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Tag Archives: September

EACOP Final Investment Decision expected in September

Kampala, Uganda | THE INDEPENDENT | The Final Investment Decision (FID) for the East African Crude oil project is expected before the end of September 2024 according to Energy Minister, Ruth Nankabirwa. Three billion dollars in debt financing is required for the financial close of the five billion dollar pipeline that …

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Stanbic’s PMI: September sees an increase in employment

Kampala, Uganda | THE INDEPENDENT | During September, Uganda’s private sector saw an increase in employment and purchasing activity as demand conditions remained favorable, resulting from the continued growth of new orders and enhanced business activity. The monthly headline Stanbic Purchasing Managers Index (PMI) rose to 52.9 in September, up from …

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