Business 5 October 2026 Daily Monitor (Uganda)

From NIC’s 280% rally to Umeme’s 85% fall: What their swings tell investors

Umeme, once the market darling, has lost three-quarters of its value, while Uganda Clays, a. Source: https://www.monitor.co.ug/uganda/business/markets/from-nic-s-280-rally-to-umeme-s-85-fall-what-their-swings-tell-investors-5620118

Umeme, once the market darling, has lost three-quarters of its value, while Uganda Clays, a. Source: https://www.monitor.co.ug/uganda/business/markets/from-nic-s-280-rally-to-umeme-s-85-fall-what-their-swings-tell-investors-5620118