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Umeme explains energy losses
Energy losses, according to Umeme managing director Selestino Babungi, is one of the biggest contributors to the company’s poor performance that saw its net profits fall by nearly 70%.
Selestino Babungi, Umeme’s managing director addressing journalists. (Photo by Benon Ojiambo)
By: NewVision Reporter, Journalists @NewVision
Umeme has explained circumstances under which its energy losses increased from 16.4% in 2019 to 17.5% in 2020.
Energy losses, according to Umeme managing director Selestino Babungi, is one of the