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
The Embassy of the Republic of Uganda in Doha successfully hosted the 2025 Uganda–Qatar Diaspora Convention on November 28, drawing hundreds of Ugandan migrant workers, diaspora leaders, government officials, and private-sector partners for a full day of engagement and empowerment.The Co
President Yoweri Kaguta Museveni’s nationwide initiative to economically empower grassroots groups has once again taken centre stage, with 300 brand-new motorcycles handed over to boda boda riders under various SACCOs in Kawempe.The handover ceremony, held at Growers Playground in Kawemp
After grueling fight camps spanning three continents, two-division champion Islam Makhachev has finally returned home. Earlier this month at UFC 322, in front of 20,664 fans, the Dagestani star made history by extending his win streak to the promotional record of sixteen. With his triumph over Ja
David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate
New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by ...India has the potential to reach $500 billion electronics output by 2030 | India has the potential to reach $500 billion electronics output by 2030India has the potential to
Dr Emmanuel Lyamulemye, the former executive director of the Uganda Coffee Development Authority (UCDA), is dead.Frank Tumwebaze, the Minister of Agriculture, Animal Industry and Fisheries, announced his death on X.“I learnt this morning with deep sorrow about the passing of Dr Em
Museveni in Kibuku on ThursdayPresident Yoweri Kaguta Museveni has urged Ugandans to strengthen community support systems for young people after a schoolgirl from Kibuku emotionally revealed that she had once contemplated taking her own life due to lack of opportunities.The Presiden
One hundred forty-one graduates trained in mechanical, electrical, production, instrumentation, leadership, and health, safety and environment (HSE) have graduated from the EACOP Academy at Uganda Petroleum Institute Kigumba (UPIK).The training, a result of a partnership between the East A
Last week, violent clashes broke out in Yumbe district over, of all things, pork.It is a poorly kept national secret that many Ugandans treat this as a delicacy. Indeed, many lifelong friendships (not to mention marriages) and other abiding ties have been forged, and strengthened over the
