 17th August 2020.
Umeme’s 2021 Annual General Meeting will be held on Thursday 6th May 2021 at 10:00 am by electronic means.
Mr Peter Kaujju Mr Peter Kaujju has resigned from his job of Manager Communications, Public and Corporate Affairs at Kampala Capital City Authority (KCCA) and joined electricity distributor UMEME as head of Communications. In a May 30, 2020 letter addressed to the Permanent Secretary Ministry of Public Service, Ms Catherine Bitarakwate, a copy which Daily […]
The delay and postponement of 2020 AGMs means that the final dividend payment may not be paid on time Kampala, Uganda | ISAAC KHISA | Now Uganda’s listed companies have until July.30 to hold their Annual General Meetings and determine their future growth, according to Paul Bwiso, the Uganda Securities Exchange boss. Bwiso in a […]
As part of the initiatives to grow industrial use of power, electrical equipment worth $308,421 (Shs 1.1 billion) will be installed at Kamuli substation. Power distributor Umeme will install a second transformer and associated accessories at the facility, thereby doubling the substation’s capacity. Demand on the sole transformer currently in place is over and above […]
NAIROBI/KAMPALA (Reuters) – Kenya and Uganda were hit by power blackouts on Saturday, and Kenya Power said the outage on its grid was caused by a fault on a high voltage line but that it had restored supply to most parts of the country. The neighbouring East African countries’ grids are interconnected. In January 2018, […]
Featured image: Stock Did you notice anything different about our logo on the front cover of this edition? It’s the first time in the journal’s long history that we have modified it. It’s our visual representation in support of the industry being tested in unprecedented ways by the COVID-19 pandemic. This article first appeared in […]
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