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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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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:

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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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Rocky star Sylvester Stallone, 79, uses cane in public for first time during award ceremony

Rocky star Sylvester Stallone, 79, uses cane in public for first time during award ceremony

The Rambo star was seen at 48th Kennedy Center Honors in WashingtonSylvester Stallone made a striking impression as he stepped onto the red carpet at the 48th Kennedy Center Honors in Washington, D.C., on December 7, 2025. The 79-year-old Hollywood icon, being

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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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Dr Ggoobi Visits NARO Anti-Tick Vaccine Facility Ahead of Commercial Production

Dr Ggoobi Visits NARO Anti-Tick Vaccine Facility Ahead of Commercial Production

The Permanent Secretary and Secretary to the Treasury (PSST), Dr Ramathan Ggoobi, has visited the National Agricultural Research Organisation (NARO) Anti-Tick Vaccine facility at Nakyesasa to assess readiness and requirements ahead of its upcoming commercial production.Dr Ggoobi

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