Umeme earmarks Ushs20.6 billion for dividend pay-out

Umeme earmarks Ushs20.6 billion for dividend pay-out

Sector revenue increased by 19.3% to UShs 7683 billion Gross profit increased by over 20% to UShs 261.5 billion Cash generated from operations was UShs 165.6 billion Interim dividend declared is UShs 20.6 billion Umeme Limited has today announced a Ushs12.7 dividend pay-out per ordinary share to all its shareholders for the six months ended […]

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 ‘Power tariff must go down’, President M7 tells Umeme

‘Power tariff must go down’, President M7 tells Umeme

President Kaguta Museveni has met with officials from electricity distributor, Umeme at State House, Entebbe. Mr Museveni and the four officials led by Umeme Board Chairperson, Mr Patrick Bitature discussed the increasing power tariffs levied by the power distributor. Other members included, Mr Celestino Babungi, the Company’s Managing Director, Mr Gerald Ssendaula and Ms Florence […]

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  Umeme Limited reaches out to Mbale communities

 Umeme Limited reaches out to Mbale communities

Power suppliers Umeme Limited Uganda has reached out to the community as part of its Corporate Social Responsibility (CRS. Safety being a priority, Umeme CSR Manager, Stella Nkini Ndiwalana handed over reflector jackets to boda boda riders in Mbale as part of the safety initiative. This was last week. In a related development, Members of […]

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