Umeme sets aside US$70 million for network upgrade despite contract uncertainty

Electricity distributor Umeme Ltd has set aside US$70million (Ush230billion) to upgrade its infrastructure network this year despite having just six years to the end of their current concession. The company, in 2005, was given a 20 years concession to maintain, manage and distribute power in Uganda, which concession is due to end in 2025, six … Continue reading Umeme sets aside US$70 million for network upgrade despite contract uncertainty