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
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:
Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams
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.
Following the National Prayer Breakfast on forgiveness, OPED author Franklin G. Karokora challenges Chris Rwakasisi to stop dodging his mass murder conviction and show remorse to the families of the six victims.Chris Rutimbirayo Rwakasisi CMMChris Rwakasisi was on June 30
Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion in the FY 2023/2024 representing a 14% growth.The CEO of the sacco Mureebe Methods Muhakuna revealed this during
The Federation of All Uganda Migrant Workers (FAUMA) has asked the government to immediately establish dedicated legal teams at Uganda’s embassies in major labour-receiving countries to help migrant workers access justice and protection.FAUMA President Kenneth Oloka told the Nile Post th
Lwemiyaga County MP Theodore Ssekikubo has escalated his challenge against the nomination of his rival, Brig. Gen. Emmanuel Rwashande, accusing Electoral Commission (EC) officials in Ssembabule District of clearing the National Resistance Movement (NRM) flag bearer using “forged, fraudulent and
According to the American Society of Plastic Surgeons, the Brazilian B*tt Lift, better known as a BBL, has become one of the defining cosmetic procedures of the last decade.Its rise has been fueled by social media trends and the infl
Ugandans accused the singer of flaunting his privilege in the face of a strictly enforced law that has led to the imprisonment of many political opponents.Eddy Kenzo has come under heavy criticism after posting a photo of himself performing on stage dressed in full military-styl
