The Uganda Securities Exchange (USE) has warned investors against investing money in Umeme’s shares at a time when the company is reporting losses for the financial year 2023 A statement issued by the USE regarding this matter reads in part,…
A heated dispute has emerged between Umeme Limited and the Ugandan government over the buyout amount following the expiry of Umeme’s 20-year concession in power distribution. The government, through a loan from Stanbic Bank, offered Umeme USD118 million, approximately Shs432…
The government of Uganda has secured a significant €85 million (approximately Shs 340 billion) development loan from France, aimed at enhancing water infrastructure and urban development in the Greater Kampala Metropolitan Area (GKMA). This funding, announced by Finance Minister Matia…
Uganda is poised to take center stage in global water and sanitation discussions as it prepares to host the 22nd African Water and Sanitation Association (AfWASA) International Congress & Exhibition from February 16–20, 2025. This prestigious event, themed “Water and…