Umeme

Umeme
Company typePublic Utility: USE: UMEME
IndustryEnergy industry
Founded2004 (2004)
HeadquartersRwenzori House
1 Lumumba Avenue
Kampala, Uganda
Key people
Patrick Bitature
(chairman)
Selestino Babungi
(CEO)
ServicesElectricity
RevenueAftertax: UGX:11.47 billion (US$3.026 million) (2023)
Total assetsUGX:2.347 trillion (US$619.18 million) (2023)
Number of employees
2,502 (2024)
WebsiteHomepage

Umeme Limited was the largest energy distributor in Uganda, distributing about 97 percent of all electricity used in the country. 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). 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).