Author: felix@elixnews.co.ug
By Felix Oketcho Makerere University is set to undergo a major transformation following the acquisition of $162 million from Korea Export-Import Bank (KEXIM) to rehabilitate and expand its aging infrastructure. Speaking at the 76th graduation ceremony,Vice Chancellor Prof. Barnabas Nawangwe announced that the funds will finance the construction of new facilities across multiple schools and colleges. “The loan will enable us to build a new laboratory and lecture block for the School of Medicine, new buildings for the School of Dentistry and School of Engineering, a new building to house the Science and Technology Centre, and completion of the School of…
President Yoweri Kaguta Museveni hosted high-level UK–India–Uganda Multi-Sectoral Trade Delegation at State House, Entebbe, where he underscored the importance of continental economic integration as a pathway to shared global prosperity. The delegation comprised members of the Westminster Africa Business Association (WABA), led by CEO Laurence Robertson, and the South Asia Chamber of Commerce and Industry (SACCI), led by Chairman Mahendrasinh Jadeja. The British High Commissioner to Uganda, H.E. Lisa Chesney, also attended the meeting. Discussions focused on strengthening trade, investment, and manufacturing partnerships among the United Kingdom, India, and Uganda. President Museveni emphasized that sustainable prosperity is built on linking…
By Felix Oketcho Pearl Bank Uganda has entered a four-year strategic partnership with the Joint Clinical Research Centre (JCRC) to establish a specialized Bone Marrow Transplant (BMT) Centre in Uganda, According to officials this move is aimed at expanding access to life-saving treatment for patients battling sickle cell disease, HIV-related complications and other complex blood disorders. The partnership was unveiled at JCRC’s offices in Lubowa, Entebbe, where Pearl Bank presented a dummy cheque worth shs200 million as part of its financial commitment to the project. JCRC agovernment entity plans to raise $4million through a nationwide fundraising campaign to finance the…
Democratic Party (DP) President and Member of Parliament for Laroo-Pece Division, Nobert Mao has formally declared his bid for Speaker of the 12th Parliament, describing the current occupant of the office as an “accidental speaker.” Ad the media in Kampala Mao said he had concluded extensive consultations with stakeholders, including fellow MPs-elect, before announcing his candidacy for the top parliamentary position. Mao argued that the current Speaker, Anita Among, assumed office under unforeseen circumstances following the death of her predecessor, Jacob Oulanya. “Unfortunately, we lost Jacob Oulanya. So we got an accidental speaker, yes, because nobody plans for death. It was not…
The Public Procurement and Disposal Asset Appeals Tribunal has dismissed an application by Roko Construction challenging its disqualification from sh 65bilion tender floated by the Uganda Bureau of Statistics (UBOS). In a detailed ruling, the tribunal upheld UBOS’s decision to eliminate Roko at the preliminary stage and confirmed the award to CRJE East Africa Ltd. The dispute arose from a procurement for the construction of an office block along Airport Road in Entebbe . The bid notice was published in the New Vision on November 13, 2025. Seven companies submitted bids on December 12, 2025, including Roko, China Civil Engineering…
Butabika National Referal Mental Health Hospital has raised concern over sharp increase in mental health cases in Uganda. Dr. Juliet Nakku, Executive Director, says the number of patients seeking treatment especially youths has significantly risen. “Butabika Hospital is too full due to the rising number of people with mental health conditions. Most of the patients are youths,” Dr. Nakku said. She noted that the hospital lacks adequate space and beds to accommodate new patients. “Right now, we do not have enough space. The beds in the facilities are not enough, yet the patients are many,” she added. Dr. Nakku attributed…
Bill & Melinda Gates Foundation Trust, founded by billionaire Bill Gates, has continued to sell Microsoft shares. He co-founded Microsoft with Paul Allen in 1975 and served as the company’s CEO until 2000 and its chairman until 2014. Under his leadership, Microsoft revolutionized the personal computing industry. Microsoft is best known for its Windows operating system and Office suite, but it also has a strong position in the global cloud and gaming industries. The company’s success made him the world’s youngest self-made billionaire in 1987 and held the title of the world’s richest person for nearly two decades. In 2000,…
By Felix Oketcho In a bid to strengthen her energy security and regional cooperation,Uganda has acquired a 20.15% strategic stake in the Kenya Pipeline Company. Ruth Nankabirwa, the Minister of Energy and Mineral Development revealed that Uganda secured the shareholding as part of KPC’s listing on the Nairobi Securities Exchange (NSE). She noted that Under the listing arrangement, 65% of KPC’s issued share capital is being offered to local, regional, and international investors, while the Government of Kenya will retain a 35% stake. Uganda imports approximately 95% of its petroleum products, equivalent to nearly 2.96 billion litres annually, primarily through Kenya via…
DFCU Bank has officially opened its Namanve branch in the heart of one of Uganda’s fastest-growing industrial hubs. Set within the bustling Namanve Industrial Park, the event signaled strong confidence in Uganda’s growing industrial and manufacturing future. The branch becomes dfcu’s 55th nationwide presence and the second bank to establish a physical footprint inside the park. Minister of State for Trade, Industry and Cooperatives Hon.David Bahati underscored the significance of situating financial services within industrial zones. He congratulated dfcu for aligning with government priorities and highlighted that Uganda currently has 12 operational industrial parks, with plans to expand to 22 nationwide. Bahati noted…
In a bid to to realise Uganda’s ten fold growth,Ministry of Trade, Industry and Cooperatives (MTIC) has organized National Trade Review Conference (TRC) 2026 which will serve as a critical moment of reflection for Uganda’s trade sector. According to MTIC officials government and private sector leaders will undertake a comprehensive stock-taking of the country’s trade performance and readiness to deliver on its ambitious tenfold economic growth agenda. Planned for March 4–5 conference at Speke Resort Munyonyo the conference will bring together between 250 and 350 participants to assess how Uganda’s trade systems, policies, and institutions are positioned to support the…