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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

Ultimate Uganda

Electoral Commission Advertises Presiding Officer, Polling Assistant Jobs

Electoral Commission Advertises Presiding Officer, Polling Assistant Jobs

The Commission invites applications for Presiding Officers and Polling Assistants to serve at polling stations across the country. Applicants must be registered voters, of high moral character and integrity, and preferably residents of the respective polling areas. Experience in election-related

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Appointment of New Court Martial Paves Way for Trial of Gen Birungi

Appointment of New Court Martial Paves Way for Trial of Gen Birungi

President Museveni has appointed a new leadership of the General Court Martial, clearing the final administrative hurdle for the long-awaited prosecution of former military intelligence chief Major General James Birungi, who has been detained since August on charges that include treason, terroris

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Judge: URA Wrongfully Fired David Kalemera Despite Evidence of Tax Scheme

Judge: URA Wrongfully Fired David Kalemera Despite Evidence of Tax Scheme

Uganda’s Industrial Court has ruled that the Uganda Revenue Authority (URA) unlawfully dismissed former customs officer David Kalemera, awarding him about 51 million shillings, even as the judgment lays out extensive internal audit findings that link him to a major tax-evasion and transit-diver

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Museveni consoles former IGG Beti Kamya with Presidential Advisor role

Museveni consoles former IGG Beti Kamya with Presidential Advisor role

Former IGG Beti Kamya has been appointed by President Museveni as his advisor on general duties.Kampala, Uganda: President Yoweri Museveni has appointed former Inspector General of Government (IGG) Beti Olive Namisango Kamya as his advisor on general duties, barely a month after she exited

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Bill Goldberg Accused Of Skipping Private WrestleFest Signing

Bill Goldberg Accused Of Skipping Private WrestleFest Signing

WWE Hall of Famer Bill Goldberg allegedly no-showed a private signing for K&S WrestleFest. On Facebook, WrestleFest claimed that while Goldberg took part in a signing with another vendor at the same event, he walked past them and left the venue when it was time to appear for them.Unfor

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New roadmap to drive growth and transformation in agriculture

New roadmap to drive growth and transformation in agriculture

A Science, Technology and Innovation Roadmap for Agriculture, being developed by the Department of Science, Technology and Innovation in partnership with the Food and Agriculture Organization of the United Nations, is expected to be completed by end-September 2026.New roadmap to drive grow

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Kenan Yildiz on the move? Juventus fail to convince young star to sign contract extension in transfer boost for Arsenal, Chelsea and Real Madrid.

Kenan Yildiz on the move? Juventus fail to convince young star to sign contract extension in transfer boost for Arsenal, Chelsea and Real Madrid.

Kenan Yildiz’s future at Juventus is in serious doubt, with contract talks between the young Turkish forward and the club put on hold after months of negotiations. Top European giants, including Arsenal, Chelsea and Real Madrid, are now ready to move for the 20-year-old. The German-born, who jo

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Shadows Over the Blue Line: Why Are Uganda’s Top Cops Dying in Droves?

Shadows Over the Blue Line: Why Are Uganda’s Top Cops Dying in Droves?

Kampala – In the span of just over two months, five senior Uganda Police Force (UPF) officers have met untimely ends, sparking whispers of a curse on the force and urgent calls for transparency. From mysterious collapses to brutal attacks, the deaths of these dedicated servants of the law raise

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Government orders Ministry of Defence officials to prepare for 'war in our backyard'

Government orders Ministry of Defence officials to prepare for 'war in our backyard'

Ministry of Defence officials have been told to prepare the nation for war “in our own backyard”. Staff responsible for spending the nation's £288 billion defence procurement budget were told to speed up the process and equip the armed forces “to be ready to fight”, even if it meant taki

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