Stanbic Bank Uganda PMI continues to strengthen

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By Our Reporter The Stanbic Bank Purchase Managers Index (PMI) for June indicates that operating conditions in Uganda improved over the past month on the back of renewed local demand which led to an increase in output, new orders, employment and the purchase of new stocks. Anne Juuko Stanbic Bank’s Head of Global Markets said, “The headline seasonally adjusted PMI posted a respectable 52