Private sector activity in Uganda Archives

Employment, new orders rise in expanded purchasing activity

by CEO ReporterNews & AnalysisDecember 6, 2022December 6, 2022

Conditions in Uganda’s private sector continue to improve as the latest data for the monthly Stanbic Purchasing Managers Index (Stanbic Bank PMI) showed output, new orders and employment all increasing over the month.The headline PMI rose to 50.9 in November from 50.0 in October, indicating an improvement in business conditions…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Fuel cost dents July business productivity – Stanbic study

by CEO ReporterIndustry & Analysis News & AnalysisAugust 3, 2022August 3, 2022

Increasing inflationary pressures dented private sector business activity during July as the headline Stanbic Purchasing Managers’ Index (PMI) dipped below the threshold 50.0 no-change mark for the first time this year.The PMI dropped from 50.9 recorded in June to 48.2 in July with firms scaling back their employment and purchasing…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Persistent high fuel prices hike input cost in May – Stanbic report

by CEO ReporterNews & AnalysisJune 7, 2022June 7, 2022

The persistent high cost of fuel contributed to negative private sector activity in May with the Stanbic Headline Purchasing Managers Index (PMI) dropping to 51.5 from to 53.9 recorded in April—readings above 50.0 mean improvement in business conditions on the previous month while readings that are below 50.0 show deterioration.The…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

School re-opening boosts private sector activity in January – Stanbic Study

by CEO ReporterFinance News & AnalysisFebruary 5, 2022February 5, 2022

Business conditions improved in the Ugandan private sector in January, buoyed by the reopening of schools following an extended period of closure due to the COVID-19 pandemic according to the latest Stanbic Bank sponsored Purchase Managers Index (PMI).Despite an increase in fuel prices, the PMI posted 54.9 in January, up…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

October sees Economic activity up as employment remained stunted amid cost pressures- Stanbic Study

by CEO ReporterAdvertising & Communication Finance Industry & Analysis News & AnalysisNovember 3, 2021November 3, 2021

Uganda’s private sector recorded a third successive monthly increase in business activity during October thanks to a return to normal operating conditions and increase in new orders, but companies were not hiring more workers during this period.The headline Stanbic Purchasing Managers’ Index (PMI) rose to 54.6 in October from 52.5…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?