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Business picks up as private sector warms up to relaxed lockdown measures

by CEO Reporter
Ronald Muyanja, the Head of Trading at Stanbic Bank Uganda. He says some firms reported that they had been able to secure new customers over the month, thereby leading to higher new orders

The headline Stanbic Purchasing Managers’ Index (PMI) moved back above the 50.0 mark in August, posting 50.2 from 34.6 in July.Readings above 50.0 signal an improvement in business conditions on…

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