Uganda Clays Limited

CompaniesMarkets

Uganda Clays MD on NSSF debt and turnaround strategy

Uganda Clays managing director, George Inholo is so confident of the roofing tiles maker’s prospects that he is not anxious about NSSF's recent decision not to turn all of its debt to equity. The company finally turned a profit in the first half of this year.
Corporate earnings and resultsMarkets

Ray of sunshine for Uganda Clays after Shs1.3bn profit in HY2016

Roofing tiles maker Uganda Clays Limited (UCL) returned to profitability in the first half of 2016, posting a Shs1.3 billion ($0.38 million) profit reversing a similar loss from the same period in 2015, according to unaudited financials released by the firm.
Executive ProfilesMovers & Shakers

Executive Profile: George Inholo

At the meeting that announced Inholo’s appointment, it was reported that the roofing tile maker had made a half-year loss of Shs2.4 billion. UCL went on to announce a record loss of Shs5.2 billion for 2014 and his task was clear: restructure the company and return it to profitability.
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