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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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5 Foods You Should Eat Less of After 50, According to Dietitians

5 Foods You Should Eat Less of After 50, According to Dietitians

Cutting back on these everyday foods can help you feel stronger, sharper and healthier in your 50s.Key PointsTurning 50 is a great time to start making healthier food choices to support aging.Though no food is completely off-limits, keep fried, sugary, salty and refined foods

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BREAKING: Coup Underway in Benin Republic As Military Overthrows Talon’s Government

BREAKING: Coup Underway in Benin Republic As Military Overthrows Talon’s Government

Coup Underway in Benin Republic As Military Overthrows Talon’s GovernmentMilitary officers in Benin Republic have taken control of the federal government.A group of soldiers led by Lieutenant Colonel Pascal Tigri, announced the dissolution of the government during a broadcast on B

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U17 rising star James Bogere makes provisional Uganda Cranes squad as Paul Put names 30 for AFCON 2025

U17 rising star James Bogere makes provisional Uganda Cranes squad as Paul Put names 30 for AFCON 2025

Uganda Cranes head coach Paul Put has named a 30-man provisional squad ahead of the 2025 Africa Cup of Nations, which kicks off later this month in Morocco.The team includes nine players from the Uganda Premier League, among them Vipers SC midfielder Allan Okello, who returns to the fold a

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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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Campaign Disruption in Aswa West!! Authorities Intervene as Kyagulanyi Defies Rally Rules

Campaign Disruption in Aswa West!! Authorities Intervene as Kyagulanyi Defies Rally Rules

The Territorial Police in Aswa West Region prevented the National Unity Platform (NUP) presidential candidate, Hon. Kyagulanyi, from proceeding to a location outside his designated campaign area on Thursday, December 5, 2025. The move sparked tension as the candidate attempted to divert his rally

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EX-POST BANK MD OFF THE HOOK! Judge Blasts “Baseless, Vindictive” Internal Auditor as 8-Year Sh292m Case Collapses

EX-POST BANK MD OFF THE HOOK! Judge Blasts “Baseless, Vindictive” Internal Auditor as 8-Year Sh292m Case Collapses

Former Post Bank Uganda managing director Stephen Mukweli (L) is finally a free manFormer Post Bank Uganda managing director Stephen Mukweli is finally a free man after the Anti-Corruption Court tore apart the state’s entire case and acquitted him of all criminal charges.Mukweli h

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Mbappe penalty earns Real Madrid draw at Girona

Mbappe penalty earns Real Madrid draw at Girona

Kylian Mbappe's penalty rescued Real Madrid from defeat at Girona, but a point meant they missed the chance to move back to the top of La Liga.The French striker tucked a low effort past the reach of Paulo Gazzaniga to equalise from the spot in the 67th minute after Vinici

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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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Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and monetary so

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