Uganda’s private sector continued to expand in September, supported by sustained consumer demand and an increase in new orders, although rising fuel, transport and other operating costs put businesses under growing pressure. The Stanbic Bank Uganda Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 53.0 in September from 55.0 in August. Despite the…
Global unrest triggered by escalating tensions in the Middle East could unsettle financial markets, but Stanbic analysts say it may also create opportunities for disciplined investors willing to take a long-term view. That was the key message from analysts and investment advisers during a webinar hosted by SBG Securities Uganda. Grace Semakula, the chief executive…
The private sector continued its upward trajectory in September, driven by strong consumer demand and a sustained rise in new orders, according to the latest Stanbic Purchasing Managers’ Index (PMI). The headline PMI rose to 54.0 from 53.3 in August, marking the eighth consecutive month of improved business conditions. Readings above 50.0 indicate expansion compared…
The private sector continued its upward trajectory in August, marking seven consecutive months of expansion, according to the latest Stanbic Bank Purchasing Managers’ Index (PMI). The headline PMI registered at 53.3, slightly down from 53.6 in July, but still signalling robust growth as it remained above the 50.0 threshold that indicates improving business conditions. The…
Uganda’s private sector continued its robust expansion in July 2025, driven by strong demand and new client wins, though rising input costs prompted firms to increase prices, according to the latest Stanbic Bank Purchasing Managers’ Index (PMI). The headline PMI registered at 53.6 in July, down slightly from 55.6 in June. Despite the dip, the…
Uganda’s private sector continued to experience improving business conditions in June 2025, marking the fifth consecutive month of expansion, according to the latest Stanbic Purchasing Managers’ Index (PMI). The PMI, compiled by S&P Global, dipped slightly to 55.6 from 56.4 in May but remained above the 50.0 threshold, signaling ongoing growth driven by increases in…
