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
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
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
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
Mali said on Tuesday that the capital Bamako was under control after insurgents attacked a gendarmerie training school and other areas before dawn, firing gunshots that reverberated around the city. "Early this morning, a group of terrorists attempted to infiltrate the Faladie gendarmeri
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
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
The Uganda Muslim Supreme Council (UMSC) in Jinja City has escalated its land dispute with Jinja Regional Referral Hospital to President Yoweri Museveni. The contested land, located at Plots 31-39, Nile Avenue, has been under a security order barring both parties from accessing it while
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
Zimbabwe plans to cull 200 elephants to feed communities facing acute hunger after the worst drought in four decades, wildlife authorities said on Tuesday.The El Nino-induced drought wiped out crops in southern Africa, impacting 68 million people and causing food shortages across the region.
