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
Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams
ENTEBBE – The Petroleum Authority of Uganda (PAU) is marking ten years of regulating the country’s oil and gas sector, a milestone that Executive Director Earnest Rubondo describes as a decade of steady growth, institutional strengthening and careful stewardship of Uganda’s petroleum resour
MUBENDE — Horror has hit Mubende Town after the manager of Prime Rose Hotel — who also happens to be the son of the hotel owner — allegedly murdered one of his long-serving workers and buried him secretly after accusing him of stealing charcoal.The suspect, Genesis Dduhimbaazi, manag
Shock and tension have gripped Hardware World Ntinda after a deadly incident that claimed the life of one employee and left two others fighting for their lives.The high-end hardware supermarket, owned by flamboyant businessman Simon Ssekankya, is now under police investigation as questions
A Russian crypto Roman Novak went missing with his wife but the pair were later killed - he had been known for defrauded partners out of thousandsRoman Novak and his wife Anna were killed in the UAE A Russian cryptocurrency fraudster and his wife have been kidnapped and killed abroa
Hajjat Hadijah Namyalo, Head of the Office of the National Chairman, in a group photo with Mr Kaka Kasim, Executive Director at Ahmed Raza Foods Industries Ltd and his staff at the factory headquarters in Matugga, Wakiso District on Wednesday, November 05, 2025Wakiso, Uganda: Ugandan local
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb
Top 10 hardest countries to obtain citizenshipSecuring citizenship in some countries can be a long and demanding journey in contrast with how some other nations offer relatively straightforward processes.Below are 10 countries where obtaining citizenship is considered the toughest,
In a letter dated October 24, 2025, the Ntungamo Chief Administrative Officer (CAO), Fidelis Kiiza, directed Muhirwe to hand over office to Human Resource Officer Naboth Ayebazibwe by October 27.The Principal Human Resource Officer of Ntungamo District, Jennifer Muhirwe, has been interdict
