Reuben Tumwebaze Archives

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Uganda Clays’ CEO Reuben Tumwebaze Resigns After a Troubled 5 Years

The Managing Director of Uganda Clays Limited, Reuben Tumwebaze, has resigned, bringing to a close a nearly five-year tenure (March 2021–January 2026) defined by heavy capital investment, uneven operating results, and a

February 1, 2026

Business & Markets·The Big Story

A photo collage of Uganda Clays Managing Director Reuben Tumwebaze and Chairman Martin Kasekende. The two men have been at the centre Uganda Clays turnaround, which has been faulting for close to four years now.

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

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

July 29, 2025

The Big Story

Rueben Tumwebaze, Uganda Clays Managing Director

Uganda Clays sinks deeper into losses

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February 5, 2025

Business & Markets·East Africa·Global News·News & Analysis·Technology & Innovation·The Big Story

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

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 clay building

July 25, 2023

Company News·News & Analysis·The Big Story

Reuben Tumwebaze, Uganda Clays managing director

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

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 from

April 15, 2022

Company News·News & Analysis

A Uganda Clays Limited outlet. Courtesy photo

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

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. This is

May 2, 2021

Banking & Financial Services·Company News

Uganda Clays Appoints Reuben Tumwebaze New Managing Director

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

March 17, 2021

The Big Story