Saturday , August 20 2022
Home / Tag Archives: umeme (page 15)

Tag Archives: umeme

Inside Umeme’s Shs47.5bn loss

  UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet  Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five  years ago. …

Read More »

THIS WEEK: USE unveils University Challenge

THIS WEEK: USE unveils University Challenge Kampala, Uganda |THE INDEPENDENT | Uganda Securities Exchange has unveiled the USE University Challenge in a bid to inculcate an investment culture among students in universities. The three month Challenge that will end in December seeks to give youth a platform to trade and …

Read More »

THIS WEEK: Umeme’s Babungi wins CPA Award

THIS WEEK: Umeme’s Babungi wins CPA Award  Kampala, Uganda | THE INDEPENDENT | Umeme’s Managing Director, Selestino Babungi, was awarded the Certified Public Accountants of the year Award for the 2017 Financial Reporting Awards. The awards were organized the Institute of Certified Public Accountants of Uganda (ICPAU) aimed at enhancing …

Read More »

KCCA okays UNRA, NWSC, Umeme work at Centenary Park

Uganda government agencies in charge of roads, water and electricity have been given the go-ahead by Kampala City Council Authority (KCCA) to start work on several projects that will use part of the land now housing Centenary Park. According to a statement released by the office of the KCCA executive …

Read More »

UMEME blames power outages on climate change at AGM

Uganda power distributor Umeme Limited has attributed the constant power outages that leave hundreds of Ugandans in the dark to global warming. During a stakeholders’ Annual General Meeting (AGM) at Sheraton Hotel on Thursday, Chairman Board of Directors Patrick Bitature said the national electricity grid could not handle increasingly stronger …

Read More »

UMEME: Dewinton Road transformer was ‘interfered with’

Electricity distribution company Umeme have said investigations indicate the transformer that fell on a vehicle on Dewinton Road on Tuesday was likely tampered with. “Preliminary investigations indicate that the network may have been interfered with, causing the transformer structure to fall into the vehicle. Comprehensive investigations are still underway to …

Read More »