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Who owns Umeme Uganda?

Posted on 08/21/2019 by Emilia Duggan

Who owns Umeme Uganda?

Ownership

Rank Name of Owner Percentage Ownership
1 National Social Security Fund 23.20
2 Allan Gray 9.60
3 Kimberlite Frontier Africa Master Fund 8.30
4 Investec Asset Management Africa 4.40

Is umeme a government company?

Home / Our Profile Umeme Limited is Uganda’s main electricity distribution company, listed on the Uganda Securities Exchange and cross listed on the Nairobi Securities Exchange. The Company operates a 20 year electricity distribution concession effective 1st March 2005, from the Government of Uganda.

What does umeme stand for?

electricity
Umeme means ‘electricity’ in Swahili.

Who heads Umeme in Uganda?

Selestino Babungi
Selestino Babungi is an accountant and corporate executive in Uganda, the third-largest economy in the East African Community….

Selestino Babungi
Years active 1999–present
Title Managing Director & CEO Umeme

Who supplies electricity in Uganda?

All big power generation plants belong to the Ugandan Electricity Generation Company Limited (UEGCL) but are operated and managed by ESKOM, Aggreko and other companies. (Two dams in Uganda are equipped with desilting gates and have proper plans for the management of upstream water and land use issues.

How do I join umeme?

What you need to Get Connected

  1. APPLICATION & REGISTRATION. Apply Online. Pay inspection fees through our payment channels (Mobile money & banks)
  2. INSPECTION. Upon payment of inspection fees, our team will visit you for inspection.
  3. PAYMENT & CONNECTION. Upon successful inspection, You will pay connection fees.

How much is a unit of Umeme in Uganda?

Umeme buys electricity at an average tariff of Ush 290 per kWh and sells to customers at a weighted average tariff of about Ush 504 per kWh.

Is Umeme private?

UMEME Ltd | Private Sector Foundation Uganda – Business Growth is Our Business.

How can I contact umeme?

EMERGENCIES. How may I report emergencies related to UMEME? Report all emergencies on 0800 285285 or 0800 385395 toll free.

How do I contact umeme?

How do I apply for umeme?

How much is a pole for umeme?

The cost of a one-pole service is sh326,000. Prospective customers are also required to pay a security deposit of sh100, 000, which is refundable upon termination of a customer’s service with Umeme. This fee is arrived at based on a three-month average consumption.

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