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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

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President Museveni Pledges Key Road Upgrade, Defends NRM Legacy at Lango Mobilisation Rally

President Museveni Pledges Key Road Upgrade, Defends NRM Legacy at Lango Mobilisation Rally

President Museveni, Denish Hamson Obua, Speaker Anita Annet Among and senior presidential advisor Sam Engola at Lango collegeLira, Uganda |7th December 2025 – President Yoweri Kaguta Museveni has pledged to consider upgrading the crucial 42.4km Dokolo–Bata–Abako–Aloi road to tarma

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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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Electoral Commission Advertises Presiding Officer, Polling Assistant Jobs

Electoral Commission Advertises Presiding Officer, Polling Assistant Jobs

The Commission invites applications for Presiding Officers and Polling Assistants to serve at polling stations across the country. Applicants must be registered voters, of high moral character and integrity, and preferably residents of the respective polling areas. Experience in election-related

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BREAKING! Kenyan Politician Who Went Missing Found in Mbale City – Uganda

BREAKING! Kenyan Politician Who Went Missing Found in Mbale City – Uganda

Kenyan politician and former aspirant for the Tinderet parliamentary seat, Shadrack Maritim, who went missing in October, has been found alive in Uganda.Maritim, who went missing after leaving his house for a morning jog, was found in Mbale, Uganda, on Wednesday, December 3. Pr

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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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Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

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

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Speaker Among Leads Candle-Lighting in Honour of World AIDS Day

Speaker Among Leads Candle-Lighting in Honour of World AIDS Day

The Speaker of Parliament, Rt. Hon. Anita Among, this morning led the nation in commemorating World AIDS Day with a symbolic candle-lighting ceremony held at Parliament.The act, simple yet deeply meaningful, honoured the millions of lives lost to HIV/AIDS and reaffirmed Uganda’s commitme

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From City Council Speaker To Parliamentarian: Mbayo’s Quest for Jinja City South West Constituency

From City Council Speaker To Parliamentarian: Mbayo’s Quest for Jinja City South West Constituency

In the unpredictable contest for Jinja City South West Constituency, where 10 candidates are vying for the sole seat, Bernard Mbayo, the current Speaker of Jinja City Council emerges as a dark horse.Mbayo is also a member of the National Executive of the Urban Authorities Associ

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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-Pec

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