Kampala, Uganda | THE INDEPENDENT | Uganda’s economy has grown faster than was earlier projected two months ago, according to the Bank of Uganda’s Monetary Policy Committee. The Uganda Bureau of Statistics, UBOS, in its updated GDP Quarterly GDP estimated the contraction in the economy at 1.1 % in 2020, compared …
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Kampala, Uganda | THE INDEPENDENT | The business environment worsened in April with company owners not hoping for quick recovery anytime soon according to the April Purchase Managers Index (PMI). The survey which asks business managers about their operations said in a report for April that business activity came …
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Kampala, Uganda | THE INDEPENDENT | Companies hired more staff in the month of November as demand for their products increased, a new survey has shown. The Purchasing Managers Index, published by Stanbic Bank and IHS Markit shows that the business environment improved to 58.6 points in November from the …
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Seoul, South Korea | AFP | Samsung Electronics said on Tuesday it expected operating profits to drop more than 50 percent in the third quarter as it struggles with a long-running slump in the global chip market. Operating profit for July to September was forecast to reach 7.7 trillion won ($6.4 …
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The Independent Uganda: You get the Truth we Pay the Price