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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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South Sudan says it is ready to restart pumping oil through Sudan

South Sudan says it is ready to restart pumping oil through Sudan

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

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Convenience and Safety Through Cashless Payments Uganda’s digital economy transition is accelerated by MTN MoMo’s innovative approach. By collaborating with platforms like School Pay, MTN MoMo has created a seamless payments marketplace where parents can pay school fees from ho

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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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Makerere sets date for 75th graduation ceremony

Makerere sets date for 75th graduation ceremony

Makerere University has set January 13 to 17 next year to hold its 75th graduation ceremony.According to the 2024/25 academic timelines from the Academic Registrar’s office, seen by this publication, Prof Buyinza Mukadasi, said all colleges and schools are expected to display graduation li

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