Authorities in Uganda have been working quickly to make sure that Umeme’s departure at the end of this month will not interfere with the country’s electricity supply. Uganda’s Parliament approved a government request on Friday to borrow $190 million from Stanbic Bank Uganda to reimburse the utility firm for its unrecovered investments prior to the…...
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Uganda in last minute rush to pay Umeme as deadline looms
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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