COVID-19 causes big drop in business confidence in Uganda – Survey

Business confidence in the country has fallen sharply for the first time since January 2017 as companies come to terms with Coronavirus (COVID -19) wave, a survey has shown. The Purchase Managers Index (PMI) for March 2020, a survey published by Stanbic bank and mainly talks to owners of businesses show that confidence fell to 43 points, regarded as poor.…

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