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Uganda: Umeme's Earnings Boosted By Partial Repayment of Government Debt and Industries

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[East African] Growing import substitution and partial payment of a huge project debt incurred by government sharply boosted Umeme Ltd's earnings during the first six months of 2021 amidst soft Covid-19 lockdown measures but political uncertainty surrounding the operational future of Uganda's largest electricity distributor remains a nagging headache for investors.

Source: allAfrica.com

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