Author: felix@elixnews.co.ug
Uganda’s Financial Intelligence Authority (FIA) has hit a historic milestone, becoming the first financial intelligence unit in Africa to achieve the ISO/IEC 27001:2022 international certification for information security. The global standard recognizes the bulletproof integrity of the FIA’s Information Security Management System. At the same landmark ceremony, the authority also launched its new Client Service Charter, setting strict new benchmarks for how it interacts with banks, government bodies, and the public. Financed under the $160 million World Bank-supported Uganda Digital Acceleration Project, the international certification validates the FIA’s ability to protect and manage highly sensitive financial data. Alongside the certification,…
The Chairperson of the Uganda Human Rights Commission (UHRC), Hon. Mariam Wangadya, has urged that Uganda’s ambitious tenfold economic growth strategy must explicitly prioritize citizens’ welfare, dignity, and equal opportunities. True economic progress, she emphasized, cannot be measured solely by national output, but by its tangible impact on the lives of ordinary Ugandans. Hon. Wangadya delivered these remarks during her keynote address today at the Makerere University Human Rights Expo 2026, held at the College of Engineering, Design, Art and Technology (CEDAT). Speaking on the theme “Human Rights in Uganda’s Tenfold Growth Strategy: The Gen Z Perspective,” Wangadya acknowledged the…
KCB Bank Uganda has emphasized that affordable financing is essential to strengthening agribusinesses, securing food supplies, and creating sustainable employment across the country. Speaking at the Public-Private Sector Round Table Discussion on Food Security and Job Creation (October 22–23, 2026), the bank aligned its mission with Prime Minister Robinah Nabbanja, who urged stronger public-private partnerships to transform Uganda’s agricultural value chains. The two-day event, held at the Uganda Industrial Research Institute (UIRI) Namanve Campus, was organized by the African Agribusiness Incubators Network (AAIN) Uganda and the SDG Secretariat under the Office of the Prime Minister. This year’s theme focused on…
The High Court in Kampala has temporarily halted all transactions on the multi-billion estate of the late Bank of Uganda Governor, Prof. Emmanuel Tumusiime Mutebile, amid an escalating legal and criminal battle between his son and widow. On October 27, 2026, Family Division Deputy Registrar Suzanne Aisia Musooli issued interim orders freezing the estate’s assets following a petition by the late governor’s son, Duncan Tumusiime Mutebile. The court barred the current administrators—Mutebile’s widow, Betty Tumusiime Mutebile, and David Kyomukama Mutebile—from selling, transferring, leasing, or operating the estate’s bank accounts, specifically targeting a key account at Bank of Baroda. Crucially, the…
Celebrated Ugandan musician Fik Fameica (Shafik Walukagga) has officially been unveiled as the brand ambassador for Spiro Uganda and East Africa. At a handover ceremony at the company’s Kampala facility, the artist was presented with a brand-new Spiro Ekon electric motorcycle, marking a major push to transition Kampala’s commercial transport sector toward massive operational cost savings. Taking the electric bike for an introductory ride, Fik Fameica highlighted its immediate pocket-friendly advantages. By partnering with the “Sikiwa” hitmaker alongside Nigerian megastar Davido (Spiro’s Global Ambassador), Spiro is targeting Uganda’s youth and the boda boda community—the backbone of the informal economy—to champion…
Somali president hassan sheikh mohamud has made an urgent, face-to-face appeal to president yoweri museveni to halt the withdrawal of ugandan troops (updf) from strategic frontlines. during emergency talks at state house uganda, mohamud warned that pulling ugandan forces out of the lower shabelle region would trigger a catastrophic security vacuum that al-shabaab militants could immediately exploit. Mohamud travelled to uganda on tuesday, october 27, 2026, for talks with museveni. the two leaders discussed security concerns in somalia according to the state house. The areas reportedly affected include barawe, bulo marer, qoryoley and janaale, where ugandan forces have been involved…
dfcu Bank Limited has launched its inaugural Report to Society 2025, detailing how its commercial banking operations and community investments have driven Uganda’s economic development, financial inclusion, and community wellbeing. The report tracks dfcu’s impact across small and medium enterprise (SME) financing, women entrepreneurship, agricultural value chains, and community health. Dr. Winifred Mary Tarinyeba Kiryabwire (Chairperson, dfcu Bank): Stated that the report marks a crucial step in making dfcu’s societal contributions visible. It provides a benchmark for regulators, shareholders, employees, and customers to assess the bank’s transparency, governance, and long-term value creation. “For more than six decades, dfcu has been…
By Carolyne Muyama For decades, the Busoga sub-region in eastern Uganda followed a familiar, albeit challenging, economic rhythm. We all pictured Busoga as vast, rolling sugarcane fields, seasonal rice paddies in low-lying wetlands, and Jinja, once a bustling industrial powerhouse. Today, a journey through the Jinja and Bugiri districts reveals an economy undergoing a profound structural transformation. Subsistence living and over-reliance on a single cash crop are being replaced by a modern, diversified industrial ecosystem, grassroots wealth creation through government programmes, and public infrastructure. Jinja City’s highlight is the New Nile Bridge, a gateway to Busoga and Eastern Uganda. Jinja’s…
Uganda’s premium Bugisu Arabica coffee is undergoing a massive transformation, moving from the rural volcanic slopes of Mount Elgon directly into the cups of Chinese consumers. A strategic cooperation agreement signed between Mbale City and Guiyang City establishes a direct-sourcing partnership that completely bypasses third-party international intermediaries. This diplomatic breakthrough allows Uganda’s flagship agricultural export to protect its single-origin identity and claim its rightful place on the rapidly expanding Asian specialty coffee stage Historically destined to lose its identity inside European and North American espresso blends, Mbale’s celebrated Arabica coffee is executing a pivotal, highly lucrative shift toward Asian markets.…
Uganda could radically slash its US$34.8 million annual fertiliser import bill following a breakthrough by the National Agricultural Research Organisation (NARO). Scientists have developed a locally manufactured, solar-powered nitrogen fertiliser that significantly outperforms conventional imported options. The innovation, known as Nano-Plasma Nitrogen (NPN) fertiliser, recently earned global recognition with its publication in the scientific journal Frontiers in Plant Science. Unlike conventional fertilisers that rely heavily on fossil fuels and natural gas, NARO’s technology leverages clean energy and recycled materials In controlled screenhouse experiments led by researcher Stewart Kyebogola, the locally made nano-fertiliser vastly outperformed traditional imported urea The study was…