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Uganda’s Business Conditions Reach Highest Level In Two Years As Selling Prices Increase Again In May » Business Focus

Summary by Business Focus
Mumba Kalifungwa (R), Stanbic Bank Chief Executive shaking hands with Ronald Makata, bank’s Chief Finance Officer, looking on is Tich Makonese, the Stanbic Head Bancassurance Uganda’s private sector confidence about business conditions reached its highest level in almost two years, as the headline Stanbic Bank Purchasing Managers’ Index (PMI) for May reached 56.4, rising from 55.3 recorded in April. This is well above the 50.0 threshold for a po…
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Business Focus broke the news in on Thursday, June 19, 2025.
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