Tag Archives: private sector

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector completed the third quarter (January-March) of this financial year on a lower note as firms reported lower business across the main economic sectors. The deterioration in business conditions during March, marked the end of a 16-month upward improvement trend in the health …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector experienced a modest deceleration in growth in Feb, as indicated by the Stanbic Purchasing Managers’ Index (PMI) which adjusted to 51.7 from a previous 54.0 in January. Despite this slight easing, the sector continued to demonstrate robust performance with sustained improvements across …

Kamapala, Uganda | THE INDEPENDENT | The Housing Finance Bank (HFB) of Uganda and EIB Global on Thursday announced a partnership to avail over two hundred and twelve billion (€50 million) investment to support private sector entities, notably SMEs in Uganda. At least half of the investment to be allocated to …

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 …

  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 …

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 …

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 …

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 …

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, …

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 …