Economic activity

Economy

Stanbic Uganda November PMI rises to four-month high

Closely watched measure of private sector health rose for thirteenth straight month on stronger customer demand
Downtown Kampala, where wholesale and retail trade are the dominant economic activities, close to the Old Taxi Park and St Balikuddembe Market
Economy

Private sector activity slowed in October, PMI shows

Business activity in Uganda's private sector slowed in October as the services, wholesale and retail sectors reported declines, according to a closely watched survey
An overhead view of Kikuubo, Kampala's busiest market
Economy

Economic growth climbs to four-year high

Uganda's economy grew by 5.2 per cent in the twelve months to June, according to unadjusted Ubos estimates, which is still below pre-coronavirus pandemic levels
Downtown Kampala, where wholesale and retail trade are the dominant economic activities, close to the Old Taxi Park and St Balikuddembe Market
Economy

Private sector lending rises to six-month high in August

Credit to Uganda's private sector rose to a six-month high in August as the economy continued a slow but steady recovery path, the central bank said on Tuesday ahead of its policy rate meeting
Entrance to the personal banking section of a bank
Economy

Private sector activity edged higher in September

A key gauge of activity in Uganda's private sector edged up in September, after slowing in August, as agriculture swung to an expansion to ensure that all the five sectors covered by the survey improved
Economy

Economy surges in second quarter

GDP growth picked up strongly in the second quarter of the year due to increased activity in the mining and quarrying sub-sector and the services sector
An inland oil rig
Economy

Loan growth weak in July

Loan growth at commercial banks was muted in July, underscoring the central bank's decision to ease monetary policy last month as it tries to boost economic growth
A retail shopping centre in downtown Kampala, Uganda
Economy

Growth in business activity slowed in August, Stanbic PMI shows

Stanbic Bank Uganda's purchasing managers' index receded for the third straight month in August as rising financial pressures stifled demand
An industrial storage area
Economy

Economic growth solid in Q4 2021

Uganda's economy ended 2021 on a high note, its continued expansion in the fourth quarter marking four consecutive quarters of growth and a rebound in full-year growth
Economy

Inflationary pressures persist as business activity hits 9-month high in February

Private sector activity expanded in February, accelerating the most in nine months after the phased removal of pandemic restrictions, but a rise in input and labour costs saw companies raise output prices yet again
A retail shopping centre in downtown Kampala, Uganda
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