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Fugitive with UGX 65 Million in Fake Money Disappears at Jinja Bridge

Fugitive with UGX 65 Million in Fake Money Disappears at Jinja Bridge

(Jinja) – Uganda Revenue Authority (URA) officials have once again shown their unmatched talent for sniffing out dodgy dealings at the Jinja Nile Bridge checkpoint. But in typical Ugandan fashion, the plot comes with a twist that would make any seasoned Kampala boda boda rider proud. This time, th

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Insurance Market Impact of Hurricane Francine in Louisiana Explained

Insurance Market Impact of Hurricane Francine in Louisiana Explained

Governor Jeff Landry has confirmed the approval of a major disaster declaration for Louisiana by the White House. This declaration will provide federal assistance for various recovery efforts in the aftermath of Hurricane Francine, including temporary housing, home repairs, and low-cost loans to aid

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Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs

Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs

"Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs "Chipotle, the popular Mexican fast-food chain, is taking a significant step to address customer complaints about inconsistent food portions and rising costs. The company is now testing innovative robots at sel

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Time Magazine Names Standard Bank Among World’s Best Companies

Time Magazine Names Standard Bank Among World’s Best Companies

Kampala, Uganda – Stanbic Uganda’s mother company—Standard Bank Group, which is also Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisat

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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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Mali says capital under control after insurgent attack

Mali says capital under control after insurgent attack

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

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