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CiplaQCIL highlights achievements for 2019/2020 financial year at AGM

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Executive Chairman of CiplaQCIL, Emmanuel Katongole

Executive Chairman of CiplaQCIL, Emmanuel Katongole makes his remarks during the second annual general meeting.

By Our Reporter

During Cipla Quality Chemical Industries Limited’s (CiplaQCIL) second annual general meeting (AGM) on Thursday, the company announced its achievements during the 2019/2020 financial year such as the considerable expansion of the regulatory footprint (most notably the approval from the South Africa Health Products Regulatory Authority (SAHPRA)), the first ARV exports to South Africa, the opening of the expanded state-of-the-art Quality laboratory and significant growth in donor-funded malaria sales.

The company has also undertaken an ambitious innovation programme to enable additional products to be manufactured at its facility, including the new first-line antiretroviral (ARV) treatment for HIV commonly referred to as TLD, which combines tenofovir (TDF), lamivudine (3TC) and dolutegravir (DTG).

CiplaQCIL set out a target to be registered in 22 countries in Africa this year. The scorecard to date is that 16 countries have granted approvals, 15 are in progress, and 3 new country applications will be made this financial year. The company is confident that this target will be surpassed.

CiplaQCIL continues to engage extensively and constructively with the Government of Zambia regarding payment of the over dues this financial year. In Quarter one, $1.2 million was received. This engagement involves forfeiting the over dues through an international bank to secure guaranteed payment.

CEO of CiplaQCIL, Nevin Bradford, said: “The company is relentlessly focussed on driving shareholder value through increased revenues and profitability. Even though it was business unusual during the COVID-19 pandemic, CiplaQCIL was fortunate to operate without interruption and even managed to improve attendance and productivity levels during this period. The new financial year 2020/2021 has presented opportunities in increasing the customer base with orders from Botswana for 2.3 million doses of ARVs for adults living with HIV.”

CiplaQCIL is widening its customer base both geographically and customer wise with the entrance into the private market and very significant new direct-to-government sales.

As part of CiplaQCIL’s expansion strategy, the company has acquired Quality Chemical Ltd.’s distribution arm of the Cipla India manufactured range of prescription medicines in Uganda.

The acquisition takes the form of a transfer of assets of Quality Chemicals Limited, specifically the sales team overseeing the human healthcare portfolio, and is expected to boost the company’s sales growth by expanding its product range while unlocking new business opportunities in the retail distribution market. The transaction will close in the second Quarter. It will market both the medicines manufactured by CiplaQCIL and those manufactured by Cipla India: these have significant market shares of key therapeutic areas such as anti-infectives, antifungals, respiratory care and gastroenterology.

CiplaQCIL will commence the manufacture of certain over-the-counter products and medicines in the cardiovascular and metabolic therapeutic categories to bolster the portfolio available to the retail sector.

Executive Chairman of CiplaQCIL, Emmanuel Katongole, said: “The 2019/2020 financial year was a challenging year especially given the Zambia issues and most recently the COVID-19 pandemic. The Company is intent on returning to significant revenue growth in 20/21 as well as, of course, a return to profitability. We can be proud though despite numerous challenges, CiplaQCIL continues to deliver on its ethos of ‘Caring for Life’ by producing quality, affordable medicines to ensure that people have access to life-saving medication.”

The post CiplaQCIL highlights achievements for 2019/2020 financial year at AGM appeared first on BigEye.UG.



Source – bigeye.ug

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Zari reveals her boyfriend Shakib Cham’s age

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Zari finally reveals her boyfriend Shakib Cham’s age…

Classy socialite, Zari Hassan has come out to defend herself after facing heavy criticism, banter and trolls for making out with ‘younger boys’.

About a month ago, Zari left Netizens in wonderland after she was smoked out in a nightclub, grinding a young guy. It later came to light that she and Chap are not just friends but partners in passion.

She took to her Instagram page and confirmed their entanglement and told critics off!

“…I am free to do whatever I feel like. Life is too short. I gotta enjoy it as I’m supposed to,” the self-styled Boss Lady barks. Prior to this, she had just had a fling, GK Choppa, which ended as soon as the holy month Ramathan started.

READ MORE: Zari speaks out after video her grinding toy boy in night club surfaces

Our investigative Bazzinyi laid a strategy, specifically to uncover the identity of this lucky dude, drilling the tried and tested Zari’s honeypot.

Trust the dedicated Bazzinyi team! Within a short period of time, they had already gathered enough info about the chap.

Shakib Cham is the name of the guy, a Ugandan by Nationality, who was raised in the Kawempe slums. Apparently, Shakib’s work is to look good, smell nice, kwetega and smash loaded mamas. Numerous sources tip us that he is in his mid-20s.

However, Zari claims that Shakib is actually older than what is peddled on the social media streets. In a latest interview with a local media house, the mother-of-five trashed all the allegations that she’s molesting Shakib. She says he is a grown able-bodied chap, who is equipped with all the Zzina skills.

“Why are people mad tho? Shakib is 30. He just looks good…lol. I hear 18 year, 20 year old…molesting. Do they even know the meaning of molestation? Smh,” Zari blasted and vowed to continue making merry with her man.

Watch the two lovebirds making merry below:

https://www.galaxyfm.co.ug/wp-content/uploads/2022/05/284694759_2239315639554058_354836604681280275_n.mp4





Source – www.galaxyfm.co.ug

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He is an old man that looks good

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Zari Hassan has revealed her new lover, Shakib Cham’s age following online slurs from critics claiming that she is molesting a teenager.

For about a month now, Ugandan socialite Zari Hassan has been back in the headlines following footage that went viral of her making out with a one Shakib Cham.

Shakib, a Ugandan city boy, is not the most popular and in efforts to know more about him, a few critics have revealed that he is a young boy raised in the Kawempe slums.



Source – mbu.ug

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Swangz Avenue launches Creative Academy

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Swangz Avenue launches Creative Academy

By Our Reporter

Swangz Avenue, an audio-visual production company has launched a creative academy.

The Academy will offer courses in audio production, cinematography, digital video editing, live broadcast, script writing, and film production, among others.

With over 14 years of experience in producing audio and visual content, Swangz Avenue will skill young creative minds with an intent to build a bridge between basic school education and the creative industry professional world through a curriculum, which is both innovative and modular, under the tutelage of industry professionals to join the immense opportunities the creative industry has to offer.

Swangz Avenue launches Creative Academy

“The sector is heavily unskilled yet the demand for quality audio and visual production is at an all-time high. We believe this skilling initiative will make a significant leap at improving the quality of productions but most importantly create jobs,” says Julius Kyazze, the Head of Business at Swangz Avenue.

All courses will employ an 80% hands-on teaching technique with the rest being theoretical assessments.

The Swangz Creative Academy has started registration for the June entry with focus on the first two courses; Audio Production & Broadcast Production.

The Academy is certified by the Directorate of Industrial Training (DIT) under the Ministry of Education and Sports.

You can register here.





Source – bigeye.ug

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