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Perceptions of Ugandan Business Executives on the Current and Expected Business Economic Conditions

"The BCI reflects the perceptions of Ugandan business executives on the current and expected business economic conditions. The BCI is intended to be an indicator of economic activity, to supplement official statistics. The major advantage of the BC…

Above Normal Rainfall Dampen Business Climate Environment; Future Outlook Remains Subdued

The Business Climate Index (BCI) slightly improved by four percentage points from 100.8 in the previous quarter (July-September 2019) to 104.9 in the current quarter (October-December 2019). The slight improvement was largely driven by improvement i…

Recovery in the Manufacturing Sector Improves the Business Climate; but Future Outlook Remains Downcast

The Business Climate Index (BCI) slightly improved from 100.3 in the previous quarter (April-June 2019) to 100.8 in the current quarter (July-September 2019). The slight improvement was largely driven by improvement in business perceptions in the ma…

Disruptions from Elections and COVID-19 Pandemic affect Business Environment

The Business Climate Index (BCI) decreased by 16.9 basis points from 53.4 in the previous quarter (July-September 2020) to 36.5 in the current quarter (October-December 2020). The business environment’s negative sentiments were primarily driven by s…

The Plight of Micro Small and Medium Enterprises amidst COVID-19: A Post Lockdown Analysis Based on Business Climate Survey

The COVID-19 outbreak and the subsequent containment measures have had devastating effects on Uganda’s businesses resulting in the economy’s general slowdown. Despite the macro-level impacts, evidence at a micro-level, especially regarding the post …

Ugandan Manufacturing Sector Performance Declines as Future Business Outlook Further Dampens

The Business Climate Index (BCI) remained below potential for the fifth consecutive quarter since the first quarter of 2020. Nonetheless, business perceptions in the current quarter (January-March 2021) improved slightly by 19 basis points from 37 i…

Closure of the Rwanda Uganda Border and the Delay in Seasonal Rainfall Affects the Business Climate

The Business Climate Index (BCI) declined by more than eleven basis points from 107.02 in the previous quarter (October-December 2018) to 95.61 in the current quarter (January-March 2019). The above changes were largely driven by deterioration in pe…

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