Kampala, Uganda | THE INDEPENDENT | The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue to rise. The headline PMI for October recorded a value of 52.9, slightly down from September’s, yet …
Read More »Business better in May, say experts
Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector has recorded improvement in the business operations and performance over the month of May compared to the situation in April, according to an expert study. The higher rate of activity by companies was mainly driven by the continued recovery of consumer …
Read More »Stanbic PMI: Companies report higher output due to rising customer demand
Kampala, Uganda | JULIUS BUSINGE | During October, Uganda’s private sector reported that improving customer demand fed through to increases in output and new orders, with employment and purchasing activity raised accordingly. However, higher building material and fuel costs added to inflationary pressures, in turn feeding through to an increase in …
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