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
Coup Underway in Benin Republic As Military Overthrows Talon’s GovernmentMilitary officers in Benin Republic have taken control of the federal government.A group of soldiers led by Lieutenant Colonel Pascal Tigri, announced the dissolution of the government during a broadcast on B
President Yoweri Kaguta Museveni’s nationwide initiative to economically empower grassroots groups has once again taken centre stage, with 300 brand-new motorcycles handed over to boda boda riders under various SACCOs in Kawempe.The handover ceremony, held at Growers Playground in Kawemp
China has announced the discovery of the largest gold deposit ever found in the country since 1949, with estimated reserves of 1,444 tonnes in Liaoning province. The discovery comes at a time when global gold prices are hitting record highs.The Chinese Ministry of Natural Resources confirm
KAMPALA, Uganda — In a nod to the unsung architects of the city’s bustling commercial landscape, two of Uganda’s most influential tycoons, Sudhir Ruparelia and Haji Muhammad Matovu Yanga, have been crowned Kampala’s Best Business Landlords of 2025.The accolade, announced Tuesday by
Yaoundé — "If by November 26, the captors have not released Father John, I request all the priests, religious personnel from all Catholic institutions in Ndop deanery will be closed. Priests will be evacuated for their safety, and the Blessed Sacrament will be removed from the churches." This
Brazilian Pilots in Sandton Bust-Up After Alleged Dispute With Two Women Over Unpaid ServicesTwo Brazilian pilots who had apparently arrived in South Africa for the G20 Leadership Summit found themselves caught up in a bizarre altercation in the early hours of yesterday morning, after two
Some men know exactly what to say to make you blush. They know the right timing, the flattering words, the tone that sounds soft enough to feel real. But here’s the truth. Words can be sugar-coated distractions. They can make you feel wanted for a night, but not necessarily valued for who you t
Kampala – Music industry circles were abuzz over the weekend following reports that Roger Lubega, the longtime former manager of Ugandan singer Spice Diana, was allegedly arrested under unclear circumstances. The arrest comes months after the two reportedly ended their working relationship afte
Granit Xhaka has been linked with a stunning January move to Juventus just six months after joining Sunderland, with Italian reports claiming the midfielder is “back in fashion” for the Serie A giants. His entourage is said to be open to offers, but it has been reported in England that Sunder
