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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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%. A...
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...
Anne Juuko resigns from Standard Bank Group
Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for...
Over 120,000 home cameras hacked for 'sexploitation' footage
Four people have been arrested in South Korea for allegedly hacking over 120,000 video cameras in homes and businesses and using the footage to make sexually exploitative...
Parliamentary Sacco Assets Rise 14% to Shs 86.3bn
Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion...
Central Bank of Russia eases restrictions, opens mutual funds to crypto investments
Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first p...
Ed Sheeran admits his daughters prefer Moana soundtrack over his hit songs
Ed Sheeran's impressive music career has seen him win several Grammys, Brit Awards and number one hits but his daughters would rather listen to a Disney soundtrack than h...
Ava Peace Dares Sheebah & Vinka to Music Battle
Reigning Artist of the Year, Ava Peace has sparked a major murmur after boldly announcing that she’s ready to face Sheebah or Vinka in a full-blown music battle.
I saw a woman I didn't know in our wedding pictures
A bride has been left stunned after discovering a stranger mingling in her wedding photos, months after her big day.Sharing her ordeal to