Tag Archives: private sector

BEIJING | Xinhua | China’s private sector saw robust industrial output growth in the first quarter of 2025, with its investment in manufacturing and innovation-driven development also accelerating. The sector, constituting more than 90 percent of enterprises in the world’s second-largest economy, has forged ahead with steady expansion as the …

BEIJING | Xinhua | China is implementing a series of targeted measures to foster a favorable environment for private enterprises and promote growth in the private sector, said an official with the country’s top economic planner. These initiatives focus on easing financing constraints, boosting investment, promoting trade, enhancing talent development …

BEIJING | XINHUA |  Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Monday urged efforts to promote the healthy and high-quality development of the country’s private sector. Xi, also Chinese president and chairman of the Central Military Commission, made the remarks when attending a symposium …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector remains resilient with the Stanbic Purchasing Managers’ Index (PMI) for November climbing to 55.7, up from 52.9 in October. This marks the eighth consecutive month of expansion, as readings above 50.0 signify positive business conditions. Christopher Legilisho, Economist at Stanbic Bank, described …

Kampala, Uganda | Patricia Akankwatsa | The International Fund for Agricultural Development (IFAD) convened a high-level workshop on alternative financing for agricultural development, spotlighting innovative approaches to scaling private sector engagement. Held under the theme “Scaling Up Engagements with the Private Sector through the Yield Uganda Investment Fund Model,” the workshop …

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 …