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Umeme technicians at work in Kampala. The firm posted a $29 million profit before tax in the six months to June 2022, up from the $17.8 million posted in June 2021. PHOTO | FILE
By Bernard Busuulwa
Business reporter in Kampala, Uganda
Nation Media Group
Umeme Limited posted a $29 million profit before tax in the six months to June 2022, up from the $17.8 million posted in June 2021.
This was shaped by a decline in operating costs and the full reopening of Uganda’s economy in January following a pandemic lockdown.