After his debut at the World Boxing Council Grand Prix last month in Riyadh, Kenya's heavyweight sensation Denzel Onyango is ...

A group of residents in Kanungu District, primarily those involved in the transport and trade sectors, have blocked the Kabale-Kanungu road, citing its poor condition. The road, which ...

As the world reflects on the Pope’s legacy, we now turn to how his messages of compassion resonated far beyond the Vatican, even here at home. During his time as head of the Catholic Church, ...

Conversely, ScanGroup Limited was the top loser, plummeting 7.51% to KSh 3.08. In other news, the NSE has extended the suspension of Umeme Limited shares until May 12, 2025, or until further notice.

A 30-day extension of Umeme Limited’s suspension from trading on the Uganda Securities Exchange (USE) after the expiry of its electricity distribution agreement last month is weighing heavily on ...

Wako explained that the funds were originally part of the Umeme buyout fund and will now be recovered by UEDCL through electricity tariffs. “The decision we have from Cabinet is that the USD 118 ...

Investors in the cross-listed Ugandan electricity distributor Umeme face a lengthy wait for their payout after the company filed a legal dispute over a lower-than-expected buyout price offered by ...

It was a matter of when, not if power distributor Umeme would tender a notice of disagreement to the ministries of Energy and Finance in line with the Lease and Assignment Agreement (LAA ...

Take March, for example. Uganda found itself scrambling to fund a liability it had seen coming for decades: the Umeme buyout after a 20-year concession. When the curtain fell, the Finance and ...

Kampala, Uganda | THE INDEPENDENT & URN | Former Uganda electricity distributors Umeme has officially disagreed on a buy out amount of $118million given to them by government. They earlier stated they ...

NSE has extended the suspension of Umeme Limited shares until May 12, 2025, or until further notice, citing ongoing regulatory processes Umeme’s 20-year concession ended on March 31, 2025, and was not ...

Nairobi – The Nairobi Securities Exchange Plc (NSE) has announced an extension of the suspension in the trading of Umeme Limited shares. This move will see the halt in trading of the Umeme Limited ...