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
Investing in public companies holding bitcoin and other digital tokens was a major trend earlier this year, but the market has turned …Bitcoin itself is down only 6%. Around 70% of digital asset treasuries are expected to finish the year lower than their starting value. Image: Angel Garc
Hajji Bruhan Sserunga, a veteran community leader and father of Hon. Mubarak Munyagwa, the presidential candidate for the Common Man’s Party, has publicly hailed President Yoweri Kaguta Museveni for his exceptional leadership, sending a strong message of respect and confidence ahead of the elec
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
The prosecution further alleges that Besigye sought surface-to-air missiles, ricin poison, counterfeit currency, and planned to use drone technology to assassinate President Yoweri Museveni. The state claims it has audio and video recordings, social media messages, immigration documents, and phon
Kigali is preparing to roll out one of East Africa’s most ambitious public transport reforms, a service-led model that places efficiency, reliability and strict timekeeping at the centre of urban mobility.The reform, approved by the Rwandan Cabinet on November 28, will require public bus
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
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
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 Association of Ug
Newcastle United's Champions League qualification hopes suffered a blow after a 2-1 defeat to Marseille, with Nick Pope's error proving costly in the second half.Newcastle goalkeeper Nick Pope was guilty of a mistake at Marseille (Image: Getty Images)Newcastle manager Eddie Howe has
