Company managers say recent concession talk not threat to its future Kampala,Uganda | JULIUS BUSINGE | Uganda’s power distributor, Umeme Limited, has recorded a surprise performance in the year ended December 2017, with the net profit dropping threefold to Shs 35bn compared with the previous year. The less than expected …
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Why Uganda needs to attract new investors to consume excess electricity Kampala, Uganda | JULIUS BUSINGE | On Nov. 16, power distributor, Umeme Limited held a media dialogue in Kampala where top managers – Selestino Babungi (managing director) and Sam Zimbe (deputy MD) answered questions about their work since 2005. The …
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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 …
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