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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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Law Society condemns deployment of police dogs, chaotic arrests at NUP Rally.

Law Society condemns deployment of police dogs, chaotic arrests at NUP Rally.

Police canine units being pushed directly toward civilians, including women and youths standing on the roadsideKampala, Uganda: The Uganda Law Society (ULS) has condemned the deployment of police dogs to disperse crowds during the National Unity Platform (NUP) presidential campaign in Kawe

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NRM welcomes UPC defectors in Apac, warns against corruption, political propaganda

NRM welcomes UPC defectors in Apac, warns against corruption, political propaganda

The ruling National Resistance Movement (NRM) has deepened its political dominance in Apac after absorbing a fresh wave of defectors from the Uganda Peoples’ Congress (UPC), turning campaign rallies in Chegere Sub-county into a charged arena of celebration and sharp accusations of corruption.

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Katy Perry brushes off ex-fiancé Orlando Bloom's cosy photo with actress as she storms the stage in Barcelona for her Lifetimes Tour

Katy Perry brushes off ex-fiancé Orlando Bloom's cosy photo with actress as she storms the stage in Barcelona for her Lifetimes Tour

Katy Perry brushed off the viral photo of ex-fiancé Orlando Bloom cosying up to an actress dressed as her for Halloween as she took to the stage in Barcelona on Sunday.The singer, 41, headed to the city as part of her global Lifetimes Tour and turned heads in a futuristic catsuit.

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Man 'boiled alive' in hotel shower on way to grandchild's graduation

Man 'boiled alive' in hotel shower on way to grandchild's graduation

A grandfather suffered fatal burns in a hotel shower where the water was found to be as hot as 135F, effectively 'boiling him alive'.Terril Johnson, 72, of Los Angeles, was staying at the Fairfield By Marriott hotel in San Jose, California on May 22 with family ahead of his granddaughter T

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Court directs URA to pay UGX 51 million to ex-manager over flawed dismissal process

Court directs URA to pay UGX 51 million to ex-manager over flawed dismissal process

The Industrial Court of Uganda has ordered the Uganda Revenue Authority (URA) to pay a total of UGX 51 million to its former manager of compliance, David Kalemera, after concluding that the URA failed to grant him a fair hearing during his termination process.In the award delivered Nov. 4,

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Trump Calls Tens of Thousands of Jews in New York 'STUPID' for Voting for Zohran Mamdani

Trump Calls Tens of Thousands of Jews in New York 'STUPID' for Voting for Zohran Mamdani

It's Election Day in parts of America and Donald Trump is freaking out because he knows that his candidates and issues are likely to go down hard. Democrats running for governor of New Jersey and Virginia are leading in the polls. And the redistricting initiative in California, that could create

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Mansions: Black Coffee’s Rise from Rural Mthatha to Billion-Rand Empire.

Mansions: Black Coffee’s Rise from Rural Mthatha to Billion-Rand Empire.

From Milking Cows to Millionaire Mansions: Inside Black Coffee’s R157 Million Clifton Dream Home and Billion-Rand EmpireNkosinathi Maphumulo, the globally acclaimed DJ Black Coffee, has come a long way from his humble beginnings in a rural Eastern Cape village. Milking cows with his gran

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Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t

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15 Movies Like Superbad You Need To Watch Next

15 Movies Like Superbad You Need To Watch Next

"Super bad"Ever wondered what Seth Rogen and Evan Goldberg's high school experience was like? Greg Mottola's 2007 teen comedy "Superbad" — written by Rogen and Goldberg — provides a vulgar and hilarious fictionalized answer. The film stars Jonah Hill and Michael Cera as Seth and Evan,

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