• Editorial Policy
  • Privacy Policy
  • Who Are We
  • About
Saturday, July 19, 2025
  • Login
The Pearl Times
  • Home
  • News
    • National
    • Business
    • Sports
    • World
  • 2026 Elections
  • People
  • Featured
  • Viewsroom
  • PROSE & POETRY
  • Archives
No Result
View All Result
  • Home
  • News
    • National
    • Business
    • Sports
    • World
  • 2026 Elections
  • People
  • Featured
  • Viewsroom
  • PROSE & POETRY
  • Archives
No Result
View All Result
The Pearl Times
No Result
View All Result
Home News Business

Stanbic PMI: Uganda’s Private Sector Resilient Amidst Rising Costs

Output and new orders rise; Input costs and output charges hiked again; Employment growth sustained amid optimism in the outlook

Stanbic PMI: Uganda’s Private Sector Resilient Amidst Rising Costs

Christopher Legilisho-Economist at Stanbic Bank

Uganda’s private sector continues to thrive despite higher utility, rent, material, and staff costs, according to the latest Stanbic Purchasing Managers’ Index (PMI). The PMI dipped from 54.1 in May to 51.9 in June, indicating continued growth but at a slower pace.

“The private sector in Uganda is showing remarkable resilience in the face of rising costs,” said Christopher Legilisho, Economist at Stanbic Bank. “The strong demand conditions are driving output and employment growth, and businesses are optimistic about the future,” he added.

The survey found that output and new orders increased for the third consecutive month, driven by healthy consumer demand, referrals, and newly acquired clients. Companies also expanded their staffing levels for the fifteenth month in a row, with both part-time and full-time workers being hired to meet growing demand.

“The growth in output and new orders is a testament to the strength of the private sector in Uganda,” said Legilisho. “Despite the challenges posed by rising costs, businesses are confident about their future prospects and are investing in their operations to meet growing demand.”

The survey also found that input prices rose for the third consecutive month, driven by hikes in utility bills, rent, materials, and staff expenses. However, businesses were able to pass on some of these costs to consumers, with output prices also increasing.

“The rise in input prices is a concern for businesses, but they are managing to absorb some of these costs and pass on the rest to consumers,” said Legilisho. “This is a sign of the resilience of the private sector in Uganda and its ability to adapt to challenging conditions.”

Despite the challenges posed by rising costs, businesses in Uganda are optimistic about their prospects. The survey found that optimism about future output was broad-based across all five monitored sectors, with firms expecting stronger demand conditions and further growth in new business.

“The outlook for the private sector in Uganda is positive, with businesses expecting further growth in output and new orders,” said Legilisho. “This is a testament to the strength of the economy and the resilience of the private sector.”

(For comments on this report, story tips or sponsored content, send us a Whatsapp message on +256 705 690 819 or E-mail us on pearltimesug@gmail.com). 

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X

Related

Previous Post

SHOCKING REVELATION! Local Government Officials Gave PDM Money to Their Children, Friends after Altering Beneficiary Lists

Next Post

‘Global Warming is Real and the Window to Mitigate its Worst Effects is Small’

Pearl Times Reporter

Pearl Times Reporter

Latest Uganda news, politics, business, health and entertainment coverage.

Related Posts

SSEMBABULE ELECTION ROUNDUP: Ssekikubo Defeated by Gen Rwashande by Big Margin in Lwemiyaga
2026 Elections

SSEMBABULE ELECTION ROUNDUP: Ssekikubo Defeated by Gen Rwashande by Big Margin in Lwemiyaga

NRM Primaries 2025: Winners and Losers
2026 Elections

NRM Primaries 2025: Winners and Losers

LIST: Museveni Ministers Who Have Lost NRM Primaries 2025
2026 Elections

LIST: Museveni Ministers Who Have Lost NRM Primaries 2025

Famous TikToker Alicia Kanini Leaked Video: Netizens React
Media Buzz

Famous TikToker Alicia Kanini Leaked Video: Netizens React

Allow Women to Marry Multiple Husbands: Ugandans React as Dorah Muhanuuzi Pushes for Polyandry after Court Okayed Polygamy
National

Let Women Also Marry Multiple Men: Ugandans React as Dorah Muhanuuzi Pushes for Polyandry after Court Okayed Polygamy

LIST: See Names of Teachers, Non-Teaching Staff Who Have Landed Government Payroll Jobs for Elgon Seed Schools (Bugisu and Sebei) LIST: Names of Teachers, Non-Teaching Staff Shortlisted for Oral Interviews (Tooro Seed Schools) LIST: Over 3800 Teachers, Nurses, Other Teaching Staff Shortlisted for Tooro, Bunyoro Seed Schools’ Payroll Jobs. Aptitude Tests Next Week LIST: See Names of 4200 Teachers (Graduates) Shortlisted for Aptitude Tests for Government Payroll Jobs (Teso, Elgon, Karamoja, Bukedi Seed Schools)
Employment

LIST: See Names of Teachers, Non-Teaching Staff Who Have Landed Government Payroll Jobs for Elgon Seed Schools (Bugisu and Sebei)

Leave a Reply

Your email address will not be published. Required fields are marked *

Ad

Stay Connected

  • Trending
  • Comments
  • Latest
Archbishop Cyprian Lwanga accuses lawyers Ebert Byenkya, Julius Galisonga and Bainomugisha of pressurizing him over compensation money for church land in Entebbe and Nsambya.

