Draft a problem statement showing the performance of the Manufacturing firms in Uganda and show statistics on sales, market share and profitability in one detailed paragraph with the latest references

The performance of manufacturing firms in Uganda has been a subject of interest in recent years. According to the Uganda Bureau of Statistics (2020), the manufacturing sector contributed 20% to the country's GDP. However, the sector's performance in terms of sales, market share, and profitability varies. For instance, the Uganda Manufacturers Association (2021) reports that sales in the manufacturing sector increased by 5% in 2020, despite the COVID-19 pandemic. However, the market share of Ugandan manufacturing firms in the East African region remains low at 10%, compared to Kenya's 40% (East African Business Council, 2021). In terms of profitability, a study by the Economic Policy Research Centre (2020) found that the average profit margin for manufacturing firms in Uganda was 10%, which is lower than the global average of 15%. These statistics indicate that while there is growth in the manufacturing sector in Uganda, there are still challenges that need to be addressed to improve its performance.