The surprise interim dividend of Shs222 has sparked a trading frenzy on the Nairobi Securities Exchange, where shares surged to Shs700 in minutes ...

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% ...

The firm’s share price fell to Sh11.6 on Wednesday, the fourth straight drop amid uncertainty over full investor compensation ...

Here are the most valuable companies in Kenya. The Nairobi Securities Exchange (NSE) has seen a boom in recent weeks with its ...

Uganda's Umeme Limited shares are back on the Nairobi Securities following a suspension that resulted from the disagreement ...

Umeme technicians at work. The firm's 20-year concession ended on March 31, 2025 after the Ugandan government refused to ...

The firm’s monopoly right to distribute power in Uganda ended in March after the government refused to renew its concession.

Whereas Umeme handed over electricity distribution operations to power utility on April 1, 2025, the government’s failure to agree on a suitable, final buyout amount with the power distributor ...

Umeme Limited also made certain politically driven investments in the final year of its concession agreement in some areas, and failure to recognise them would lead to a loss of around $100 million ...

The tug-of-war over the final buyout figure underscores the long-running tensions surrounding Umeme’s role. Peter Kaujju, the company’s head of communication, says Umeme is “providing evidence” of why ...

Uganda’s electricity sector is at a turning point, as Umeme Limited’s 20-year concession draws to a close. Umeme was the first private distribution operator in anglophone Africa.