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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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Museveni Meets Leaders in Lira and Pallisa, Addresses Connectivity, Peace and Household Incomes

Museveni Meets Leaders in Lira and Pallisa, Addresses Connectivity, Peace and Household Incomes

President Yoweri Kaguta Museveni on Sunday met leaders from Lango and Bukedi, addressing issues of infrastructure, livelihoods and regional stability.Focus on Connectivity in LangoIn Lira, the President met more than 15,000 NRM leaders from across the Lango Sub-region. The leaders r

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Government confirms plans to shut down internet ahead of January elections

Government confirms plans to shut down internet ahead of January elections

Mr Kamugisha stated that popular platforms such as TikTok, YouTube, Facebook, X (formerly Twitter), and Instagram are all under review ahead of the general elections set for mid January 2026.The Ugandan government is planning to impose restrictions on internet access, including the outrigh

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Electoral Commission Advertises Presiding Officer, Polling Assistant Jobs

Electoral Commission Advertises Presiding Officer, Polling Assistant Jobs

The Commission invites applications for Presiding Officers and Polling Assistants to serve at polling stations across the country. Applicants must be registered voters, of high moral character and integrity, and preferably residents of the respective polling areas. Experience in election-related

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New Digital Creators Summit to Boost Creative Economy

New Digital Creators Summit to Boost Creative Economy

Stanbic Bank Uganda, in partnership with the Uganda Communications Commission (UCC), ONGEA Africa and the Uganda Digital Society, has launched the Stanbic Ongea Digital Creators Summit, a major initiative aimed at empowering young creators with digital skills, business training, financial literac

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Uganda–Qatar Embassy Hosts Successful Diaspora Convention in Doha

Uganda–Qatar Embassy Hosts Successful Diaspora Convention in Doha

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

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State House Anti-Corruption Unit Launches Probe Into SACCO, Electricity Issues At Mbarara Market

State House Anti-Corruption Unit Launches Probe Into SACCO, Electricity Issues At Mbarara Market

The State House Anti-Corruption Unit (SH-ACU) on Wednesday convened a baraza with Mbarara City leaders, market vendors and their representatives in a bid to resolve longstanding concerns affecting operations at Mbarara Central Market.The engagement brought together the Mbarara City South D

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Next Media’s Victoria Sibiya Weds Lover

Next Media’s Victoria Sibiya Weds Lover

The couple’s journey to officialize their love began in April this year, when Phinius proposed in a glamorous engagement ceremony that captured attention across media circles.Next Media’s Victoria Sibiya Weds LoverRead: 11 times \ Nov 26, 202524th November will forever re

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Peace Rugambwa Channels Over UGX 150 Million into Kabale as NRM Mobilisation Efforts Intensify

Peace Rugambwa Channels Over UGX 150 Million into Kabale as NRM Mobilisation Efforts Intensify

The mood in Kabale has been noticeably shifting in recent weeks, and much of that change is tied to the growing presence of Senior Presidential Advisor on Agriculture, Peace Rugambwa. Her visits have been drawing crowds, not just because she arrives with support, but because she arrives with a me

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Ed Sheeran admits his daughters prefer Moana soundtrack over his hit songs

Ed Sheeran admits his daughters prefer Moana soundtrack over his hit songs

Ed Sheeran's impressive music career has seen him win several Grammys, Brit Awards and number one hits but his daughters would rather listen to a Disney soundtrack than his musicEd has spoken about his daughters (Image: Apple TV via Getty Images)

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