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...
News discovery
Find the stories that matter to you.
Results for
106 found
“portfolio”
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...
Malawi launches twice-yearly HIV jab
Malawi yesterday launched Lenacapavir, a twice-yearly injectable HIV prevention medicine amid reflections on whether the country can sustainably finance emerging technolo...
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...
Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus
KAMPALA, Uganda — In a nod to the unsung architects of the city’s bustling commercial landscape, two of Uganda’s most influential tycoons, Sudhir Ruparelia and Haji...
Uganda’s recoverable oil reserves rise to 1.65 billion barrels.
Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum A...
25 things to do before the year runs out
As the year comes to a close, it’s a great time to reflect, reset, and recharge. These 25 straightforward actions can help you clear out clutter, recognise your progres...
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting pressure on tr...
EVELYN LUTWAMA-RUKUNDO: Going, Going: Is Aidah Nantaba For Marriage or Politics? Women and Politics in Uganda Today
Over the weekend I awoke to a disorienting article on my phone news reporting app: ‘I’M READY TO MARRY NANTABA AS SECOND WIFE: NUP Legislator Vows as Kayunga Campaign...