The Nairobi bourse. Dividend yields of more than a dozen NSE- listed companies are now higher than Treasury bill rates. FILE PHOTO | NMG Dividend yields of more than a dozen Nairobi Securities Exchange- (NSE) listed companies are now higher than the prevailing Treasury bill rates, offering alternative investment option in a tough climate. The […]
Tag: umeme
Excess electricity responsible for slight reduction in Q4 power prices
After recording their first increase of the year in the third quarter, power prices will fall by a small margin in the final three months of 2018 due to an energy generation excess, according to the regulator. Extra large industries and large industries received the biggest reduction in electricity tariffs from the Electricity Regulatory Authority’s […]
Umeme blames Wednesday outage on vandalism of Nalubale-Kampala line
Power lines. Umeme has blamed Wednesday outage on vandalism of Nalubale-Kampala line On Wednesday night, several parts of the country were plunged into darkness following nationwide outage. Minutes later, electricity distributing company, Umeme issued a statement on their social media platforms explaining what had happened. “Dear Customers, there is a system failure at Owen falls […]
Umeme Earmarks Ushs20.6 Billion For Dividend Pay-Out
Follow @chimpreports Umeme Limited has today announced a Ushs 12.7 dividend pay-out per ordinary share to all its shareholders for the six months ended 30 June 2018. A top official said the total interim dividend pay-out of Ushs20.6 billion was based on the stellar performance of the company over the period of January to June […]
Umeme Earmarks Shs 20Bn for Dividend Pay-out
Umeme Managing Director, Mr. Selestino Babungi Umeme Limited has today announced a Shs 12.7 dividend pay-out per ordinary share to all its shareholders for the six months ended 30 June 2018. A top official said the total interim dividend pay-out of Shs 20.6 billion was based on the stellar performance of the company over the […]