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
Cristiano Ronaldo is set to be available for the start of Portugal's World Cup campaign despite his red card against the Republic of Ireland.A FIFA disciplinary committee has imposed a three-match ban, but the final two games are suspended for one year provided there is no similar infringe
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban
A Polish armed forces chief has warned that Vladimir Putin is preparing for war after what an "unprecedented act of sabotage" where a key rail link between Warsaw and Ukraine was blown upPutinPutin is preparing for war it is claimedRussia is preparing for war against NATO, Po
The 15-year-old student, Merisa Aneza, disappeared on November 4 after leaving her mother’s home in Kikoni, Kampala, to return to school.Kyampisi, Uganda: A week-long search for a Senior Two student of Naalya Secondary School in Lugazi, Buikwe District, has ended tragically after her bod
Uganda has joined Bangladesh, Somalia, Cameroon, Afghanistan, Sudan and other countries in the United Arab Emirates’ 2025 visa ban. The UAE has temporarily suspended the issuance of visit and work visas for citizens of nine countries due to security, immigration, and diplomatic concerns.
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry
Barely a day after the official kickoff of parliamentary campaigns across the country, Ssembabule District Woman MP candidate Nina Roz of the National Unity Platform (NUP) has suspended her campaign activities.The artiste turned politician announced the suspension following the arrest of h
The Industrial Court has ordered Uganda Airlines to pay its former Chief Executive Officer, Cornwell Muleya, about Shs 455 million in severance pay, general damages, and other costs for wrongful dismissal.In his ruling, Justice Anthony Wabwire Musana found that Muleya’s suspension and ev
Nile Trade Link Services, the company managing Nile Star Buses, has suspended all passenger transport operations following a spate of fatal accidents involving its fleet within just one month.In a public notice issued on Thursday, the company said the sus
