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Tag Archives: economy

Uganda, East Africa traders hopeful as global shocks ease

Kampala, Uganda | THE INDEPENDENT | Uganda’s economic indicators spell better conditions for the private sector and business compared to other countries in the region, according to an expert study, the Africa Trade Barometer (ATB). Uganda’s overall macroeconomic conditions are “average with a slight positive outlook relative to the other countries …

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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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Chinese economy naysayers to be disappointed yet again: economic planner

Beijing, China | Xinhua |  China’s top economic planner on Wednesday said that positive factors concerning China’s economy are accumulating and that China naysayers will be disappointed yet again. As existing and incremental policies take synergistic effect, China’s economy will rebound and sustain a long-term upward momentum, Cong Liang, deputy …

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The global economy’s real enemy

Why geopolitics and not protectionism should be the worry for the future health of the world economy COMMENT | DANI RODRIK | “The era of free trade seems to be over. How will the world economy fare under protectionism?” This is one of the most common questions I hear nowadays. But …

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Human success in the AI age

Why those who optimally mix what AIs and humans each can do best will be champions in the new economy COMMENT | JAMIE METZL | Everywhere we look nowadays, we find warnings that artificial-intelligence algorithms are coming for our jobs. While Goldman Sachs estimates that two-thirds of all current jobs in …

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Uganda’s economy shows mixed trends

Companies remain optimistic about future output growth Kampala, Uganda | JULIUS BUSINGE | The monthly Stanbic Purchasing Managers’ Index (PMI) for Uganda dipped slightly in August, falling from 53.9 in July to 51.6, as businesses grappled with the implications of the World Bank’s suspension of further loans to the country. However, …

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