Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd has reported a net loss of Shs 4.95 billion for the year ending December 31, 2024, driven by increased production costs and finance expenses. This marks a deepening of the company’s loss, compared to Shs 2.85 billion in 2023, despite a 4% …
Read More »Uganda Clays to invest Shs17.8bn in land, boost production
The company is eying regional markets including Kenya, Burundi, Northern Tanzania, DRC and South Sudan Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd will invest Shs 17.8billion to acquire more land with clays and boost production amidst the escalating competition in the baked clays products market. Martin Kasekende, the …
Read More »Uganda Clays recovery continues despite volatile environment
Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd, the oldest manufacturer of clay building materials continues its revival trend, posting a sharp rise in profits, for the second consecutive year. The company posted 5.92 billion Shillings as profits after tax for the year 2021, which is a sharp 21 per …
Read More »