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Umeme
Umeme Limited is 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 2021, the company's total assets were approximately UGX:2.664 trillion (US$706 million), with shareholders' equity of approximately UGX:893.15 billion (US$251.3 million). Location The registered offices of the company are located at Rwenzori House, 1 Lumumba Avenue, in the central business district of Kampala, the capital and largest city of Uganda. The geographical coordinates of the company headquarters are 00°19'00.0"N, 32°34'46.0"E (Latitude:0.316667; Longitude:32.579444). Formation Umeme was formed in 2004 when the government of Uganda leased the Uganda Electricity Distribution Company Limited to a consortium belonging to Globeleq (56 percent), a subsidiary of the Commonwealth Develo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Selestino Babungi
Selestino Babungi is an accountant and corporate executive in Uganda, the third-largest economy in the East African Community. He is the managing director and chief executive officer of Umeme, whose shares are traded on both the Uganda Securities Exchange and the Nairobi Stock Exchange, and is the largest independent power distribution company in Uganda. He was appointed in March 2015 and he assumed his current position on 1 April 2015, replacing Charles Chapman, whose term ended. Background and education He was born in Uganda circa 1977. He studied at Makerere University, Uganda's oldest and largest public university, graduating with the degree of Statistics, Bachelor of Statistics, circa 1999. He is a Association of Chartered Certified Accountants, Fellow of the Association of Chartered Certified Accountants of the United Kingdom. He is also a certified public accountant of the Certified Public Accountants of Uganda(CPA). Career From 1999 until 2006, he worked with Ernst & Youn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda Securities Exchange
The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's central bank. The exchange opened to trading in January 1998. At that time, the exchange had just one listing, a bond issued by the East African Development Bank. Trading was limited to only a handful of trades per week. As of July 2014, the USE traded 16 listed local and East African companies and had started the trading of fixed income instruments. The exchange is a member of the African Stock Exchanges Association. The USE operates in close association with the Dar es Salaam Stock Exchange in Tanzania, the Rwanda Stock Exchange, and the Nairobi Stock Exchange in Kenya. According to published reports in 2013, there were plans to integrate the four exchanges to form a single East African bourse. Uganda All Stock Index (ALSIUG) is the b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patrick Bitature
Patrick Bitature is a Ugandan businessman, entrepreneur and author. He is believed to be the second wealthiest Ugandan after Sudhir Ruparelia. He is the founder, chairman and Group CEO of the Simba Group of Companies which is primarily based in East Africa. The Simba Group of Companies started in 1998 with the flagship telecom business but has since grown to a conglomerate of East Africa-based companies spanning telecoms, properties, power generation, agro-business, mining, tourism and media. At end 2011 the Group employed over 600 direct staff and - 1500 indirect staff. He has received several board appointments in various companies, businesses and foundations in Uganda. Most notable among these appointments include Umeme Uganda Limited, Bolloré Logistics Uganda as well as Mulago National Referral Hospital. Early life Bitature was born 10 May 1960 in Fort Portal, Kabarole District in the Western Region of Uganda. He was the first born in a middle-class family. When he was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Social Security Fund (Uganda)
The National Social Security Fund (NSSF) is a quasi-government agency responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds from employees of the private sector in Uganda who are not covered by the Government Retirement Scheme. Participation for both employers and employees is compulsory. The Uganda National Social Security Fund is the largest pension fund in the countries of the East African Community, with assets of USh15.5 trillion (approx. US$4.406 billion), as of June 2021. History In February 2009, the President of Uganda fired the minister of finance, whose ministry supervises the activities of NSSF. Also terminated were the managing director of the NSSF. A new board of directors and a new management team were appointed in 2009. In late 2010, NSSF underwent a restructuring process aimed at making it more efficient, competitive, and responsive to the needs of its members. It was then poised to provide a wide range of socia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda
}), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical .... The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile, Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the Capital city, capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, includi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conrad Hilton
