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@uplandMedia Fri, 28 Aug 2026 09:00:28

Why gov't borrowed Shs270 billion less for Umeme buyout

NEWS ANALYSIS | URN | The government avoided taking on approximately 270 billion shillings in additional debt after the Auditor General's assessment reduced the amount the Government borrowed to buy out electricity distributor Umeme Company Limited at the end of its 20-year concession. Parliament had authorised the Government to borrow up to the euro equivalent … The post Why gov't borrowed Shs270 billion less for Umeme buyout appeared first on The Independent Uganda:.

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