Tag Archives: PMI

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | The recovery of the economy has suffered a setback following the 42 days that the country was under a lockdown, this is according to economic analysts. The economy was recovering from the effects of the March-to-June 2020 lockdown, with both the Bank of Uganda and the …

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 …

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 …

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) …

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. …

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 …

✳ Business activity declines in January – first time in seven months in Uganda ✳ New orders and employment fall ✳ Companies still optimistic regarding 12 months outlook Kampala, Uganda | THE INDEPENDENT | Business conditions deteriorated for the first time in seven months for the  Ugandan private sector in …

    Kampala, Uganda | Xinhua | Uganda’s economy is on a recovery trend from the downturn caused by the COVID-19 pandemic, a new report by the ministry of finance showed Wednesday. The monthly performance report for October showed that for the fourth consecutive month, the Purchasing Managers’ Index (PMI) has …