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...
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...
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...
Etania Mutoni: Female DJs face unfair criticism from insecure male peers.
Media personality and DJ Etania Mutoni has called out male DJs who undermine their female counterparts, saying their criticism is rooted in insecurity rather than ability...
Besigye Moves to Halt Treason Trial Over Constitutional Petition
The prosecution further alleges that Besigye sought surface-to-air missiles, ricin poison, counterfeit currency, and planned to use drone technology to assassinate Presid...
Singapore executes three men for drug offences over two days
Singapore hanged three people for drug offences last week, bringing the total number of executions to 17 this year - the highest since 2003.These come a week before a con...
Musk says H-1B visas being 'gamed' by outsourcing firms
Tesla boss Elon Musk has said H-1B visas were being "gamed" by "some outsourcing companies", but the solution was stopping the abuse and not dismantling the system.Roug...
Judge: URA Wrongfully Fired David Kalemera Despite Evidence of Tax Scheme
Uganda’s Industrial Court has ruled that the Uganda Revenue Authority (URA) unlawfully dismissed former customs officer David Kalemera, awarding him about 51 million sh...
JUST IN! Police Recover 40 Number Plates of Stolen Motorcycles in Oyam District.
Police displays the number platesPolice has recovered 40 number plates belonging to stolen motorcycles in Oyam district.According to Patrick Okema, Police Spokesperson, N...