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...
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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) (ASSOC...
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 Connectivit...
: 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 injuri...
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...
Presidential candidate Munyagwa’s father throws weight behind President Museveni ahead of 2026 elections
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 Presid...
URA Arrests Two over US$24,000 Super Match Cigarette Export Scam
The Uganda Revenue Authority (URA) has arrested Frank Mugisha and Muhumuza George suspected of running a fraudulent “export” scheme involving Super match cigarettes...
GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam
Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Ar...
BREAKING! Kenyan Politician Who Went Missing Found in Mbale City – Uganda
Kenyan politician and former aspirant for the Tinderet parliamentary seat, Shadrack Maritim, who went missing in October, has been found alive in Uganda.Maritim, who went...
FRANKLIN KAROKORA: Rwakasisi must seek true forgiveness, not dodge murder conviction
Following the National Prayer Breakfast on forgiveness, OPED author Franklin G. Karokora challenges Chris Rwakasisi to stop dodging his mass murder conviction and show re...