Cipla Convinces Shareholders of a Turnaround in company fortunes

Cipla Quality Chemicals Ltd, Uganda's top manufacturer of medicines has in recent years faced declining profits occasioned by a fall in revenues, making Shareholders uneasy.The Capital Markets Authority's latest report shows that Cipla's shares posted one of the biggest price fall on the Uganda Securities Exchange, alongside Uganda Clays Ltd.  This comes at the time the company is implementing e