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
Investing in public companies holding bitcoin and other digital tokens was a major trend earlier this year, but the market has turned …Bitcoin itself is down only 6%. Around 70% of digital asset treasuries are expected to finish the year lower than their starting value. Image: Angel Garc
Januworry hits hard when December’s early payday meets festive overspending, but with a few simple habits, you can avoid the five-week squeeze.Holiday cheer fades fast, your expenses don't. Keep a weekly spending cap and resist the urge to spend more just because you earned more. Image:
Arsenal are preparing to bid roughly €45m in January for a player who might not help their title challenge one bit, while Andrea Berta is reportedly going ‘all out’ to sign a forward compared to Kylian Mbappe and a recent Arsenal signing has been branded ‘Raheem Sterling 2.0’.Ars
Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position. She had bee
The prosecution further alleges that Besigye sought surface-to-air missiles, ricin poison, counterfeit currency, and planned to use drone technology to assassinate President Yoweri Museveni. The state claims it has audio and video recordings, social media messages, immigration documents, and phon
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
MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market
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
Kigali is preparing to roll out one of East Africa’s most ambitious public transport reforms, a service-led model that places efficiency, reliability and strict timekeeping at the centre of urban mobility.The reform, approved by the Rwandan Cabinet on November 28, will require public bus
