Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv
Chinese woman marries soldier who rescued her from earthquake debris when she was 11A Chinese woman married the soldier who rescued her during the earthquake after the two unexpectedly reunited years later. A Chinese woman who was rescued as a child from the debris of the devastating Wenchuan ear
Uganda Cranes head coach Paul Put has named a 30-man provisional squad ahead of the 2025 Africa Cup of Nations, which kicks off later this month in Morocco.The team includes nine players from the Uganda Premier League, among them Vipers SC midfielder Allan Okello, who returns to the fold a
The controversy surrounding the cancellation of the certificate of title for Kibuga Block 28 Plot 540 (worth billions of shillings) at Makerere which belongs to an 82-year-old, wheelchair-bound lady has taken a new twist. It has been established that the defiance of the Commissioner for Land Regi
The prosecution further alleges that Besigye sought surface-to-air missiles, ricin poison, counterfeit currency, and planned to use drone technology to assassinate President Yoweri Museveni. The state claims it has audio and video recordings, social media messages, immigration documents, and phon
MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market
Singapore hanged three people for drug offences last week, bringing the total number of executions to 17 this year - the highest since 2003.These come a week before a constitutional challenge against the death penalty for drug offences is due to be heard.Singapore h
The Embassy of the Republic of Uganda in Doha successfully hosted the 2025 Uganda–Qatar Diaspora Convention on November 28, drawing hundreds of Ugandan migrant workers, diaspora leaders, government officials, and private-sector partners for a full day of engagement and empowerment.The Co
A nerve wrecking road traffic accident claimed the lives of four young students early Wednesday morning in Uganda’s North West Nile Region, highlighting ongoing concerns over reckless driving and road safety amid ongoing construction.The fatal crash occurred at approximately 07:10 hours
Mogadishu (HOL) — Uganda has stopped granting refugee status to asylum seekers from Somalia, Eritrea and Ethiopia, saying those countries are no longer considered to have active armed conflicts and that dwindling donor funding has made it difficult to support new arrivals.Uganda’s Mini
