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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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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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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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Tourism sites in north left with no sights and sounds

Tourism sites in north left with no sights and sounds

Members of Parliament from northern Uganda have tasked the government to fast-track the gazettement and development of key monuments and cultural heritage sites as an ingredient to spur the economic development of the region.

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New Bunyoro Kingdom cabinet sworn in amid leadership dispute

New Bunyoro Kingdom cabinet sworn in amid leadership dispute

The newly appointed Prime Minister of Bunyoro Kitara Kingdom, Dr Kasirivu Baltazar Atwooki, along with his cabinet, was officially sworn in today, marking a significant transition in the Kingdom's leadership. The ceremony, held at the residence of Chief Prince (

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Good gesture for CID, DPP to work together

Good gesture for CID, DPP to work together

A fortnight ago, the offices of the Criminal Investigations Directorate (CID) and the Director of Public Prosecutions (DPP) held their first-ever coordination meeting. This was in a bid to have more successful court convictions when prosecuting criminal cases ar

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Biden to make first Africa visit with Angola trip in coming weeks, sources say

Biden to make first Africa visit with Angola trip in coming weeks, sources say

President Joe Biden is planning a trip to Angola in coming weeks, fulfilling an earlier promise that would make him the first U.S. head of state to visit sub-Saharan Africa since Barack Obama in 2015, three sources familiar with the plans said. 

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