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Major sectors record growth as Uganda’s economy slowly picks up – Stanbic study

by CEO Reporter
Kenneth Kitungulu, Stanbic Bank Uganda Head of Global Markets. He notes that the steady improvement in business conditions is due to fewer restrictions on business activities throughout the country compared to previous months
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Uganda’s private sector continues to recover from the impact of the Coronavirus pandemic (Covid-19) as business conditions improved in August after a near standstill of activities during the series of lockdowns between March and the end of May. The latest headline Stanbic Purchase Managers Index (PMI) posted 54.6, up from 50.3 in July. This is the highest since February, just before the first

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