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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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Ankole uses marathon to stop HIV in its tracks

Ankole uses marathon to stop HIV in its tracks

Ankole residents have turned to a marathon to combat the high HIV prevalence in the sub-region. According to the Uganda Aids Commission’s (UAC) 2024 report, 10 of the 13 districts in Ankole have higher HIV prevalence rates than the national average of 5.1 percent. Mbarara City leads wi

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PRIMEUganda’s debt remains sustainable, says IMF

PRIMEUganda’s debt remains sustainable, says IMF

The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the country in a better position for development. “The macroeconomic environment is not without challenges, with high

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Kyabazinga pledges next decade to climate action, development

Kyabazinga pledges next decade to climate action, development

The Kyabazinga (King) of Busoga, His Royal Highness William Nadiope IV, has dedicated the next 10 years of his reign to climate change mitigation and education. The 35-year-old monarch, while celebrating his 10th coronation anniversary at Bukungu Primary School in Buyende District last F

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PRIMENation left guessing on new Central Bank Governor for 970 days

PRIMENation left guessing on new Central Bank Governor for 970 days

The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said.  The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi

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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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Decades-Old Scandal: French Catholic Church Acknowledges Knowledge of Abbe Pierre's Alleged Abuse

Decades-Old Scandal: French Catholic Church Acknowledges Knowledge of Abbe Pierre's Alleged Abuse

France's Catholic Church has publicly acknowledged that it was aware of the alleged abuse committed by Abbe Pierre seven decades ago. This revelation comes as workers removed a statue of the late French charity icon from its pedestal in a small village in eastern France, symbolizing his fall from gr

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UNT Health Science Center Halts Use of Unclaimed Bodies After Investigation

UNT Health Science Center Halts Use of Unclaimed Bodies After Investigation

The University of North Texas Health Science Center made a significant decision to cease accepting unclaimed bodies after an NBC News investigation uncovered alarming practices within the program. Sylvia Trent-Adams, the center's president, revealed this development in an email to students, faculty

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