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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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China's exports grow 5.9% in November, while US shipments drop 29%

China's exports grow 5.9% in November, while US shipments drop 29%

FILE - Vehicles and trucks for export wait for transportation from a port in Yantai in eastern China's Shandong province on Jan. 2, 2025. (Chinatopix via AP, File) (ASSOCIATED PRESS)HONG KONG (AP) — China’s exports returned to growth in November following an unexpected contraction the

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Keeping your festive spending under control

Keeping your festive spending under control

Januworry hits hard when December’s early payday meets festive overspending, but with a few simple habits, you can avoid the five-week squeeze.Holiday cheer fades fast, your expenses don't. Keep a weekly spending cap and resist the urge to spend more just because you earned mo

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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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5 Foods You Should Eat Less of After 50, According to Dietitians

5 Foods You Should Eat Less of After 50, According to Dietitians

Cutting back on these everyday foods can help you feel stronger, sharper and healthier in your 50s.Key PointsTurning 50 is a great time to start making healthier food choices to support aging.Though no food is completely off-limits, keep fried, sugary, s

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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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Big rally crowds don’t win elections’ - Janet Museveni

Big rally crowds don’t win elections’ - Janet Museveni

Mrs Museveni's comments came during a political climate where the size of rally crowds has become the dominant measure of a candidate’s popularity. Uganda’s First Lady, Janet Museveni, has cautioned members of the ruling National Resistance Movement (NRM) against complacency

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TRAGIC! Sudden HR boss death strikes UNEB

TRAGIC! Sudden HR boss death strikes UNEB

Uganda’s education sector is reeling after the sudden death of Sebastian Mwendha Ngobi, the Director of Human Resources & Administration at the Uganda National Examinations Board (UNEB).Ngobi, a veteran education administrator, died on the evening of Friday, 5th December,

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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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