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Poor legacy assets drag down PIC unlisted investment impairments

Poor legacy assets drag down PIC unlisted investment impairments

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

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Man Murdered, Body Found Decomposing On The Roadside With Dead Pig Parked In A Green Sack

Man Murdered, Body Found Decomposing On The Roadside With Dead Pig Parked In A Green Sack

Buikwe District residents were left shocked after a suspected mob killing was reported in Kafumbe village, Bbibo parish, Kawolo sub-county, Lugazi municipality. According to the territorial police, the incident is believed to have occurred during the night of December 5, 2025, though the exact ti

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Malawi launches twice-yearly HIV jab

Malawi launches twice-yearly HIV jab

Malawi yesterday launched Lenacapavir, a twice-yearly injectable HIV prevention medicine amid reflections on whether the country can sustainably finance emerging technologies in the face of waning donor support.Pharmacy and Medicines Regulatory Authority (PMRA) and National Aids Commission

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Besigye Moves to Halt Treason Trial Over Constitutional Petition

Besigye Moves to Halt Treason Trial Over Constitutional Petition

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

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Over 120,000 home cameras hacked for 'sexploitation' footage

Over 120,000 home cameras hacked for 'sexploitation' footage

Four people have been arrested in South Korea for allegedly hacking over 120,000 video cameras in homes and businesses and using the footage to make sexually exploitative materials for an overseas website.Police announced the arrests on Sunday, saying the accused exploited

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Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment

Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment

Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investmentlokmattimes.com55minNew Delhi, Nov 25 The Ministry of Coal on Wednesday successfully completed the auction of three coal blocks ...Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore

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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate

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Gold dips as dollar firms, investors weigh U.S. rate cut bets

Gold dips as dollar firms, investors weigh U.S. rate cut bets

Gold dips as dollar firms, investors weigh U.S. rate cut betscnbc.com25minNOVOSIBIRSK, RUSSIA - SEPTEMBER 15: A worker shows granules of gold at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on September 15, 202

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Eberechi Eze's hat-trick helps Arsenal hammer Tottenham Hotspur in North London derby

Eberechi Eze's hat-trick helps Arsenal hammer Tottenham Hotspur in North London derby

Reader modeEberechi Eze's hat-trick helps Arsenal hammer Tottenham Hotspur in North London derbyhindustantimes.com3hEberechi Eze showed Tottenham what they missed out on with a brilliant hat-trick in a 4-1 north London derbyArsenal's Eberechi Eze walks off the p

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Zimbabwe approves breakthrough HIV prevention injection

Zimbabwe approves breakthrough HIV prevention injection

THE Medicines Control Authority of Zimbabwe (MCAZ) has approved a new long-acting medicine, Lenacapavir, to help prevent HIV infection.Lenacapavir, is used for pre-exposure prophylaxis (PrEP) in adults and adolescents who weigh at least 35kg.It is for people who are HIV-negative but

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