There are rising employment levels for the last six months as the country continues to recover from the COVID-19 pandemic hit. According to Stanbic Bank Uganda’s Purchase Managers’ Index (PMI) for the month of November, job creation was signalled in country’s private sector for the first time in six months during the month as companies responded to market needs. The headline PMI posted 54.1 in November, down slightly from 54.6 in October. Ferishka Bharuth, an Economist – Africa Regions at Stanbic Bank commented said, though the headline PMI slightly reduced in November compared to the previous month, the PMI…
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