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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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Liverpool willing to pay £88 million to sign defensive “leader” to replace Konaté

Liverpool willing to pay £88 million to sign defensive “leader” to replace Konaté

Liverpool’s slump this season shows no signs of letting up.After lifting the Premier League title last year in Arne Slot’s first season, the Reds began 2025/26 strongly — but recent results have been alarming.The Merseyside club have lost seven of their last 10 matches across

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Bushenyi Woman MP candidate survives panga attack

Bushenyi Woman MP candidate survives panga attack

Bushenyi District Woman MP candidate Vianah Kemigisha Kashaya is nursing injuries after surviving an attack by panga-wielding assailants on Friday night.Kemigisha, who is contesting as an independent candidate, said she was ambushed by about six men as she arrived home around 1 am at her g

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South Sudan’s Nairobi embassy closes due to unpaid

South Sudan’s Nairobi embassy closes due to unpaid

South Sudanese diplomatic staff say their country’s embassy in Nairobi has been closed due to the government’s failure to pay rent for several months.Speaking to Radio Tamazuj on Saturday on condition of anonymity, several embassy staff confirmed that South Sudan’s embassy in Kenya w

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What your sweat says about your well-being: 5 key signs to look out for

What your sweat says about your well-being: 5 key signs to look out for

What your sweat says about your well-being: 5 key signs to look out forSweat. It’s that natural bodily function we all experience, especially when pushing our limits, feeling the heat, or just plain stressed out. But did you know that your sweat can actually tell you a lot about your h

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Stop Intimidating Striking Teachers- LoP Ssenyonyi Warns Govt

Stop Intimidating Striking Teachers- LoP Ssenyonyi Warns Govt

The Leader of the Opposition, Joel Ssenyonyi, has urged government officials to stop threatening to arrest humanities teachers who are currently staging a sit-down strike.Teachers of humanities in parts of the country have downed tools over what they say is salary discrepancies.This

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Inside Uganda’s Cybercrime Battle: How Sophisticated Syndicates Are Draining Billions

Inside Uganda’s Cybercrime Battle: How Sophisticated Syndicates Are Draining Billions

At the VISA-Uganda Bankers Association (UBA) Cybersecurity Summit 2025 held on August 20, 2025, at the Sheraton Hotel in Kampala, the Criminal Investigations Directorate (CID) delivered a sobering revelation: cybercrime is no longer a distant threat but a sophis

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Three in Four Ugandans Say Corruption is ‘Severe’

Three in Four Ugandans Say Corruption is ‘Severe’

A growing majority of Ugandans believe corruption has reached alarming levels, with 74% describing it as either “very severe” or “extremely severe,” according to a new factsheet by Twaweza based on its 2024 Sauti za Wananchi survey.Only 11% of respondents consider corruption “not

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Urgent Action needed to Curb toxic Vehicle Emissions in Uganda, Warns Study

Urgent Action needed to Curb toxic Vehicle Emissions in Uganda, Warns Study

Urgent and targeted action is needed to tackle Kampala’s alarming vehicle emissions problem, a new report has revealed.The study, conducted by The Real Urban Emissions (TRUE) Initiative in collaboration with the United Nations Environment Programme (UNEP), has provided the first-ever rea

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