Private sector

Entrance to the personal banking section of a bank

Private sector picks up pace in April despite fuel-driven cost pressures

Uganda's private sector expanded for a 15th month as the PMI rose to 55, though rising fuel costs and a declining BTI weighed on firms

An aerial view of a bright green Evergreen shipping container being transported on a red automated guided vehicle across a paved port terminal.

Purchasing Managers’ Index

Fuel costs temper steady private-sector expansion at quarter-end

Uganda’s PMI rose to 54.3 in March while BTI eased, as fuel costs and weak construction tempered momentum

High-angle view of an expansive industrial warehouse showing systematic stock accumulation in yellow bins and tiered racking.

Business conditions strengthen in February

The Stanbic Bank Uganda PMI jumped to 54.2 in February as output, employment, and new orders all rose across monitored sectors

A polling station at an unknown location in Uganda

Private sector extends growth streak to a year

Uganda's PMI reading of 52.6 extended the private sector's growth streak to a year, despite some disruption from the election period

A flatbed lorry loaded with stacks of cement bags on a street in Jinja, Uganda.

Private sector growth gains momentum at year-end

Business conditions in Uganda’s private sector strengthened at the close of 2025, with growth edging higher in December according to the latest survey of purchasing managers

A high view of a large storage area with various racks and containers

Private sector growth accelerates in November

Business conditions in Uganda's private sector strengthened in November, with growth accelerating for the second time in three months, according to a closely watched survey

Various currency notes of African countries are seen in this photo

Stronger currencies ease inflation pressures across sub-Saharan Africa

Strong currencies have helped curb inflation in several sub-Saharan African countries, giving central banks room to ease interest rates and stimulate business activity

Downtown Kampala, where wholesale and retail trade are the dominant economic activities, close to the Old Taxi Park and St Balikuddembe Market

Business conditions improve for first time in four months

September PMI data shows Uganda’s private sector strengthened for the first time in four months

Street scene outside a luggage shop in downtown Kampala

Private sector activity slows in August

Business activity in Uganda's private sector continued to expand in August, albeit at a slower pace, according to the latest purchasing managers’ index produced by S&P Global

More Private sector

26 April 2017

Private sector activity improves in March, new Stanbic survey shows

Business activity picked up in March, with the index coming in at 53.5 from 50.9 in February, the purchasing managers' survey showed. This indicated a further improvement in business conditions in the private sector during the month.

29 July 2016

Tax authority catches a cold as Uganda economy sneezes

Uganda Revenue Authority missed its tax collection revenue by Shs404.54 billion in the 2015/2016 financial year that ended in June, putting a number to the extent of the slowing economy.