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Stanbic PMI shows good business in October

Kampala, Uganda | THE INDEPENDENT | The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue to rise. The headline PMI for October recorded a value of 52.9, slightly down from September’s, yet …

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UAP Old Mutual Insurance shines at 2024 Financial Reporting Awards

Kampala, Uganda | THE INDEPENDENT | UAP Old Mutual Insurance has once again been recognized for its commitment to excellence in corporate reporting. The company secured top honours at the 2024 Financial Reporting Awards (FiRe Awards), solidifying its position as a leader in transparent and accountable business practices within Uganda’s insurance …

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PSFU launches youth business mentorship program

KAMPALA, UGANDA | THE INDEPENDENT | The Private Sector Foundation Uganda has unveiled a Flagship Mentorship program dubbed “PSFU NextGen” and the annual Private Sector Gala, which will be held from December 5 – 6 in Kampala. Uganda’s youth population, while a demographic advantage, faces significant challenges in finding employment, and starting …

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