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Tag Archives: Uganda Clays

Uganda Clays unveils a 5-year strategic plan

Kampala, Uganda | THE INDEPENDENT | Uganda Clays Limited has unveiled a 5-year strategic plan aimed at enhancing customer satisfaction, boosting shareholder value, and fostering employee engagement. The strategic plan, unveiled at the company’s Annual General Meeting (AGM) in Kampala, signifies a renewed commitment to sustainable growth and value creation under …

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Uganda Clays to record a loss

Kampala, Uganda | THE INDEPENDENT | Clay products producer, Uganda Clays Ltd, has issued a half-year profit warning for the period ending June 30, 2023, attributed to machinery breakdowns. The company informed its investors that it is expected to register a loss during the period. “The Board of Directors of Uganda …

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Uganda Clays pays half a shilling a share dividend

Kampala, Uganda | THE INDEPENDENT | Shareholders of Uganda Clays Ltd will get half a shilling for every share they hold, as a return on their investment for the year ended December 2022. In the Post Annual General Meeting notice issued to the markets Tuesday, the company secretary, Lex Advocates, …

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NSSF on spot over Shs11 billion loan to Uganda Clays

Kampala, Uganda | THE INDEPENDENT | Lawmakers have criticised the National Social Security Fund (NSSF) for giving Uganda Clays an unsecured loan of Shs11 billion. This was during a meeting between NSSF management and the select committee investigating allegations of the fund’s mismanagement on Wednesday, 08 February 2023. The Chairperson of …

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Uganda clays returns to making profit

Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd, Uganda’s oldest clay building materials manufacture, has returned to making profit despite a slight decline in revenues in year ended December 2020, according to the financial statements.  The company reports that profit after tax for the period increased by 5639% to Ushs 4.9 …

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2019: Bad year for Uganda Clays

Company executives explain cause of Shs88million loss Kampala, Uganda | JULIUS BUSINGE | Uganda Clays Limited, a clay building materials manufacturer has recorded Shs88million loss for the year 2019 as opposed to the net profit of Shs1.9bn in 2018. According to the company’s financial statements released on July 17, total …

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Uganda clays declares UGX 88m loss for 2019

Kampala, Uganda |  THE INDEPENDENT |  Uganda Clays Limited has announced a loss of 88 million Shillings for the 2019 calendar year, ending a short spell at returning profit.  The construction materials maker said today that its gross profit dropped drastically from a 1.9 billion Shilling profit recorded in 2018. The …

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