How does the increase in the transport and distribution costs, because of the global oil price changes, affect Ugandan businesses?
Business Climate Index (BCI) improved by twenty-eight index points to 86.22 but remained below the full potential. The immense improvement is attributed to the onset of the Christmas season coupled with business-related factors such as improved demand for goods, access to regional markets and international markets, and improvements in internal business operations.
The improvement was primarily driven by the advancement in the business perceptions in the manufacturing sector. The favourable sentiments in the manufacturing sector are attributed to the improvement in the business environment, increased profits, availability of skilled labour force, better product prices and reduced input costs.
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| How does the increase in the transport and distribution costs, because of the global oil price changes, affect Ugandan businesses?.pdf | Download |
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- Published Apr 10, 2022