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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

Ultimate Uganda

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

Ultimate Uganda

Suspected Trump assassination plotter has criminal history, ties to Ukraine war

Suspected Trump assassination plotter has criminal history, ties to Ukraine war

The erratic life of a struggling roofing contractor suspected of trying to shoot Donald Trump swerved from bounced checks to a gun felony conviction and a quixotic plan to help Ukraine fight Russia's invasion, before culminating in what appears to be a foiled assassination plot. Ryan Rou

Ultimate Uganda

Magistrate halts session to fundraise for defiled toddler

Magistrate halts session to fundraise for defiled toddler

Kayunga Grade One Magistrate Faridah Ikimaana on September 16 halted court proceedings in a defilement case of a two-year-old and started a fundraising campaign to raise the medical fees. This was after the victim of the aggravated defilement (name withheld) had started passing stool fro

Ultimate Uganda

NMG introduces special desk for climate change

NMG introduces special desk for climate change

The year 2023 was confirmed as the warmest on record, with the average global temperature reaching 1.45°C, according to a World Meteorological Organisation (WMO) report.  This alarming increase in global warming is largely attributed to human-induced climate change, further exacerbated

Ultimate Uganda

Election observers ask govt to expedite law against commercialisation of politics

Election observers ask govt to expedite law against commercialisation of politics

A section of election observers in Uganda has asked the government to speed up the process of coming up with a law regulating the commercialization of politics as the 2025/ 2026 general elections draw closer. The executive director of Alliance for Finance Monitoring (ACFIM), Mr Henry Mug

Ultimate Uganda

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

Ultimate Uganda

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

Ultimate Uganda

Janet to referee polls after dramatic NCHE power play

Janet to referee polls after dramatic NCHE power play

The Minister of Education and Sports, Ms Janet Museveni, has summoned vice-chancellors and senates of all public universities at State House to elect their representatives to the National Council for Higher Education (NCHE) on September 17. According to a letter written to the VC of one

Ultimate Uganda

Kadaga reveals assassination attempts on her life

Kadaga reveals assassination attempts on her life

The first Deputy Premier Rebecca Kadaga, who also serves as the Kamuli District Woman MP, has hinted at a plot by an individual working with the government to end her life. She revealed this during her annual giveback event for the elderly where she provides them with a platform to voice th

Ultimate Uganda