Tag Archives: private sector

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector has blamed the poor attitude towards compliance with tax obligations on what they call unfriendly tax policies. This comes as the government seeks more ways of encouraging more Ugandans to pay taxes as and when they fall due, and also increasing the …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector reported a continued growth of new orders running into the fourth month at the end of July marking the start of the third quarter. The upturn was widespread across all five monitored sectors, with firms linking the expansion to new client wins. …

Cairo, Egypt | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have entered a deal aimed at boosting support to the private sector. The Joint Project Preparation Facility Framework Agreement will provide early project preparatory financing and technical support services to public and private sector …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector continues to thrive despite higher utility, rent, material, and staff costs, according to the latest Stanbic Purchasing Managers’ Index (PMI). The PMI dipped from 54.1 in May to 51.9 in June, indicating continued growth but at a slower pace. “The private sector …

However, delays in project execution, limited resources, red tape in contract approvals remains big concerns Kampala, Uganda | JULIUS BUSINGE | Uganda’s private sector has welcomed the government’s decision to significantly increase the budget allocation for the mineral development and oil and gas sub-sectors but has voiced concerns over implementation. In …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector activity picked up in April amidst prolonged traders’ strike over the government’s enforcement of the Electronic Fiscal Receipting and Invoicing Solutions, a new business survey shows. The Stanbic Bank Purchasing Managers’ Index (PMI) rose to 52.6 in April from 49.3 a month …

SPECIAL REPORT | THE INDEPENDENT | Private Sector leaders in Africa have been urged to be aggressively involved in influencing good politics in the various countries to help their agenda. The Africa CEO Forum, a not-for-profit company pushing for a better business environment on the continent says the kind of politics …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector completed the third quarter (January-March) of this financial year on a lower note as firms reported lower business across the main economic sectors. The deterioration in business conditions during March, marked the end of a 16-month upward improvement trend in the health …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector experienced a modest deceleration in growth in Feb, as indicated by the Stanbic Purchasing Managers’ Index (PMI) which adjusted to 51.7 from a previous 54.0 in January. Despite this slight easing, the sector continued to demonstrate robust performance with sustained improvements across …

Kamapala, Uganda | THE INDEPENDENT | The Housing Finance Bank (HFB) of Uganda and EIB Global on Thursday announced a partnership to avail over two hundred and twelve billion (€50 million) investment to support private sector entities, notably SMEs in Uganda. At least half of the investment to be allocated to …