Roofings Limited
Encyclopedia
Roofings Limited, often referred to simply as Roofings, is the largest manufacturer of steel
construction materials in Uganda
.
, Wakiso District
, on the Kampala
-Entebbe
Road, approximately 11 kilometres (6.8 mi), south of Kampala, the capital of Uganda and the largest city in that country.
New premises have been acquired at Kampala Industrial and Business Park
, at Namanve
, also in Wakiso District to house new steel mills belonging to Roofings' subsidiary company, Roofings Rolling Mills Limited (RRM). It is expected that once the new facilities are brought on-line, employment at Roofings Limited and Roofings Rolling Mills Limited will triple from the present 1,000 to about 3,000, since RRM is expected to employ about 2,000 people. The new factories will be built and operated in collaboration with two Japan
ese steel companies, (a) Yodogawa Steel Works and (b) Fujiden International. The Japanese firms will in-turn, take and equity position in RRM.
In addition to the factories and offices at Lubowa
and Namanve
, the company maintains warehouses and attached sales offices at the following locations:
. The company has installed capacity of 120,000 metric tonnes of steel per year and in 2008 was producing about 100,000 metric tonnes annually. In February 2011, Roofings secured funding from the International Finance Corporation
(IFC), an arm of the World Bank
, totaling US$25 million for expansion of production facilities. This was in addition to a syndicated loan
of US$64 million obtained from a consortium
of six (6) Uganda
n commercial bank
s obtained in December 2010, for the same purpose. When all of the planned expansion is completed, the company's exports will more than double to over US$130 million annually. The company's products are exported to Rwanda
, Burundi
, Democratic Republic of the Congo
, Southern Sudan, Kenya
and Tanzania
.
national serves as the Chairman of the Board
and Chief Executive Officer
. The senior management team consists of thirteen (13) managers who are responsible for running the day-to-day affairs of the company.
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
construction materials in Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
.
Location
The main factory is located on 39 acres (15.8 ha), at LubowaLubowa
Łubowa is a village in the administrative district of Gmina Tarłów, within Opatów County, Świętokrzyskie Voivodeship, in south-central Poland. It lies approximately south of Tarłów, north-east of Opatów, and east of the regional capital Kielce....
, Wakiso District
Wakiso District
Wakiso District is a district in Central Uganda that encircles Kampala, Uganda's capital city. The district is named after the town of Wakiso, where the district headquarters are located.-Location:...
, on the Kampala
Kampala
Kampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
-Entebbe
Entebbe
Entebbe is a major town in Central Uganda. Located on a Lake Victoria peninsula, the town was at one time, the seat of government for the Protectorate of Uganda, prior to Independence in 1962...
Road, approximately 11 kilometres (6.8 mi), south of Kampala, the capital of Uganda and the largest city in that country.
New premises have been acquired at Kampala Industrial and Business Park
Kampala Industrial and Business Park
Kampala Industrial and Business Park ', also referred to as Kampala Business and Industrial Park or Kampala Industrial Park is an industrial and business park in Uganda...
, at Namanve
Namanve
Namanve is a location in Kira Municipality, in Wakiso District, Central Uganda.-Location:Namanve is located in Bweyogerere Ward, in southeastern Kira Municipality, in Wakiso District, Central Uganda. This location is approximately , by road, east of downtown Kampala, Uganda's capital and largest city...
, also in Wakiso District to house new steel mills belonging to Roofings' subsidiary company, Roofings Rolling Mills Limited (RRM). It is expected that once the new facilities are brought on-line, employment at Roofings Limited and Roofings Rolling Mills Limited will triple from the present 1,000 to about 3,000, since RRM is expected to employ about 2,000 people. The new factories will be built and operated in collaboration with two Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese steel companies, (a) Yodogawa Steel Works and (b) Fujiden International. The Japanese firms will in-turn, take and equity position in RRM.
In addition to the factories and offices at Lubowa
Lubowa
Łubowa is a village in the administrative district of Gmina Tarłów, within Opatów County, Świętokrzyskie Voivodeship, in south-central Poland. It lies approximately south of Tarłów, north-east of Opatów, and east of the regional capital Kielce....
and Namanve
Namanve
Namanve is a location in Kira Municipality, in Wakiso District, Central Uganda.-Location:Namanve is located in Bweyogerere Ward, in southeastern Kira Municipality, in Wakiso District, Central Uganda. This location is approximately , by road, east of downtown Kampala, Uganda's capital and largest city...
