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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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Museveni steps in to resolve sugarcane price disputes

Museveni steps in to resolve sugarcane price disputes

President Yoweri Museveni has stepped in to address the ongoing conflict between sugar millers and sugarcane outgrowers over the fluctuation in sugarcane prices. This intervention comes after prolonged disagreements about the pricing of raw cane. Mr Museveni’s intervention is contained

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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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Concerns mount over Senegal fiscal shortfalls ahead of election

Concerns mount over Senegal fiscal shortfalls ahead of election

Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17 parliamentary elections, analysts say. President Bassirou Diomaye Faye, just five months into the job, set the stage

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PRIMECheptegei death: A case of prey men eyeing star women

PRIMECheptegei death: A case of prey men eyeing star women

Before the September 14 burial of Ugandan athlete Rebecca Cheptegei at her ancestral home in Bukwo District in Eastern Uganda, pleas were being made for some kind of desperate implementation to end Gender-Based Violence (GBV) being directed towards successful female athletes. Cheptegei,

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Kenyan athlete found dead in training base

Kenyan athlete found dead in training base

The athletics fraternity has once again been thrown into mourning after an athlete collapsed and died at his training base in Kaptagat, Elgeyo Marakwet County. Willy Chelawa, an upcoming athlete who competed in the Nairobi City Half Marathon where he emerged 65th, was found dead by his t

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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

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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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Court to decide on fate of 80 affected families in crude oil pipeline dispute

Court to decide on fate of 80 affected families in crude oil pipeline dispute

The High Court in Masaka has scheduled September 27 to deliver a ruling on a case concerning the eviction of over 80 residents to facilitate the construction of the crude oil pipeline project. The case is being heard by Masaka High Court resident judge Lawrence Tweyanze. The Attorney

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