Company type | Public Utility: USE: UMEME |
---|---|
Industry | Energy industry |
Founded | 2004 |
Headquarters | Rwenzori House 1 Lumumba Avenue Kampala, Uganda |
Key people | Patrick Bitature chairman Selestino Babungi chief executive officer[1] |
Services | Electricity |
Revenue | Aftertax: UGX:11.47 billion (US$3.026 million) (2023)[2] |
Total assets | UGX:2.347 trillion (US$619.18 million) (2023)[2] |
Number of employees | 2,502 (2024)[3] |
Website | Homepage |
Umeme Limited is the largest energy distributor in Uganda, distributing about 97 percent of all electricity used in the country.[4] The shares of the stock of the company are listed on the Uganda Securities Exchange (USE) and are cross listed on the Nairobi Stock Exchange (NSE).[5] As of December 2023, the company's total assets were approximately UGX:2.347 trillion (US$619.18 million), with shareholders' equity of approximately UGX:937.381 billion (US$247.27 million).[2]