Uganda’s business confidence rises on services sector optimism

General view of the capital city of Kampala, Uganda. 

Photo credit: Reuters

Uganda’s business confidence index slightly improved during the last quarter of 2024/25 on account of a positive commercial outlook in the services sector despite negative sentiments in the manufacturing and agricultural sectors.

Latest data compiled by the Economic Policy Research Centre (EPRC) shows the overall business climate index rose from 88.8 points between January and March to 92.5 points between April and June, a reflection of tough economic conditions.