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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

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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

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Agent Luka Modric?! AC Milan aim to use Croatia international to help land his former Real Madrid team-mate

Agent Luka Modric?! AC Milan aim to use Croatia international to help land his former Real Madrid team-mate

AC Milan are planning to use Croatia legend Luka Modric to help land his former Real Madrid team-mate Andriy Lunin in case their star goalkeeper Mike Maignan exits the club as a free agent. Maignan, a France international, looks set to leave the Italian club at the end of the season, with no new

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: Minister Huda’s Military Escorts Killed in Bombo Accide

: Minister Huda’s Military Escorts Killed in Bombo Accide

According to the 2024 Annual Traffic Police Report, the country recorded over 23,000 road crashes, resulting in approximately 4,800 deaths and tens of thousands of injuriesNorbert MaoKAMPALA: Uganda’s Minister of Justice and Constitutional Affairs, Norbert Ma

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Arsenal to bid €45m in shock January signing as Berta goes ‘all out’ for ‘Mbappe-like’ attacker

Arsenal to bid €45m in shock January signing as Berta goes ‘all out’ for ‘Mbappe-like’ attacker

Arsenal are preparing to bid roughly €45m in January for a player who might not help their title challenge one bit, while Andrea Berta is reportedly going ‘all out’ to sign a forward compared to Kylian Mbappe and a recent Arsenal signing has been branded ‘Raheem Sterling 2.0’.

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Bobi Wine Fans Injured as Rising Security Violence Hits NUP Campaign

Bobi Wine Fans Injured as Rising Security Violence Hits NUP Campaign

Bobi Wine condemned today's violence in GuluGULU: Violence surrounding the campaign trail of National Unity Platform (NUP) presidential candidate Robert Kyagulanyi intensified on Saturday after armed gangs attacked his rally venue in Gulu City and security forces blocked him from accessing

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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

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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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Police: Bobi Wine Blocked for Defying Agreed Campaign Venue

Police: Bobi Wine Blocked for Defying Agreed Campaign Venue

Police have defended their decision to block National Unity Platform (NUP) presidential candidate Robert Kyagulanyi Ssentamu, also known as Bobi Wine, from campaigning on Friday, saying he attempted to divert from an agreed-upon venue.According to the official campaign programme

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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

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