Kampala, Uganda | THE INDEPENDENT | The year 2023 ended on a higher note for the private sector as companies registered more demand for their goods and services in the month of December. This according to both the Uganda Bureau of Statistics and the Stanbic Purchasing Managers Index (PMI), which compile …
Read More »Private Sector: Tanzania’s agro-trade policies distabilising regional trade
Kampala, Uganda | THE INDEPENDENT | The move by the government of Tanzania to restrict food exports to Uganda and Kenya is facing opposition from the private sector and politicians that it is not progressive. This financial year, Tanzania reintroduced food export restrictions including new tariffs and forcing traders …
Read More »PMI: Rising customer demand support growth of new orders
Kampala, Uganda | IN THE INDEPENDENT | The headline Stanbic Purchasing Managers Index (PMI) reached its highest point this year, posting 57.4 during May, up from 55.4 in April as success in securing new customers had a positive impact on the Ugandan private sector. Meanwhile, this further expansion in new orders …
Read More »Private sector players partner with gov’t in seeking trade and investment opportunities
Kampala, Uganda | THE INDEPENDENT | Private sector’s decision to join the government to host the second leg of the Uganda-South Africa Summit in Kampala planned later this year shows a changing narrative in the private sector space, as companies seek business deals and contribute to the country’s growth. The summit …
Read More »Private sector output in continued expansion as PMI crosses 55.0 reading
Kampala, Uganda | THE INDEPENDENT | The start of the second quarter of 2023 saw a rise in employment as Uganda’s private sector recorded increased output and new orders with the headline Stanbic Purchasing Managers Index (PMI) rising to 55.4 in April, up from 53.2 in March. For the sixth successive …
Read More »Private sector reports better business
Kampala, Uganda | THE INDEPENDENT |A new study of the private sector operations in Uganda shows an increase in the rate of job creation across sectors in Uganda. The study done over the month of April on corporate companies found that staffing levels rose in response to greater new orders, …
Read More »Private sector involvement in youth skilling could boost employment
COMMENT | Michael Sekadde | Uganda has one of the youngest populations in the world, with 78 per cent of its citizens under the age of 30. Such a high number is an opportunity for the country’s growth but only when it is equipped with the right skills to realise its full …
Read More »Stanbic PMI: New orders sustain private sector expansion despite slight dip
Kampala, Uganda | THE INDEPENDENT | The headline Stanbic Purchasing Managers’ Index (PMI) dipped to 51.2 during February from 53.2 in January as business activity increased in the services and wholesale and retail categories, but decreased in agriculture, construction and industry. However, the Ugandan private sector remained in growth territory at …
Read More »Boosting private sector development in Uganda
Players task government to walk the talk at 13th national competitiveness forum Kampala, Uganda | JULIUS BUSINGE | Private sector players have asked government to walk the talk while promising to boost private sector activities that drive overall growth of the economy. The call was made by multiple speakers at the …
Read More »Speaker Among urges IGG to probe private sector corruption
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Anita Among wants the Inspectorate of Government (IG) to be given the mandate to investigate corruption under the private sector. Among made the statement while meeting officials from the IG led by the Inspector General of Government, Beti Kamya, who on …
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