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
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
Mogadishu (HOL) — Uganda has stopped granting refugee status to asylum seekers from Somalia, Eritrea and Ethiopia, saying those countries are no longer considered to have active armed conflicts and that dwindling donor funding has made it difficult to support new arrivals.Ugan
South Sudan’s President Salva Kiir has dismissed the undersecretary at the Ministry of Petroleum just a week after appointing him, in the latest shake-up in the country’s sensitive oil sector.The undersecretary is the highest-ranking official managing the ministry since Petr
Outgoing Wakiso district Chairman Matia Lwanga Bwanika has pledged his continued readiness to campaign for and vote Bobi Wine for President of Uganda. He says he isn’t angry over failure to get the NUP ticket for Busiro South MP seat, for which he is standing as a NUP-leaning independent.
Prison sentences have shadowed some of reggae's biggest names. This is the story of global reggae icons who served time, and how it defined their music and legacy.Global reggae stars who released music from behind barsIncarceration has ended many careers, but for some glo
From Milking Cows to Millionaire Mansions: Inside Black Coffee’s R157 Million Clifton Dream Home and Billion-Rand EmpireNkosinathi Maphumulo, the globally acclaimed DJ Black Coffee, has come a long way from his humble beginnings in a rural Eastern Cape village. Milking cows wi
The Premier League is often said to be the best football league in the world, not just for its flair and world-class talent, but for its unmatched intensity that adds excitement to every match.However, that same intensity sometimes crosses the line, resulting in rash tackles and
How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of U
Wall walks are one of the most deceptively simple yet highly effective bodyweight exercises in modern functional training. Commonly seen in CrossFit and strength conditioning programs, this movement challenges athletes to walk their feet up a wall while maintaining a stable plank-to-handstand pos
