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The firm’s share price fell to Sh11.6 on Wednesday, the fourth straight drop amid uncertainty over full investor compensation ...
Umeme technicians at work. The firm's 20-year concession ended on March 31, 2025 after the Ugandan government refused to ...
The surprise interim dividend of Shs222 has sparked a trading frenzy on the Nairobi Securities Exchange, where shares surged to Shs700 in minutes ...
In Umeme’s case, the arbitration stems from conflicting buyout figures. While Umeme claims it is owed $292m, the Auditor General puts the amount at $118m, and the electricity regulator at $127.6m.
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Tuko News on MSNUganda's Umeme Shares Back on Nairobi Trading Floor after SuspensionUganda's Umeme Limited shares are back on the Nairobi Securities following a suspension that resulted from the disagreement ...
Ugandan private power company Umeme Limited made a pre-tax loss of 602.7 billion Ugandan shillings ($167 million) last year, it said on Friday, as it made large provisions for the end of its ...
Whereas Umeme Limited and the government of Uganda are set to face off against each other in an arbitration court based in London over the former’s contractual buyout claim, the role of ...
Umeme closed the year ended December 2024 with a book value equivalent to about Sh5.3 per share, meaning that the shares are trading at a much higher price than what the company is worth. The ...
The market closed the session on a mixed note with the NASI gaining 0.2%. On the other hand, the N10 and NSE 25 retreated by 0.3% ...
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