Conrad Nicholson Hilton Sr. (December 25, 1887 – January 3, 1979) was an American businessman who founded the Hilton Hotels chain. From 1912 to 1916 Hilton was a Republican representative in the first New Mexico Legislature, but became disillusioned with the "inside deals" of politics. He purchased his first hotel in 1919 for $40,000, the Mobley Hotel in Cisco, Texas, which capitalized on the oil boom. The rooms were rented out in 8 hour shifts. He continued to buy and sell hotels and eventually established the world's first international hotel chain. When he died in 1979, he left the bulk of his estate to the Conrad N. Hilton Foundation. Early life Hilton was born in San Antonio, in what was then the New Mexico Territory, to Norwegian-born Augustus Halvorsen Hilton (1854–1919) and Mary Genevieve Laufersweiler. He attended the Goss Military Academy (since renamed as the New Mexico Military Institute) and St. Michael's College (later called the Santa Fe University of Art an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investec
Investec is an Anglo-South African international banking and wealth management group. It provides a range of financial products and services to a client base in Europe, Southern Africa, and Asia-Pacific. Investec is dual-listed on the London Stock Exchange and the Johannesburg Stock Exchange. It is a constituent of the FTSE 250 index. History Investec was founded as a small leasing and financing company in 1974 in Johannesburg, South Africa, by Larry Nestadt, Errol Grolman and Ian Kantor. It has expanded through growth and acquisitions. It secured a banking licence in 1980 and was first listed on the JSE Securities Exchange in South Africa in 1986, after merging with Metboard, a trust company. In 1988, Investec Bank Limited was restructured into Investec Group Limited ("IGL"), giving Investec Management and staff control of the company. In 1990, Investec acquired property management company I. Kuper & Company (Pty) Limited, Corporate Merchant Bank Limited (formerly Hill Samu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daly Monitor
Daly or DALY may refer to: Places Australia * County of Daly, a cadastral division in South Australia * Daly River, Northern Territory, a locality * Electoral division of Daly, an electorate in the Northern Territory * Daly, Northern Territory, a locality Elsewhere * Daly (lunar crater), a crater on the Moon * Daly (Martian crater), a crater on Mars * Daly, Russia, a village (''selo'') in the Sakha Republic, Russia * Daly City, California, United States * Rural Municipality of Daly, Manitoba, Canada * Daly College, India * Daly Range, Greenland People Given name * Daly Cherry-Evans (born 1989), Australian Rugby League player * Daly Santana (born 1995), Puerto Rican indoor volleyball player Surname * Daly (surname) Other uses * Daly detector, a type of mass spectrometry detector * Daly languages, group of Australian aboriginal languages * Disability-adjusted life year (DALY), a measure of burden of disease * USS ''Daly'' (DD-519), a ''Fletcher''-class destroyer See also * Daily ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utilico Emerging Markets
Utilico Emerging Markets Trust plc () is a large British investment trust dedicated to investments in infrastructure, utility and related sectors in the emerging markets. Established in 2005, Utilico Emerging Markets Trust ('UEM') is a listed on the London Stock Exchange. The Chairman is John Rennocks. UEM investments focuses predominantly on the emerging markets of Asia, Latin America, Emerging Europe and Africa. UEM is managed by ICM Limited and ICM Investment Management Limited, which is authorised and regulated by the Financial Conduct Authority. Portfolio Summary Top 10 holdings as at 31 December 2021: Directors * John Rennocks - Chairman of Utilico Emerging Markets Trust plc, Chairman of Bluefield Solar Income Fund plc and Chairman of AFC Energy plc. * Mark Bridgeman - Director of Law Debenture Corporation plc. * Susan Hansen – Director of Resimac Group Limited, and Cognition Education Group. * Isabel Liu - Director of Schroder Oriental Income Fund Limited * Eric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allan Gray (investment Management Company)
Allan Gray is a name that may refer to: * Allan Gray (composer) (1902–1973), Polish-born composer * Allan Gray (footballer) (born 1943), Scottish footballer * Allan Gray (investment management company), a South African-based investment management firm * Allan Gray (investor) (1938–2019), South African investor and founder of ''Allan Gray Investment Management'' and the ''Allan and Gill Gray Foundation'' See also * Alan Grayson Alan Mark Grayson (born March 13, 1958) is an American politician who served as the U.S. representative for from 2009 to 2011 and from 2013 to 2017. A member of the Democratic Party, he was defeated for reelection in 2010 by Republican Daniel ... (born 1958), United States Representative for Florida's 9th congressional district {{dab Gray, Allan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
