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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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From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses

From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses

Investing in public companies holding bitcoin and other digital tokens was a major trend earlier this year, but the market has turned …Bitcoin itself is down only 6%. Around 70% of digital asset treasuries are expected to finish the year lower than their starting value. Image: Angel Garc

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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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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, Kyagulany

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Uganda–Qatar Embassy Hosts Successful Diaspora Convention in Doha

Uganda–Qatar Embassy Hosts Successful Diaspora Convention in Doha

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

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Uganda Prisons Service announces major transfers, appointments of senior officers

Uganda Prisons Service announces major transfers, appointments of senior officers

Franks Baine, the Prisons SpokespersonKAMPALA — The Uganda Prisons Service has announced a wide-ranging reshuffle of its senior officers, aimed at enhancing professionalism, optimizing performance, and improving service delivery across the country.

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Seven nominated for Mbale city mayoral race

Seven nominated for Mbale city mayoral race

One of the candidates Joyce Matuka KiduluSeven candidates have been officially nominated to contest the Mbale City mayoral election, setting the stage for a hotly contested race.The candidates include Cassim Namugali Wamatabu of the Forum for Democ

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Prosecuting Prof. Balunywa is a National Disgrace — Hands Off Our Academic Giants

Prosecuting Prof. Balunywa is a National Disgrace — Hands Off Our Academic Giants

Uganda woke up to the shocking news that Prof. Waswa Balunywa, the man who turned Makerere University Business School (MUBS) into the academic powerhouse it is today, is set to appear in court on August 21 over abuse of office and causing financial loss.T

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Bukedi South RPC Ahimbisibwe Transferred to Aswa West in Police Reshuffle

Bukedi South RPC Ahimbisibwe Transferred to Aswa West in Police Reshuffle

Senior Superintendent of Police (SSP) Fred Ahimbisibwe, who has served as the Regional Police Commander (RPC) for Bukedi South for over a year, has been transferred to the Aswa West policing region, with his new duty station in Gulu City.The move comes as part of a broader police reshuffle

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