Gov’t posts Shs517b surplus as revenues beat targets
Uganda’s economy closed the 2025/26 financial year on a strong note, with Government registering a fiscal surplus of Shs517.07 billion in June, reversing earlier projections of a deficit and underscoring improved revenue performance. According to the latest report released by the Ministry of Finance, Planning and Economic Development, the surplus
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
