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
FILE - Vehicles and trucks for export wait for transportation from a port in Yantai in eastern China's Shandong province on Jan. 2, 2025. (Chinatopix via AP, File) (ASSOCIATED PRESS)HONG KONG (AP) — China’s exports returned to growth in November following an unexpected contraction the
AC Milan are planning to use Croatia legend Luka Modric to help land his former Real Madrid team-mate Andriy Lunin in case their star goalkeeper Mike Maignan exits the club as a free agent. Maignan, a France international, looks set to leave the Italian club at the end of the season, with no new
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
Friends and family members confirm that Samantha was under a lot of mental stress at the time of her passingThe Ugandan community in Germany has been mourning the passing of one of their own this week. 23-year-old Samantha Twinomugisha is reported to have taken her own life by jumping in f
Arsenal are preparing to bid roughly €45m in January for a player who might not help their title challenge one bit, while Andrea Berta is reportedly going ‘all out’ to sign a forward compared to Kylian Mbappe and a recent Arsenal signing has been branded ‘Raheem Sterling 2.0’.Ars
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
Joint security forces have today, Monday morning, conducted a targeted early-morning operation in Kaboja A, Kasenge Parish, Kyengera Town Council, Wakiso District, resulting in the fatal neutralization of two suspected criminals.Kampala Metropolitan Police spokesperson, Superintendent
Kamuli — Kumi District Education Officer Sarah Adong has called on government, parents and communities to fully embrace nursery education, saying early childhood learning is a crucial foundation that prepares children to transition smoothly into primary school.She made the remarks during
BBC | The abrupt cancellations of several Japanese music events in Shanghai - one of them midway through a song - have sparked criticism among fans, with some calling the moves "rude" and "extreme".Maki Otsuki was halfway through the theme of hit anime One Piece on Friday
