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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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President Museveni Pledges Key Road Upgrade, Defends NRM Legacy at Lango Mobilisation Rally

President Museveni Pledges Key Road Upgrade, Defends NRM Legacy at Lango Mobilisation Rally

President Museveni, Denish Hamson Obua, Speaker Anita Annet Among and senior presidential advisor Sam Engola at Lango collegeLira, Uganda |7th December 2025 – President Yoweri Kaguta Museveni has pledged to consider upgrading the crucial 42.4km Dokolo–Bata–Abako–Aloi road to tarma

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: Minister Huda’s Military Escorts Killed in Bombo Accide

: Minister Huda’s Military Escorts Killed in Bombo Accide

According to the 2024 Annual Traffic Police Report, the country recorded over 23,000 road crashes, resulting in approximately 4,800 deaths and tens of thousands of injuriesNorbert MaoKAMPALA: Uganda’s Minister of Justice and Constitutional Affairs, Norbert Mao, has said he is safe

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Presidential candidate Munyagwa’s father throws weight behind President Museveni ahead of 2026 elections

Presidential candidate Munyagwa’s father throws weight behind President Museveni ahead of 2026 elections

Hajji Bruhan Sserunga, a veteran community leader and father of Hon. Mubarak Munyagwa, the presidential candidate for the Common Man’s Party, has publicly hailed President Yoweri Kaguta Museveni for his exceptional leadership, sending a strong message of respect and confidence ahead of the elec

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Bobi Wine Fans Injured as Rising Security Violence Hits NUP Campaign

Bobi Wine Fans Injured as Rising Security Violence Hits NUP Campaign

Bobi Wine condemned today's violence in GuluGULU: Violence surrounding the campaign trail of National Unity Platform (NUP) presidential candidate Robert Kyagulanyi intensified on Saturday after armed gangs attacked his rally venue in Gulu City and security forces blocked him from accessing

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Forgot City, forgot Chelsea; Arsenal’s biggest test is a growing injury crisis

Forgot City, forgot Chelsea; Arsenal’s biggest test is a growing injury crisis

Christmas looks to have come early for Arsenal fans.In Europe, they top the table with a perfect record while on the domestic front, Chelsea’s surprise loss to Leeds and Liverpool continuing to do Liverpool things means their five-point gap at the top is looking a very healthy one. Even

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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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Singapore executes three men for drug offences over two days

Singapore executes three men for drug offences over two days

Singapore hanged three people for drug offences last week, bringing the total number of executions to 17 this year - the highest since 2003.These come a week before a constitutional challenge against the death penalty for drug offences is due to be heard.Singapore h

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UPDF Hosts University of Tokyo Professor for Demonstration of Advanced Agricultural Technology

UPDF Hosts University of Tokyo Professor for Demonstration of Advanced Agricultural Technology

The Uganda Peoples’ Defence Forces (UPDF) Department of Production has taken a major step toward modernising its agricultural practices following a high-level field demonstration held at the Kabamba Army Farm.The event featured Jo Min Kim, a visiting professor from the University of Toky

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124 UPDF Engineers Complete Specialised Training in Land Law and Estate Management

124 UPDF Engineers Complete Specialised Training in Land Law and Estate Management

A total of 124 soldiers from the Uganda Peoples’ Defence Forces (UPDF) Engineers Brigade have successfully completed a specialised course in land law and estate management at the Uganda Military Engineers College (UMEC) in Lugazi.The training is part of the UPDF’s ongoing efforts to st

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