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    Uganda Clays Limited

    From feet of clay to a solid footing⏤ Reuben Tumwebaze moulds a leakproof plan for Uganda Clays’ thrivingness

    by Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJuly 25, 2023July 25, 2023

    2022⏤ the 4th year in the 5-year 2019-2023 Corporate Strategic Plan of Uganda Clays Limited (UCL), was by all means a tough year. Not only did Uganda’s oldest and largest…

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    RESILIENCE! Uganda Clays Ltd beats COVID-19 odds, increases 2021 revenue by 24%

    by Nelson NambooleCompany NewsNews & AnalysisApril 15, 2022April 26, 2022

    The Directors of Uganda Clays Ltd have announced the condensed financial statements for the year ended 31 December 2021 indicating a steep growth of revenue despite Covid-19 challenges.In an extract…

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    BACK TO PROFIT MAKING WAYS: Uganda Clays Bounces from UGX88m Loss to Register UGX4.9Bn Profit for 2020

    by CEO ReporterCompany NewsFinanceMay 2, 2021May 2, 2021

    Cost management initiatives, resulting in a decrease in production costs saw Uganda Clays Limited register an impressive UGX4.9 Billion in 2020, bouncing back from an UGX88 million loss in 2019….

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    Uganda Clays Appoints Reuben Tumwebaze New Managing Director

    by CEO ReporterThe Big StoryMarch 17, 2021March 17, 2021

    Uganda Clays Limited has appointed Reuben Tumwebaze as the new managing directorIn a notice, Eng Martin Kasekende, the board chairperson says: “Uganda Clays Limited (the Company) wishes to inform its…

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    2020 Financial Reporting Awards: NSSF Scoops Gold, Stanbic Uganda – Silver while Centenary Bank takes home Bronze

    by CEO ReporterCompany NewsNovember 6, 2020November 6, 2020

    The National Social Security Fund (NSSF) has won the Gold Award at the 10th edition of the Financial Reporting (FiRe) Awards, beating 84 organisations which submitted their 2019 financial reports…

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    Uganda Clays Limited predicts losses for 2020 half year period

    by CEO ReporterCompany NewsAugust 31, 2020August 31, 2020

    Uganda Clays Limited has predicted losses as the company prepares to release unaudited financial results for the half year period.Board Chairman Eng. Martin Kasekende, in a notice says: “Uganda Clays…

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    Equity markets register sharp decline in trading amid Covid-19

    by CEO East Africa MagazineFinanceJuly 30, 2020

    Trading in the second quarter of 2020 registered a tremendous decline as Uganda’s equity markets continued to feel the impact of the COVID-19 pandemic. “While the ultimate growth outcome is still uncertain, and…

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    Uganda Clays Announces UGX 88m Loss for 2019

    by CEO ReporterCompany NewsJuly 17, 2020

    Uganda Clays Limited has announced a loss of UGX88 million for the 2019 calendar year, ending a short spell at returning profit.  The construction materials maker said today that its…

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    Uganda Clays Board fires George Inholo over poor performance

    by Muhereza KyamuteteraThe Big StoryMarch 10, 2020March 12, 2020

    Uganda Clays Limited (UCL) has fired George Inholo over poor performance, CEO East Africa has exclusively learned. Inholo, who joined the company in August 2014, was relieved of his duties…

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    Can George Inholo solve the Kamonkoli gridlock and permanently keep Uganda Clays on a growth path?

    by Muhereza KyamuteteraCEOsCompany NewsThe Big StorySeptember 9, 2019September 10, 2019

    When George Inholo arrived at Uganda Clays Limited (UCL) at the fold of 2014 – August to be exact, it was literally a company with a feet of clay. A…

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