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
TANZANIA breathed a sigh of relief when President Samia Suluhu Hassan took power.After her authoritarian predecessor President John Magufuli died in 2021, the softly-spoken Hassan was widely expected to be a less tyrannical replacement.NINTCHDBPICT001043444208Hassa
The controversy surrounding the cancellation of the certificate of title for Kibuga Block 28 Plot 540 (worth billions of shillings) at Makerere which belongs to an 82-year-old, wheelchair-bound lady has taken a new twist. It has been established that the defiance of the Commissioner for Land Regi
Labour MP and former minister Tulip Siddiq has been sentenced to two years in prison in Bangladesh after being put on trial in her absence alongside 16 other people over corruption allegations.She was found guilty of influencing her aunt, Bangladesh's ousted prime minister
Four people have been arrested in South Korea for allegedly hacking over 120,000 video cameras in homes and businesses and using the footage to make sexually exploitative materials for an overseas website.Police announced the arrests on Sunday, saying the accused exploited
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 C
Justice Egonda-Ntende said he is often disturbed by reports from magistrates’ courts, especially in cases involving bail applications. Justice Martin Stephen Egonda-Ntende, a Justice of the Court of Appeal and one of Uganda’s most respected jurists, has expressed frustration
A Polish armed forces chief has warned that Vladimir Putin is preparing for war after what an "unprecedented act of sabotage" where a key rail link between Warsaw and Ukraine was blown upPutinPutin is preparing for war it is claimedRussia is preparing for war again
Aquaculture - the farming of fish and other aquatic organisms - is the world's fastest-growing food production system.The sharpest growth in aquaculture is happening in Africa. Average annual growth rates have exceeded 10% in recent years measured by production value.
Police in Nabilatuk District are investigating the suspected murder of PPC Bonny Nuwahereza, an officer attached to the Sakale ASTU Detach, after his decomposing body was discovered in a remote village.The body was found in Lokitela Village, Sakale Parish, Lolachat Sub-county, a
