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
Hajji Bruhan Sserunga, a veteran community leader and father of Hon. Mubarak Munyagwa, the presidential candidate for the Common Man’s Party, has publicly hailed President Yoweri Kaguta Museveni for his exceptional leadership, sending a strong message of respect and confidence ahead of the elec
MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market
Manchester United look set for another busy transfer window in January.Sir Jim Ratcliffe is reportedly set to use his connections in the January windowSir Jim Ratcliffe is reportedly set to use his connections in the January window Manchester United have already de
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 he
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards th
A Manchester United target was left in tears when he found out about their interest.Marcus Rashford of Manchester United helps Wout Weghorst to his feet.Marcus Rashford of Manchester United helps Wout Weghorst to his feet. Former Manchester United striker Wout Wegh
Dancehall star Ziza Bafana has taken a sharp jab at Masaka businessman Emmanuel ‘Acram’ Lwasa, saying the financial turmoil he is currently facing is only the start of his suffering. According to Bafana, nothing Lwasa is going through should come as a surprise.“
Public transport was banned in the country in the wake of a coronavirus outbreakOn most mornings in the city, before the sun has burned the mist off Kampala’s hills or the jam has begun to choke roads, you can already hear them, hundreds of boda bodas revving awake, a restless swarm prep
Santiago Giménez's future at AC Milan has become increasingly uncertain, even though his contract runs through 2029. Local reports suggest the Mexican striker may be nearing the end of his spell at San Siro, drawing interest from several clubs across Europe — including a surprising contender i
