Uganda Clays Board fires George Inholo over poor performance

Although George Inholo grew Uganda Clays turnover by 36.2% from UGX22.1 billion in 2014 to UGX30.1 billion in 2018 and in the process returning the company to profitability and earning dividend-starved shareholders 3-years of straight dividends, his failure to steady profit growth even when significant concessions had been made on the company’s debt, was his ouster. Not even the perennial excuse of high costs of operation could save him.