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
The Permanent Secretary and Secretary to the Treasury (PSST), Dr Ramathan Ggoobi, has visited the National Agricultural Research Organisation (NARO) Anti-Tick Vaccine facility at Nakyesasa to assess readiness and requirements ahead of its upcoming commercial production.Dr Ggoobi was guided
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
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
The Embassy of the Republic of Uganda in Doha successfully hosted the 2025 Uganda–Qatar Diaspora Convention on November 28, drawing hundreds of Ugandan migrant workers, diaspora leaders, government officials, and private-sector partners for a full day of engagement and empowerment.The Co
Rusoke was tasked with explaining why youth groups wearing the ruling National Resistance Movement’s (NRM) signature yellow attire were seen conducting coordinated marching and exercises in viral videos without facing arrestsPolice Spokesperson Kituuma Rusoke has addressed the controvers
A group of military officers say they have seized control of Guinea-Bissau amid reports that the president, Umaro Sissoco Embaló, has been arrested.Shortly after gunshots were heard in the capital, Bissau, government sources told the BBC that Embaló had been detained.The officers
Lwemiyaga County MP Theodore Ssekikubo has escalated his challenge against the nomination of his rival, Brig. Gen. Emmanuel Rwashande, accusing Electoral Commission (EC) officials in Ssembabule District of clearing the National Resistance Movement (NRM) flag bearer using “forged, fraudulent and
A California man will spend the rest of his life in prison after a jury convicted him of murdering his estranged wife while he hid in her apartment and waited for her to come out of her bedroom before he pounced and stabbed her to death.Zarbab Ali, 28, was found guilty Friday of first-degr
NRM party leaders have condemned the act of some NRM members forcing students from schools to attend campaign rallies organized by the party’s presidential candidate, Yoweri Museveni, in different parts of the country.Rose Namayanja, the party’s Deputy Secretary General, said that sinc
