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Umeme Limited Disputes Government Over Buyout Discrepancy

Umeme Limited Disputes Government Over Buyout Discrepancy

Umeme Limited, a key player in the electricity distribution sector, has officially raised concerns with the government regarding the discrepancy in the buyout amount owed at the conclusion of its 20-year electricity distribution concession. The company is at odds with the Auditor General’s valuation, leading to a formal dispute being declared. In a public announcement released on April 14, Umeme ...

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