Umeme Limited, Uganda’s main electricity distributor, has seen its share value drastically decline by approximately 85 percent since handing over its concession to the government in March 2025. This significant drop has positioned the stock among the poorest performers on both the Uganda Securities Exchange (USE) and the Nairobi Securities Exchange (NSE). The slump is occurring ahead of an anticipated loss announcement from the company. The approaching end of Umeme’s concession agreement appears to be fueling investor concern and driving down the stock’s price. This marks a substantial downturn for the company and raises questions about its future financial standing. Further details regarding the expected losses are yet to be released, but the market reaction is already substantial.