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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M23 Rebels Capture Kamanyola, Luvungi Towns in Advance to Uvira Near Burundi Border
Congo’s army has accused Rwanda and M23/AFC rebels of intensifying cross-border artillery bombardments on populated areas of South Kivu, just two days after Kinshasa an...
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...
Meet Africa’s female tyrant ‘Butcher of Tanzania’ who ‘murdered 10,000 of her own people & dumped bodies in mass graves’
TANZANIA breathed a sigh of relief when President Samia Suluhu Hassan took power.After her authoritarian predecessor President John Magufuli died in 2021, the softly-spok...
Forces Behind Commissioner Land Registration Mugaino’s Illegal Cancellation Of Makerere Prime Land Title Unearthed
The controversy surrounding the cancellation of the certificate of title for Kibuga Block 28 Plot 540 (worth billions of shillings) at Makerere which belongs to an 82-yea...
Campaign Disruption in Aswa West!! Authorities Intervene as Kyagulanyi Defies Rally Rules
The Territorial Police in Aswa West Region prevented the National Unity Platform (NUP) presidential candidate, Hon. Kyagulanyi, from proceeding to a location outside his...
Forgot City, forgot Chelsea; Arsenal’s biggest test is a growing injury crisis
Christmas looks to have come early for Arsenal fans.In Europe, they top the table with a perfect record while on the domestic front, Chelsea’s surprise loss to Leeds an...
Tulip Siddiq MP given jail sentence in Bangladesh after trial in her absence
Labour MP and former minister Tulip Siddiq has been sentenced to two years in prison in Bangladesh after being put on trial in her absence alongside 16 other people over...
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...
FAUMA Urges Govt to Deploy Legal Teams in Embassies to Protect Migrant Workers
The Federation of All Uganda Migrant Workers (FAUMA) has asked the government to immediately establish dedicated legal teams at Uganda’s embassies in major labour-recei...