Category: Business

PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

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PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

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How more conferences will boost our economy

How more conferences will boost our economy

Briefly tell us about yourself.I have been the chief executive officer of Uganda Hotel Owners Association (UHOA) for the last eight years. I started as the first female CEO of this association. When I took over, I was the youngest person to hold this position.We started the association with

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Uganda-Kenyan border villages fuel new FGM

Uganda-Kenyan border villages fuel new FGM

Uganda – Kenya border villages in Karamoja and Sebei Sub-regions are still the hotspots where girls and women are being mutilated, Monitor has learnt. The Female Genital Mutilation (FGM) point focal person for Moroto District, Mr Moses Loru King, said cases of FGM at border villages h

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South Sudan says it is ready to restart pumping oil through Sudan

South Sudan says it is ready to restart pumping oil through Sudan

South Sudan and Sudan have made progress towards restarting the pumping of South Sudan's crude oil through a pipeline running to a port in its neighbour, South Sudan's finance minister and the president's office said. WHY IT'S IMPORTANT The exports are a crucial source of revenue for

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Convenience and Safety Through Cashless Payments Uganda’s digital economy transition is accelerated by MTN MoMo’s innovative approach. By collaborating with platforms like School Pay, MTN MoMo has created a seamless payments marketplace where parents can pay school fees from ho

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Outrage as Multichoice increases subscription fees again

Outrage as Multichoice increases subscription fees again

There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium content’s pricing  for DStv and GOtv once again as it struggles to balance its costs with the fast-shrinking market. The price increments average 3

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Coca-Cola and Bacardi Join Forces to Bring Rum and Coke in a Can in 2025

Coca-Cola and Bacardi Join Forces to Bring Rum and Coke in a Can in 2025

For many, it's a flavor of college parties or perhaps a favorite beach cocktail. Now global brands Coca-Cola and Bacardi are teaming up to make rum and Coke in a can.The Atlanta-based beverage giant is plowing deeper into the market for canned cocktails, announcing Bacardi Mixed with Coca-Cola

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Aga Khan foundation launches urban micro-forests campaign

Aga Khan foundation launches urban micro-forests campaign

The Aga Khan Development Foundation (AKDF) Uganda launched its Micro-Forests Project at Nakasero Primary School on Tuesday, as part of the broader East Africa Climate Resilience Initiative 2024.Speaking at the lau

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Tanzania to expand natural gas exports to neighboring countries

Tanzania to expand natural gas exports to neighboring countries

Tanzania is advancing plans to expand its natural gas exports to neighbouring countries, including Uganda, Kenya, the Democratic Republic of the Congo (DRC), and Zambia, as it continues its ambition to become a regional cooking energy powerhouse.

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