Stanbic Purchasing Managers’ Index

The latest expansion in purchasing activity and a quickening of deliveries from suppliers meant that inventories increased for the eighth month. File Photo

Uganda’s private sector output expands for eleventh successive month

The monthly Stanbic Purchasing Managers’ Index (PMI), a measure of Uganda’s private sector business confidence, saw a slight drop from 57.4 in May to 56.4 in June, but optimism remains high on
July 7, 2023
Mulalo Madula, Economist at Standard Bank. She says the significant uptick in business activity may contribute to increased inflationary pressures alongside reported increases in staff, electricity, fuel, and construction material costs

Increasing customer demand spurs growth of company input orders

The headline Stanbic Purchasing Managers Index (PMI) reached its highest point this year, posting 57.4 during May, up from 55.4 in April as success in securing new customers had a positive impact
June 26, 2023
Fuel payment is among the leading hard cash transactions in the country and a key target in Uganda’s quest to become a cashless economy and this has since seen the Parliament amend the National Payments Act to safeguard consumers from harm that may arise from using e-payments. Courtesy photo

Stanbic PMI shows third successive rise in new orders

Business conditions for Uganda’s private sector were unchanged at the start of the fourth quarter of the year, following two months of improvement, the latest Stanbic Purchasing Managers’ Index (PMI) released reads
November 4, 2022
Ronald Muyanja, the Head of Trading at Stanbic Bank Uganda. He says some firms reported that they had been able to secure new customers over the month, thereby leading to higher new orders

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

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
There is reported improvement in business conditions in Uganda, according to Stanbic Purchasing Managers’ Index. Courtesy photo

Stanbic survey Shows Uganda’s private sector recovering with Rise in Business conditions, employment for April

Uganda’s private sector continues to recover in April with business conditions, employment and purchasing orders consistently improving since February securing greater volumes of new orders amidst normal operating condition. The headline Stanbic

 

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