STANBIC PMI SURVEY: 80% of Ugandan businesses bullish about 2020, on the back of a solid Q4, 2019
80% of Uganda’s business are confident
about business growth in 2020 according to Stanbic Bank’s Purchasing Managers
Index (PMI), a monthly survey that measures business conditions in the country.
The PMI is a composite index,
calculated as a weighted average of five individual sub-components: New Orders (30%),
Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of