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Decline In Profits Recorded At UMEME

Decline In Profits Recorded At UMEME

Umeme earmarked a shs19.8 billion to pay dividends to its shareholders which is translated to shs 12.2 per share. This showed a decrease from last year’s payment. The electricity company said it experienced a tough 2020 during the annual meeting for shareholders and management. The year saw its profit dip to shs 1.6 trillion compared to shs 1.7 trillion registered ...

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