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Tag Archives: PMI

Business picking up faster, as schools reopen-private sector

The imminent re-opening of schools to take in non-candidate classes has ignited business confidence and supported a return to growth in employment Kampala, Uganda | THE INDEPENDENT | The private sector has become more optimistic about its businesses for the next few months following a troubled period between December and January. …

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Uganda’s economy on recovery trend

    Kampala, Uganda | Xinhua | Uganda’s economy is on a recovery trend from the downturn caused by the COVID-19 pandemic, a new report by the ministry of finance showed Wednesday. The monthly performance report for October showed that for the fourth consecutive month, the Purchasing Managers’ Index (PMI) has …

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Business confidence surges after ease in lockdown restrictions

Kampala, Uganda | THE INDEPENDENT | Confidence in the country’s business activities surged in July with business owners experiencing more demand for their goods after the country lifted much of the coronavirus restrictions, a survey has said. The Purchasing Managers’ Index (PMI) published monthly by Stanbic bank recorded a 50.3 …

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Business owners project growth in next 12 months – Study

Kampala, Uganda | THE INDEPENDENT | Business owners in Uganda think the next one year will turn out well for their businesses. This has pushed them to hire more staff and increase their stocks, according to Stanbic bank’s monthly index. Three-quarters of company managers interviewed said they were optimistic the …

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