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Uganda Clays makes decent profit amid a tough year July 8, 2021 Written by Ernest Jjingo Uganda Clays Limited celebrated its 70 years in the country with a Shs 4.9 billion profit for the calendar year 2020, a turnaround from the loss it recorded the previous year. It is not exactly clear what pushed up the profit of the company although a statement from the company points to investments in the nearly risk-free government securities and a slash in costs as partly responsible for a decent revenue stream. For a company that has struggled with poor performances in recent years, coupled with a number of management shake-ups, this profit is bound to raise the hopes of many shareholders considering ....
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