Economic activity

Economy

Private sector activity slows in August

Business activity in Uganda's private sector continued to expand in August, albeit at a slower pace, according to the latest purchasing managers’ index produced by S&P Global
Street scene outside a luggage shop in downtown Kampala
Economy

Gauge of business activity slips in July

A measure of business conditions in Uganda's private sector pulled back to its lowest level in four months, although it remained in expansion territory
A man wearing protective gear works on a machine in a factory
Economy

Business activity edges down in June, but still solid

A gauge of business conditions in Uganda's private sector expanded at a solid pace in June, though weaker than the prior month, as new orders and output continued to strengthen
Daily newspaper economy stock market chart
Economy

Uganda economy grew at 7.4% in first quarter

Uganda’s economy grew 7.4 per cent in the first quarter of 2025, driven by increased activity in food crop production, trade and repairs, and construction
An agricultural market in downtown Kampala
Economy

Uganda economic activity hits highest in almost 2 years

Business activity in Uganda's private sector expanded at its fastest pace in 23 months during May, a private survey showed Thursday
A factory with several activities taking place
Economy

Business activity slows in March

Activity in Uganda's economy contracted for the first time in 20 months in March, according to an official survey, as a drop in money supply suppressed consumer demand
Overhead image of the downtown part of Kampala, with the logo of Diamond Trust Bank Uganda prominent and in the photographer's focus
Economy

Private sector credit growth drops in December

Lending to the private sector slowed in December due to a decline in microfinance loans and stagnant growth in commercial bank loans
Crested Towers in Kampala, with the shorter tower housing offices of Stanbic Bank
Economy

Economy shows signs of slowing as mining activity pulls back

Business activity slowed in January, according to a survey of private sector purchasing managers
Two excavators at a mine
Economy

Economic activity gauge jumps as demand grows

A measure of private sector activity rose to a six-month high in December as an increase in demand led to a rise in new orders and output
An overhead view of Kikuubo, Kampala's busiest market
Economy

GDP grew 5.5% in third quarter, driven by output in the industrial sector

Industrial and agricultural sectors expanded at healthy pace compared to previous quarter, while services sector slowed down
Hima Cement's plant in Kasese, western Uganda
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