Private sector ends 2025 with high hopes for further expansion in 2026
Following a ten-month period of job creation, Ugandan companies saw a broad stagnation in employment levels and higher input costs during December, nonetheless driven by other factors, the monthly Stanbic Purchasing Managers Index (PMI) rose slightly to 54.0 compared to the 53.8 recorded for November 2025. Readings above 50.0 signal
Positive customer demand props up business conditions in May
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 positive outlook. Christopher Legilisho, Economist at Stanbic
