Have you at any point pondered about what the richest and most influential companies in the Ugandan market might be?
You are in good fortune!,We have listed the top 10 wealthiest brands in Uganda based on available data combined from their investment, tax returns, size and revenue.
10. Umeme Limited
Umeme Limited (established in 2004) is owned by Globeleq (44%), a subsidy of the Commonwealth Development Corporation in the UK and the other shares are owned by the public with the largest public shareholders being institutions like NSSF with 23.20% and others.
Umeme was estimated to own assets worth UGX 1.775 trillion and shares worth UGX 503.8 billion while earning more than UGX 105.9 billion ($30.9 million) in 2015.
Umeme has more than 1,400 employees and is the largest energy distributor in Uganda at more than 97% of all Uganda’s electricity.
That is why it was able to come in at No. 10 with taxes worth Shs 66,307,152,305.