Top Gainer The top gainer of the day at the Nairobi Securities Exchange was Uchumi Supermarket with 10.10 percent at the price of 0.22 shillings per share followed by Sasini with 7.43 percent at the price of 21.70 shillings per share. Umeme and Kakuzi gained 6.21 and 5.73 percent at the price of 6.50 and […]
Tag: XNAI_UMME
Sanlam Kenya Tops The NSE On Thursday, Sameer Africa Tails
KEY POINTS The top loser of the day was Sameer Africa shed off 6.51 percent at the price of 2.44 shillings per share followed by TPS Eastern Africa (Serena) with a loss of 6.15 percent at the price of 12.20 shillings per share. Top Gainers The top gainer of the day at the Nairobi Securities […]
Sanlam Kenya Tops The NSE On Thursday, Sameer Africa Tails
KEY POINTS The top loser of the day was Sameer Africa shed off 6.51 percent at the price of 2.44 shillings per share followed by TPS Eastern Africa (Serena) with a loss of 6.15 percent at the price of 12.20 shillings per share. Top Gainers The top gainer of the day at the Nairobi Securities […]
Uganda: Halt new Umeme investments-Energy Ministry
Download logo The Ministry of Energy and Mineral Development has recommended the halting of new investments by energy distributor, Umeme ahead of the expiry of its 25year concession in 2025. The Minister of State for Energy, Hon Sidronius Okaasai Opolot said this during a meeting with members of the Committee of Environment and Natural Resources […]
Uganda – Telecoms, Mobile and Broadband – Statistics and Analyses
Sydney, Jan. 21, 2022 (GLOBE NEWSWIRE) — Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. – https://www.budde.com.au/Research/Uganda-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW MTN in March 2020 renewed its National Telecom Operating licence for a further ten years, paying $100 million. Under the revised licensing regime, Airtel Uganda also fell under […]
Minister of Energy in Uganda weighs in on Umeme investments
Image: [Gunnar Pippel]©123RF.com With the expiry of concession in sight, the Ministry of Energy and Mineral Development in Uganda has recommended the halting of new investments by Umeme. The Minister of State for Energy, Sidronius Okaasai Opolot, said this during a meeting with members of the Committee of Environment and Natural Resources to respond to […]
Uganda: Government Asked to Lower Vat On Yaka By 50 Percent
The Gateway Research Centre, a non-profit organisation has called for the Value Added Tax on electricity to be reduced to lower the cost of doing business. The organization led by Susanie Nannozi Ggoobi, noted that the Parliament and cabinet should discuss with the Electricity Regulatory Authority (ERA) to lower the monthly Yaka service by 50 […]
Gov’t Reduces Cost of Electricity for Home Cooking, Industrial Parks
The Minister of Energy and Mineral Development, Ruth Nankabirwa speaking to reporters in Kampala on Thursday. The Minister of Energy and Mineral Development, Ruth Nankabirwa has announced changes to the Electricity Tariff Structure for customers under Umeme Limited, effective January 2022. The amendments to the Tariff Structure were made by the Electricity Regulatory Authority (ERA). […]
YAKA 2022: Check out the new Electricity tariffs that UMEME will charge
The Electricity Regulatory Authority (ERA) has reviewed and approved ne w electricity tariffs for 2022 in accordance with the principles of tariff calculation and the terms of supply of the licensees in the Electricity Supply Industry. Due to the amendment of tariff targets for UMEME Limited and Eskom Uganda Limited, the 2022 tariff base has […]
Gov’t Reduces Cost of Electricity for Home Cooking, Industrial Parks
The Minister of Energy and Mineral Development, Ruth Nankabirwa speaking to reporters in Kampala on Thursday. The Minister of Energy and Mineral Development, Ruth Nankabirwa has announced changes to the Electricity Tariff Structure for customers under Umeme Limited, effective January 2022. The amendments to the Tariff Structure were made by the Electricity Regulatory Authority (ERA). […]