Uganda Clays Performance

Uganda Clays Kamonkoli. The Kamonkoli factory is troublesome with machine breakdowns. Courtesy Photo

Uganda Clays Limited predicts losses for 2020 half year period

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 Limited
August 31, 2020
Uganda Clays Kamonkoli. The Kamonkoli factory is troublesome with machine breakdowns. Courtesy Photo

Uganda Clays Announces UGX 88m Loss for 2019

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 gross profit
July 17, 2020
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.

Uganda Clays Board fires George Inholo over poor performance

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 alongside the
March 10, 2020

 

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