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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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: Minister Huda’s Military Escorts Killed in Bombo Accide

: Minister Huda’s Military Escorts Killed in Bombo Accide

According to the 2024 Annual Traffic Police Report, the country recorded over 23,000 road crashes, resulting in approximately 4,800 deaths and tens of thousands of injuriesNorbert MaoKAMPALA: Uganda’s Minister of Justice and Constitutional Affairs, Norbert Mao, has said he is safe

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Big rally crowds don’t win elections’ - Janet Museveni

Big rally crowds don’t win elections’ - Janet Museveni

Mrs Museveni's comments came during a political climate where the size of rally crowds has become the dominant measure of a candidate’s popularity. Uganda’s First Lady, Janet Museveni, has cautioned members of the ruling National Resistance Movement (NRM) against complacency, stating t

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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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Bomb Hits Burundi as M23, DRC War Expands

Bomb Hits Burundi as M23, DRC War Expands

“Such provocation is unacceptable and appropriate actions will be taken to protect the Burundian population,” Bizimana said in a statement issued late on Friday.A telecommunication station was hit in Kamanyola, DRC which is under rebel M23 controlBurundi has accused AFC/M23 rebe

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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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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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FRANKLIN KAROKORA: Rwakasisi must seek true forgiveness, not dodge murder conviction

FRANKLIN KAROKORA: Rwakasisi must seek true forgiveness, not dodge murder conviction

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 30th 1988 con

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Time to hand over power to younger generation - Amama Mbabazi urges

Time to hand over power to younger generation - Amama Mbabazi urges

Speaking yesterday at the annual Tumusiime Mutebile memorial lecture, held at Makerere University in honour of the late Bank of Uganda Governor, Mr Mbabazi framed inter-generational leadership as the "missing link" critically needed for Africa’s transformation.Former Ugandan Prime Minist

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