But private sector players are optimistic about the future | THE INDEPENDENT | Uganda’s private sector activity continues to improve as the economy slowly recovers from COVID-19 pandemic hit but workforce continues to fall. The latest Stanbic Purchasing Managers’ Index (PMI) released on Nov.03 indicates that Uganda’s private sector …
Read More »SURVEY: Companies lower staffing levels for 4th month
But businesses remain optimistic about the future Kampala, Uganda | JULIUS BUSINGE | Business sentiments in Uganda’s private sector remained positive but slow in September on account of new orders and higher output, according to the monthly Stanbic Bank Purchasing Managers Index (PMI). The headline PMI registered 52.5 in September …
Read More »Private sector firms report improved business activities
Growth is attributed largely to government’s move to relax second lockdown measures Kampala, Uganda | JULIUS BUSINGE | The business community has reported an improved business environment that has seen them somewhat recover from the negative effects of the 42-day lockdown, according to a monthly survey report sponsored by Stanbic …
Read More »Business activities still slow in July – Survey
But players expect recovery due to easing of COVID-19 lockdown measures Kampala, Uganda | JULIUS BUSINGE | Business captains are optimistic that activity will rebound once lockdown restrictions are lifted by government, according to the July Purchasing Managers’ Index (PMI). Experts expect opportunities in form of new jobs and economic …
Read More »Uganda’s private sector activity slows in June-PMI
The risk of extending the COVID-19 lockdown could delay rebound in economic activity Kampala, Uganda | JULIUS BUSINGE | Uganda’s private sector activity slowed in June, the second time in a row, with businesses forecasting a dejected outlook for the few months ahead as a result of the ongoing second …
Read More »Mixed performance for private sector activities
Rising customer numbers support expanding private sector output according to Stanbic Bank Uganda index Kampala, Uganda | JULIUS BUSINGE | Growth was recorded again in the Ugandan private sector during May, with output, new orders and employment all rising over the course of the month, according to the monthly Stanbic …
Read More »Stanbic purchasing index up in March, highest since November
Ugandan private companies post successive rise in business activity during March ✳ Key findings ➡ Rising new orders support further output growth ➡ Firms optimistic of further increases in coming months ➡ Higher purchase prices recorded Kampala, Uganda | THE INDEPENDENT | There are signs that the Ugandan economy is gradually …
Read More »Schools reopening boosts private sector activity
Private sector optimism picked up in February, ending a two month sequence of job cuts and supported by preparations for a wider reopening of schools in the coming months as concerns over the general election period receded. Posting a reading of 51.2 for February, the Stanbic Purchasing Managers’ Index (PMI) …
Read More »STANBIC REPORT: Employment rises for first time in three months
Reopening of school boosts confidence of private entities and posts a growth in businesses activities ✳ Companies optimistic of the future outlook ✳ Schools reopening and increase in new business supports higher output ✳ Employment rises for first time in three month Kampala, Uganda | THE INDEPENDENT | Private sector …
Read More »COVER STORY: Will Kabaka fire Mayiga?
ANALYSIS: Anger, anxiety, unease over Buganda monarch’s fights over land Kampala, Uganda| Andrew S. Kaggwa | Buganda kingdom Prime Minister, Katikkiro Charles Peter Mayiga could be punished with a sacking over court cases over land involving his boss, Kabaka Ronald Muwenda Muwenda II. At least that is what some of …
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