Mulalo Madula, Economist at Standard Bank. She says the significant uptick in business activity may contribute to increased inflationary pressures alongside reported increases in staff, electricity, fuel, and construction material costs
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Getting your Trinity Audio player ready… 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 and…

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