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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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Magistrate halts session to fundraise for defiled toddler

Magistrate halts session to fundraise for defiled toddler

Kayunga Grade One Magistrate Faridah Ikimaana on September 16 halted court proceedings in a defilement case of a two-year-old and started a fundraising campaign to raise the medical fees. This was after the victim of the aggravated defilement (name withheld) had started passing stool fro

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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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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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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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