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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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PFF’s Sam Makokha Charged With Misprision of Treason

PFF’s Sam Makokha Charged With Misprision of Treason

Ugandan authorities have charged opposition politician Samuel Makokha with misprision of treason, alleging that he failed to report information about an alleged plot to overthrow the government involving veteran opposition figure Col. (Rtd) Dr. Kizza Besigye, according to an official charge sheet

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Malawi launches twice-yearly HIV jab

Malawi launches twice-yearly HIV jab

Malawi yesterday launched Lenacapavir, a twice-yearly injectable HIV prevention medicine amid reflections on whether the country can sustainably finance emerging technologies in the face of waning donor support.Pharmacy and Medicines Regulatory Authority (PMRA) and National Aids Commission

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New Digital Creators Summit to Boost Creative Economy

New Digital Creators Summit to Boost Creative Economy

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

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Kumi DEO Urges Stronger Support for Nursery Education

Kumi DEO Urges Stronger Support for Nursery Education

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

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Japanese 'One Piece' singer stopped mid-show after China-Japan feud

Japanese 'One Piece' singer stopped mid-show after China-Japan feud

BBC | The abrupt cancellations of several Japanese music events in Shanghai - one of them midway through a song - have sparked criticism among fans, with some calling the moves "rude" and "extreme".Maki Otsuki was halfway through the theme of hit anime One Piece on Friday

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Liverpool dressing room's immediate reaction to PSV defeat after Arne Slot sack question

Liverpool dressing room's immediate reaction to PSV defeat after Arne Slot sack question

Liverpool have lost six of their last seven Premier League games and were beaten 4-1 by PSV in the Champions League.Ryan Gravenberch of Liverpool spoke out after defeat to PSV. Ryan Gravenberch has confessed that he and the rest of the Liverpool dressing room are "furious" following

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Into the B’raka Land” promises an immersive musical experience with Joshua Baraka

Into the B’raka Land” promises an immersive musical experience with Joshua Baraka

At a press conference held on Wednesday at the Talent Africa Rooftop, Joshua Baraka’s highly anticipated debut solo concert, “Into the B’raka Land,” was launched.Set to take place this Saturday, November 29, 2025, at the Ndere Cultural Center, the event marks a major milestone in J

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Uganda Chamber of Commerce Sues Uganda, Kenya and Tanzania Over Access to Indian Ocean

Uganda Chamber of Commerce Sues Uganda, Kenya and Tanzania Over Access to Indian Ocean

The Uganda Chamber of Commerce and Entrepreneurs’ League and Confederation (UCCEC) has dragged the Governments of Uganda, Kenya and Tanzania to the East African Court of Justice (EACJ) over what it describes as persistent violations of Uganda’s right of access to the Indian Ocean.The P

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Buganda Premier warns against violent policing during campaigns

Buganda Premier warns against violent policing during campaigns

Buganda Kingdom’s Prime Minister, Charles Peter Mayiga, has called on security agencies to exercise restraint and uphold professionalism during the ongoing campaign season, warning that violent crowd-control tactics only deepen national wounds.“Once again, I urge the police and all sec

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