Search Results

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

Ultimate Uganda

Chinese woman marries soldier who rescued her from earthquake debris when she was 11.

Chinese woman marries soldier who rescued her from earthquake debris when she was 11.

Chinese woman marries soldier who rescued her from earthquake debris when she was 11A Chinese woman married the soldier who rescued her during the earthquake after the two unexpectedly reunited years later. A Chinese woman who was rescued as a child from the debris of the devastating Wenchuan ear

Ultimate Uganda

Mulago Hospital Performs First Keyhole Surgery to Remove Prostate Cancer

Mulago Hospital Performs First Keyhole Surgery to Remove Prostate Cancer

KAMPALA — Mulago National Referral Hospital has achieved a major milestone after doctors successfully carried out the first-ever laparoscopic radical prostatectomy, a keyhole surgery used to remove the prostate gland in a patient with prostate cancer.The surgery was performed on a 73-yea

Ultimate Uganda

GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam

GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam

Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams

Ultimate Uganda

Soroti woman MP aspirant survives horrifying road crash

Soroti woman MP aspirant survives horrifying road crash

Soroti Woman MP hopeful Egabu Joan receiving treatment at Bethesda Hospital. She survived a severe crash along the Awaliwal–Telamot road on Thursday evening.Soroti, Uganda: Soroti District Woman MP aspirant Egabu Joan is recovering after surviving a frightening road crash on Wednesday ev

Ultimate Uganda

Security Shoots Dead Two Suspected Criminals in "Disruptive" Operation in Kyengera

Security Shoots Dead Two Suspected Criminals in "Disruptive" Operation in Kyengera

Joint security forces have today, Monday morning, conducted a targeted early-morning operation in Kaboja A, Kasenge Parish, Kyengera Town Council, Wakiso District, resulting in the fatal neutralization of two suspected criminals.Kampala Metropolitan Police spokesperson, Superintendent

Ultimate Uganda

Bitcoin eyes rebound to $96K from current ‘discount’ zone: Analysis

Bitcoin eyes rebound to $96K from current ‘discount’ zone: Analysis

Bitcoin bull flag on the price charts projected a rebound to $96,000 as the Puell Multiple indicator suggested that BTC is undervalued at current prices.Bitcoin (BTC) is due for a “new uptrend” as a key BTC price metric suggests that the recent drop to $80,000 provided a prime buying o

Ultimate Uganda

JUST IN! Police Recover 40 Number Plates of Stolen Motorcycles in Oyam District.

JUST IN! Police Recover 40 Number Plates of Stolen Motorcycles in Oyam District.

Police displays the number platesPolice has recovered 40 number plates belonging to stolen motorcycles in Oyam district.According to Patrick Okema, Police Spokesperson, North Kyoga, the intelligence led operation was carried out on Tuesday, 25th November, 2025 at Ajali Opoo Village,

Ultimate Uganda

Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda (PAU), a government agency that regulates the sector.According to Rubondo, the latest assessments ind

Ultimate Uganda

DNA confirms body found in Kyampisi Swamp is missing Naalya SS student

DNA confirms body found in Kyampisi Swamp is missing Naalya SS student

Kampala Metropolitan Police have confirmed that the decomposed body recovered from Musaale Swamp in Kyampisi Subcounty belongs to Aneza Merisa, a missing student of Naalya SS Lugazi Campus, and are now treating the case as murder.According to Kampala Metropolitan Police spokesperson ASP Ra

Ultimate Uganda