, the company maintains warehouses and attached sales offices at the following locations:
- Wilson Road Superstore - 13-13A Wilson Road, KampalaKampalaKampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
- Market Street Superstore - 3 Market Street, NakaseroNakaseroNakasero is the hill where the central business district of Kampala is located. Kampala is Uganda's capital and largest city.-Location:Nakasero is bordered by Mulago to the north, Makerere to the northwest, Old Kampala to the west, Namirembe and Mengo to the southwest, Nsambya to the south, Kibuli...
, KampalaKampalaKampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen... - Industrial Area Superstore - 2-3 Channel Lane and 5th Street, Industrial Area, KampalaKampalaKampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
- Jinja Superstore - 4-6 Spire Road, JinjaJinja, UgandaJinja is the largest town in Uganda, Africa. It is the second busiest commercial center in the country, after Kampala, Uganda's capital and only city. Jinja was established in 1907.-Location:...
- Gulu Superstore - Downtown Gulu, GuluGuluGulu is a city in Northern Uganda. It is the commercial and administrative centre of Gulu District. The city is located at 2˚46'48N 32˚18'00E, on the metre gauge railway from Tororo to Pakwach. Gulu is located approximately , by road, north of Kampala, Uganda's capital and largest city...
History
The company was established in 1994 following licensing facilitated by the Uganda Investment AuthorityUganda Investment Authority
The Uganda Investment Authority ' is a semi-autonomous investment promotion and facilitation organisation in Uganda, owned by the Government of Uganda.-Overview:UIA was created by the Uganda legislature in 1991...
. The company has installed capacity of 120,000 metric tonnes of steel per year and in 2008 was producing about 100,000 metric tonnes annually. In February 2011, Roofings secured funding from the International Finance Corporation
International Finance Corporation
The International Finance Corporation promotes sustainable private sector investment in developing countries.IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States....
(IFC), an arm of the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
, totaling US$25 million for expansion of production facilities. This was in addition to a syndicated loan
Syndicated loan
A syndicated loan is one that is provided by a group of lenders and is structured, arranged, and administered by one or several commercial banks or investment banks known as arrangers....
of US$64 million obtained from a consortium
Consortium
A consortium is an association of two or more individuals, companies, organizations or governments with the objective of participating in a common activity or pooling their resources for achieving a common goal....
of six (6) Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
n commercial bank
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
s obtained in December 2010, for the same purpose. When all of the planned expansion is completed, the company's exports will more than double to over US$130 million annually. The company's products are exported to Rwanda
Rwanda
Rwanda or , officially the Republic of Rwanda , is a country in central and eastern Africa with a population of approximately 11.4 million . Rwanda is located a few degrees south of the Equator, and is bordered by Uganda, Tanzania, Burundi and the Democratic Republic of the Congo...
, Burundi
Burundi
Burundi , officially the Republic of Burundi , is a landlocked country in the Great Lakes region of Eastern Africa bordered by Rwanda to the north, Tanzania to the east and south, and the Democratic Republic of the Congo to the west. Its capital is Bujumbura...
, Democratic Republic of the Congo
Democratic Republic of the Congo
The Democratic Republic of the Congo is a state located in Central Africa. It is the second largest country in Africa by area and the eleventh largest in the world...
, Southern Sudan, Kenya
Kenya
Kenya , officially known as the Republic of Kenya, is a country in East Africa that lies on the equator, with the Indian Ocean to its south-east...
and Tanzania
Tanzania
The United Republic of Tanzania is a country in East Africa bordered by Kenya and Uganda to the north, Rwanda, Burundi, and the Democratic Republic of the Congo to the west, and Zambia, Malawi, and Mozambique to the south. The country's eastern borders lie on the Indian Ocean.Tanzania is a state...
.
Ownership
Roofings Limited is a privately owned company. The detailed shareholding in the stock of the company is not publicly available at this time.Governance
The Roofings Board of Directors has seven (7) members, all of whom are executives in the company. Sikander Lalani, a BritishUnited Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
national serves as the Chairman of the Board
Chairman of the Board
The Chairman of the Board is a seat of office in an organization, especially of corporations.Chairman of the Board may also refer to:*Chairman of the Board , a 1998 film*Chairmen of the Board , a 1970s American soul music group...
and Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
. The senior management team consists of thirteen (13) managers who are responsible for running the day-to-day affairs of the company.