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
Coup Underway in Benin Republic As Military Overthrows Talon’s GovernmentMilitary officers in Benin Republic have taken control of the federal government.A group of soldiers led by Lieutenant Colonel Pascal Tigri, announced the dissolution of the government during a broadcast on B
MP Rukaari, Kibaju as they receive blessing from Bishop Silas and other Religious leadersAmos Tayebwa – MbararaThe tug-of-war over the land housing King of Kings Church at Kamukuzi Hill has taken a dramatic turn, with Mbarara City North MP Robert Mwesigwa Rukaari vowing to persona
Speaking yesterday at the annual Tumusiime Mutebile memorial lecture, held at Makerere University in honour of the late Bank of Uganda Governor, Mr Mbabazi framed inter-generational leadership as the "missing link" critically needed for Africa’s transformation.Former Ugandan Prime Minist
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
Kamuli — Kumi District Education Officer Sarah Adong has called on government, parents and communities to fully embrace nursery education, saying early childhood learning is a crucial foundation that prepares children to transition smoothly into primary school.She made the remarks during
Yaoundé — "If by November 26, the captors have not released Father John, I request all the priests, religious personnel from all Catholic institutions in Ndop deanery will be closed. Priests will be evacuated for their safety, and the Blessed Sacrament will be removed from the churches." This
David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate
For more than two decades, Kira Municipality MP Ibrahim Ssemujju Nganda has challenged presidential power, and in this wide-ranging conversation he warns that Uganda is approaching a dangerous crossroads where institutions are collapsing, dissent is criminalised
Solid inflows clash with a weak altseason index, so all’s not what it seems.Wall Street finally is giving altcoins a seat at the table - But can they keep it?Key TakeawaysAre altcoin ETFs enough to trigger an altseason?Early inflows are strong for some assets, but th
