Tag Archives: private sector

  The Stanbic Purchasing Managers’ Index (PMI) has regained a positive outlook as the August data pointed to a renewed improvement in business conditions for Uganda’s private sector as both output and new orders returned to growth. | THE INDEPENDENT | The headline PMI rose to 50.5 in August, up …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has called upon the Pprivate sector to support the Parish Development Model. Museveni made the remarks while speaking on Thursday during the second Bi-annual Presidential Chief Executive Officers Forum (PCF) which he hosted at his country home in Irenga, Ntungamo district. The …

Nairobi, Kenya | THE INDEPENDENT | The private sector has blamed the banking industry in the East African Community for doing little to promote trade and investment, which has kept the region’s development slow. The investors say banks have not helped them access the financing needed to boost trade to catch …

   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 …

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 …

The imminent re-opening of schools to take in non-candidate classes has ignited business confidence and supported a return to growth in employment Kampala, Uganda | THE INDEPENDENT | The private sector has become more optimistic about its businesses for the next few months following a troubled period between December and January. …

Kampala, Uganda | THE INDEPENDENT | Private sector leaders and financiers are calling for a review of the government stimulus package announced mid last year saying the measures were not well informed and are not bearing the expected fruit. The government announced more than 1 trillion Shillings in stimulus cash in …

Nairobi, Kenya | Xinhua | African governments should leverage capital, technology and manpower from industry to hasten realization of sustainability agenda and pandemic recovery in the continent, a senior UN official said on Thursday. Amina J. Mohammed, UN Deputy secretary-general, said that targeted investments from Africa’s indigenous businesses are required to …

While some companies will need government assistance others are becoming part of the solution COMMENT | DAMBISA MOYO | If the 2008 global financial crisis laid bare the worst of capitalism, the private sector’s response to the COVID-19 pandemic is already showcasing the very best. COVID-19 cases have now surpassed …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector activity increased for December 2018 signalling improved business environment. The Stanbic Bank Purchasing Manager’s Index (PMI) for manufacturing and services rose to 56.6 for December from 55.7 recorded in the previous month owed to increased demand for various products and services. Anything …