Posted inEconomics

August output rises despite higher charges for electricity and water, Stanbic survey shows

The monthly Stanbic Purchasing Managers’ Index (PMI) dipped slightly during August to 51.6, down from 53.9 recorded in July as businesses took in the implications of the World Bank suspension of further loans to Uganda. However, optimism remains high due to the steady trend of new orders. August saw a further expansion in output, the […]

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