Projected increase. While Umeme expects a drop among large scale consumers, it has projected an increase among domestic consumers. PHOTO BY EDGAR R BATTE Since the lockdown in March, demand for electricity has dropped by 10 per cent. According to Uganda Electricity Transmission Company Limited (UETCL), there has been a marginal drop in demand for […]
Wait a little longer: Although companies have set aside Shs265.5b to pay dividends, shareholders will have to wait a little longer for them to access the money. FILE PHOTO Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, […]
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 […]
Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, 2019. The Shs265.5b is an improvement from the Shs200.4b that was paid out to shareholders for the period ended December 31, 2018. The six companies including Bank of Baroda, […]
In too many countries, transmission and distribution remain the responsibility of badly managed state utilities. Gridworks CEO Simon Hodson explains to David Thomas how his organisation plans to invest to make the sector commercially sustainable In the barren, rocky wasteland at the southern edge of Kenya’s remote Lake Turkana sit the whirring turbines of East […]
Six out of the nine locally listed companies have indicated they will give a combined sum of Shs265.5b in dividends for the period ended December 31, 2019. The Shs265.5b is an improvement from the Shs200.4b that was paid out to shareholders for the period ended December 31, 2018. The six companies including Bank of Baroda, […]
All Umeme shareholders who were on the Company’s Register of Members on 25th June 2021 will be paid a dividend of UGX 12.2 per share on 19th July 2021
Shareholders registered on the books of the Company at close of business on 22nd June 2020 will receive the 2019 dividend
Technicians from the power utility firm Umeme at work in Kampala, Uganda. The company is Uganda’s sole power distributor. FILE PHOTO | NMG The power distributor is preserving hard cash that may be needed to meet performance targets set by the Electricity Regulatory Authority. Total electricity sales rose to $219.5 million in June this year […]
East African capital markets regulators are scratching their heads in an attempt to find a viable solution to the downward trends that have hit regional stockmarkets, keeping new companies at bay while driving off investors from what was once seen as the most profitable investment venture. Despite various innovations to entice investors and attract new […]
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