Martin Kasekende Archives – CEO East Africa

The Pressure is on: Reuben Tumwebaze’s Uganda Clays Turnaround Faces Harsh Realities

Jeff WintersThe Big StoryJuly 29, 2025July 29, 2025

When Reuben Tumwebaze assumed the reins of Uganda Clays (UCL) in March 2021, he walked into a company weighed down by its past. Once a market leader with deep roots in the construction sector, UCL was struggling. It faced a drop in market presence, hobbled by old equipment, bloated costs, poor governance, and slow response in a fast-modernising sector. Tumwebaze, with his engineering background, financial expertise, and infrastructure reform, brought not only hope but a plan to reinvent UCL. For a moment, the promise seemed to work. By the end of 2021, UCL had posted its highest profit in over…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

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

Muhereza KyamuteteraC-Suite Leadership Company News The 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 new $15m Kamonkoli plant, on the outskirts of Mbale town (now Budaka District), which was opened in April 2009 amidst fanfare and mega optimism, had become a problem child, threatening to sink the entire company. Although UCL’s turnover in the first year of the Kamonkoli factory’s opening grew 6.6% from UGX16.7 billion in 2009 to UGX17.8 billion and then by 45.5% to UGX25.9 billion in 2011, higher costs of operation…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subtotal	UShs0
Shipping	UShs0
Tax	UShs0
Total	UShs0