The Private Sector Budget Review Dialogue has raised concerns about policy bottlenecks affecting Uganda's economic growth. Industry leaders argue that high operating costs and regulatory challenges hinder competitiveness, which is crucial for achieving the country's ambitious growth targets. They emphasize that enhancing business conditions may be as vital as increasing revenue mobilization to support Uganda's tenfold growth agenda.

Uganda is spearheading the CONNECT-VAS project, which aims to enhance vaccine research and manufacturing across four African countries. The initiative seeks to build stronger vaccine systems and reduce reliance on imports. This was discussed during an inception meeting held in Kampala on June 11, attended by scientists, policymakers, regulators, and development partners.

In April, Uganda's private sector showed increased activity, with the headline purchasing managers' index rising to 55, its highest in five months, according to the Bank of Uganda's business tendency survey. Financial services experienced their strongest growth ever, indicating strong confidence in the sector, despite ongoing fuel-driven cost pressures. However, the survey also suggested that the underlying momentum may be losing some of its earlier strength.

Uganda Clays Limited reported a net profit of Shs142 million ($39,453) for the year ending December 2025, marking a recovery from a loss of Shs4.9 billion in 2024. This turnaround is attributed to improved efficiency and lower production costs, despite increased finance costs. The company faced operational disruptions and high costs in previous years, but revenue increased by 10% during this period, according to Uganda Business News.

Uganda's digital retail sector is experiencing a shift towards 'quick commerce,' which aims to deliver groceries and essentials within 30 to 60 minutes. However, industry players highlight that this growth is challenged by ongoing issues related to digital infrastructure and retail preparedness. The Vice President of Quick Commerce discussed these developments in the context of the evolving market.

As fuel prices rise, transport operators in Uganda are focusing on technological upgrades for efficiency. New-generation commercial trucks are being introduced, which promise reduced fuel consumption and longer service intervals. Additionally, these advancements include a pathway towards electric freight transport, as manufacturers prepare to launch electric trucks in the market.