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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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Uganda opposition candidate says he was beaten by security forces

Uganda opposition candidate says he was beaten by security forces

Ugandan Presidential candidate Robert Kyagulanyi, also known as Bobi Wine, of the National Unity Platform (NUP) party, campaigns ahead of the general elections in Kira Municipality, Wakiso district on the outskirts of Kampala, Uganda December 1, 2025. REUTERS/Abubaker Lubowa/File PhotoUgan

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Museveni Meets Leaders in Lira and Pallisa, Addresses Connectivity, Peace and Household Incomes

Museveni Meets Leaders in Lira and Pallisa, Addresses Connectivity, Peace and Household Incomes

President Yoweri Kaguta Museveni on Sunday met leaders from Lango and Bukedi, addressing issues of infrastructure, livelihoods and regional stability.Focus on Connectivity in LangoIn Lira, the President met more than 15,000 NRM leaders from across the Lango Sub-region. Th

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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 bro

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MP Rukaari Vows to Rescue King of Kings Church Land as District Eviction Threats Intensify

MP Rukaari Vows to Rescue King of Kings Church Land as District Eviction Threats Intensify

MP Rukaari, Kibaju as they receive blessing from Bishop Silas and other Religious leadersAmos Tayebwa – MbararaThe tug-of-war over the land housing King of Kings Church at Kamukuzi Hill has taken a dramatic turn, with Mbarara City North MP Robert Mwesigwa Rukaari vowing

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Government confirms plans to shut down internet ahead of January elections

Government confirms plans to shut down internet ahead of January elections

Mr Kamugisha stated that popular platforms such as TikTok, YouTube, Facebook, X (formerly Twitter), and Instagram are all under review ahead of the general elections set for mid January 2026.The Ugandan government is planning to impose restrictions on internet access, including

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Electoral Commission Advertises Presiding Officer, Polling Assistant Jobs

Electoral Commission Advertises Presiding Officer, Polling Assistant Jobs

The Commission invites applications for Presiding Officers and Polling Assistants to serve at polling stations across the country. Applicants must be registered voters, of high moral character and integrity, and preferably residents of the respective polling areas. Experience in election-related

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Forces Behind Commissioner Land Registration Mugaino’s Illegal Cancellation Of Makerere Prime Land Title Unearthed

Forces Behind Commissioner Land Registration Mugaino’s Illegal Cancellation Of Makerere Prime Land Title Unearthed

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

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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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Minister Otafiire reverses police ban on NUP candidate Paul Mwiru’s radio festival

Minister Otafiire reverses police ban on NUP candidate Paul Mwiru’s radio festival

The Minister in a letter to the Inspector General of Police, Abas Byakagaba, ordered the "Endigito Ya Busoga" event to proceed as planned next week, describing its ban as politically motivatedMinister of Internal Affairs, Major General (Rtd) Kahinda Otafiire, has overturned a po

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