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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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MP Rukaari Vows to Rescue King of Kings Church Land as District Eviction Threats Intensify

MP Rukaari Vows to Rescue King of Kings Church Land as District Eviction Threats Intensify

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

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Forces Behind Commissioner Land Registration Mugaino’s Illegal Cancellation Of Makerere Prime Land Title Unearthed

Forces Behind Commissioner Land Registration Mugaino’s Illegal Cancellation Of Makerere Prime Land Title Unearthed

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

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Minister Otafiire reverses police ban on NUP candidate Paul Mwiru’s radio festival

Minister Otafiire reverses police ban on NUP candidate Paul Mwiru’s radio festival

The Minister in a letter to the Inspector General of Police, Abas Byakagaba, ordered the "Endigito Ya Busoga" event to proceed as planned next week, describing its ban as politically motivatedMinister of Internal Affairs, Major General (Rtd) Kahinda Otafiire, has overturned a police-led ba

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Tulip Siddiq MP given jail sentence in Bangladesh after trial in her absence

Tulip Siddiq MP given jail sentence in Bangladesh after trial in her absence

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

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UHRC Awards Sh160 Million to Victims in Mbarara Rulings

UHRC Awards Sh160 Million to Victims in Mbarara Rulings

The Uganda Human Rights Commission, or UHRC, Tribunal in Mbarara City awarded a total of Sh160 million to victims of severe human rights violations in two separate rulings delivered this week.The details of the second ruling were not immediately available, but the first decision, read by U

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BATTLE TO BE UNOPPOSED: Candidate Withdraws From Laroo-Pece MP Race After “Negotiation” with Mao.

BATTLE TO BE UNOPPOSED: Candidate Withdraws From Laroo-Pece MP Race After “Negotiation” with Mao.

Other candidates in the parliamentary race are Uganda People’s Congress (UPC) party flag bearer Simon Opoka, Forum for Democratic Change (FDC) flag bearer Geoffrey Komakech, and independents Wilfred Opobo, and Edward Odong, all independent candidates.The race for the Laroo-Pece Division

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URA Raids KFC’s Kololo Office

URA Raids KFC’s Kololo Office

Kampala: Kuku Foods Uganda Ltd, the operator of KFC, has issued a sharp protest to the Uganda Revenue Authority (URA) after armed officials raided its Kampala offices on Nov. 19.2025, Chimp Corps report. URA officials say the inquiries relate to discrepancies in declared income over the pe

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Bukedea Woman MP Aspirant Sues EC Over Ruling Delays

Bukedea Woman MP Aspirant Sues EC Over Ruling Delays

Norma Susan Otai, the Forum for Democratic Change (FDC) aspirant for the Bukedea Woman MP seat, has taken legal action against the Electoral Commission (EC) and the Speaker of Parliament, Annet Anita Among. ‎Otai’s lawsuit, filed in response to what she describes as the EC’s failure

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Bobi Wine Is a Better Replacement for Museveni - Ssemujju

Bobi Wine Is a Better Replacement for Museveni - Ssemujju

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

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