Archbishop Lwanga Reports Top City Lawyers to Museveni Over Church Money

Minister claims mafia after her life over minerals row

Why Museveni is keenly Watching Companies Donating to Covid19 Fund

More Ugandan Covid patients recover but doctors’ allowances delay

Museveni, sacked EC secretary Sam Rwakoojo and NUP leader Bobi Wine

Were Top EC bosses fired over Bobi Wine NUP Party or Ballot Paper Printing scandal?

Watchman Ministries Pastor and Prophet Elvis Mbonye's anointed Joseph Kabuleta has announced his 2021 presidential bid.

Prophet Mbonye’s ‘Anointed’ Kabuleta declares 2021 presidential bid

Former Kampala deputy lord mayor Sarah Kanyike is one of the six dropped ministers appointed senior presidential advisors.

NEW CABINET: Museveni consoles Six DROPPED Ministers with Presidential advisor positions

PAYMENT ALERTS: Allowances for Gulu Sitting Deposited on MPs’ Bank Accounts. See How Much

PAYMENT ALERTS: Allowances for Gulu Sitting Deposited on MPs’ Bank Accounts. See How Much

SSEMBABULE ELECTION ROUNDUP: Ssekikubo Defeated by Gen Rwashande by Big Margin in Lwemiyaga

SSEMBABULE ELECTION ROUNDUP: Ssekikubo Defeated by Gen Rwashande by Big Margin in Lwemiyaga

NRM Primaries 2025: Winners and Losers

NRM Primaries 2025: Winners and Losers

LIST: Museveni Ministers Who Have Lost NRM Primaries 2025

LIST: Museveni Ministers Who Have Lost NRM Primaries 2025

Famous TikToker Alicia Kanini Leaked Video: Netizens React

Famous TikToker Alicia Kanini Leaked Video: Netizens React

Recent News

SSEMBABULE ELECTION ROUNDUP: Ssekikubo Defeated by Gen Rwashande by Big Margin in Lwemiyaga

SSEMBABULE ELECTION ROUNDUP: Ssekikubo Defeated by Gen Rwashande by Big Margin in Lwemiyaga

NRM Primaries 2025: Winners and Losers

NRM Primaries 2025: Winners and Losers

LIST: Museveni Ministers Who Have Lost NRM Primaries 2025

LIST: Museveni Ministers Who Have Lost NRM Primaries 2025

Famous TikToker Alicia Kanini Leaked Video: Netizens React

Famous TikToker Alicia Kanini Leaked Video: Netizens React

ADVERTISEMENT

Ad

The Pearl Times

The Pearl Times Is an online media publication for news and analysis from Uganda, the Greatest lakes Region and the world. The Pearl Times is your trusted source of news and analysis from Uganda and the rest of the world in the beats of politics, business, entertainment, technology, education and health.

Follow Us

Popular Posts

  • Full Salary Structure for 2025-2026 Financial Year: See How Much Each Government Employee Earns Monthly We Want Money, Not Stories! Arts Teachers Insist after Public Service Minister Promised Salary Increment in 2026 Full Salary Structure for 2024-2025 Financial Year: See How Much Each Government Employee Earns Monthly Government Lifts Freeze on Recruitment of Public Servants

    Full Salary Structure for 2025-2026 Financial Year: See How Much Each Government Employee Earns Monthly

    0 shares
    Share 0 Tweet 0
  • Uganda Police and Prisons New Salary Structure 2025-2026: See Who Earns How Much Every Month

    0 shares
    Share 0 Tweet 0
  • NRM Primaries 2025: Winners and Losers

    0 shares
    Share 0 Tweet 0

Recent News

SSEMBABULE ELECTION ROUNDUP: Ssekikubo Defeated by Gen Rwashande by Big Margin in Lwemiyaga

SSEMBABULE ELECTION ROUNDUP: Ssekikubo Defeated by Gen Rwashande by Big Margin in Lwemiyaga

NRM Primaries 2025: Winners and Losers

NRM Primaries 2025: Winners and Losers

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 - The Pearl Times by The Pearl Times.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!
No Result
View All Result
  • Home
  • News
    • National
    • Business
    • Sports
    • World
  • 2026 Elections
  • People
  • Featured
  • Viewsroom
  • PROSE & POETRY
  • Archives

© 2024 - The Pearl Times by The Pearl Times.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.