Jubilee Holdings Raises Stake in Uganda Power Plant to 40.9%

Insurance group Jubilee Holdings increased its stake in Uganda’s hydroelectric power plant Bujagali,  to 40.9 per cent. Jubilee’s stake before the end of 2020 was 25 per cent before investing an additional KSh4.4 billion. The further investment in Bujagali is part of JHL’s strategy to hold a broadly diversified and conservative portfolio of investments. Bujagali … Continue reading Jubilee Holdings Raises Stake in Uganda Power Plant to 40.9%