Uganda Clays expects improved stock performance
Uganda Securities Exchange-listed baked clay manufacturer, Uganda Clays, says its stock performance is expected to improve in the near term. Managing Director Ruben Twebaze notes that recent trading volumes reflect growing investor confidence in the company’s new strategy. The strategy includes securing major trade deals with key institutions such as the army, the Church Commissioners Holding Company Limited, and projects in schools and hospitals. Additionally, Twebaze highlights plans to establish partnerships with the government and religious organizations to undertake multi-billion building projects.