– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
AU Chair Mahmoud Ali Youssouf Calls for African Value Creation at Unstoppable Africa 2026
Uganda Plans 6.2% Cut in Public Spending as Oil Production Drives Growth Outlook
US Auto Supplier Veritas Opens First African Manufacturing Facility in Morocco
Senegal Targets Lower Power Costs With Domestic Gas as Fuel Prices Rise
Mozambique Seeks New IMF Programme as Fund Calls for Further Economic Reforms
Fitch Affirms Morocco at BB+ With Stable Outlook, Citing Strong Fiscal Position
Nigeria’s Current Account Surplus Jumps 68% to $7.54 Billion as Oil Exports and Remittances Rise
Ivory Coast to Launch Gold Refinery in 2027 as It Targets Africa’s Top Producer Spot
Nigeria Sets 180-Day Deadline to Launch Digital Free Zones and Retain Tech Investment
TotalEnergies Secures $1.8 Billion Africa Infrastructure Deal With BlackRock’s GIP
Vedanta’s KCM Signs $498 Million Deal for Copper Recovery Plant in Zambia
World Bank Group Mobilizes Record Private Capital as Africa Financing Surges to $22 Billion
IMF Reaches Staff-Level Agreement With Zimbabwe on Second Programme Review
Fitch Says Naira Devaluation Boosted Foreign Subsidiaries of Nigerian Banks
Petrobras Signs Ivory Coast Deals for Eight Offshore Exploration Blocks
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Governance » President Museveni Sworn In for Seventh Term as Uganda Extends His Four-Decade Rule
Governance

President Museveni Sworn In for Seventh Term as Uganda Extends His Four-Decade Rule

by Emmanuel Ebube May 12, 2026
written by Emmanuel Ebube May 12, 2026
FacebookTwitterLinkedinEmail
89

KAMPALA, May 12 – President Yoweri Museveni was inaugurated for a seventh presidential term on Tuesday, extending his hold on power in Uganda into a fifth decade.

The 81-year-old leader, who has governed the East African nation since 1986 after taking power as a guerrilla commander, was declared the winner of January’s presidential election with 72% of the vote.

The election was overshadowed by allegations of fraud and incidents of violence, drawing criticism from opposition groups and observers.

In his inauguration speech, Museveni defended his administration’s economic record and highlighted Uganda’s growth outlook as the country prepares to begin crude oil production.

You Might Be Interested In
  • South Africa’s Ramaphosa to Address Nation Amid Surge in Anti-Foreigner Protests

Uganda’s economy is expected to expand at a double-digit pace in the coming fiscal year, supported largely by the anticipated start of oil exports, a development authorities see as transformative for the country’s long-term growth prospects.

The inauguration also comes amid renewed speculation over succession planning within Uganda’s political establishment.

Museveni is widely believed to favor his son, Muhoozi Kainerugaba, as a potential successor, although the president has repeatedly denied claims that he is grooming him for the presidency.

Opposition figure Bobi Wine, who finished second to Museveni in the last two elections, is currently living in exile in the United States after fleeing Uganda following what he described as a military raid on his residence after the vote.

Museveni’s continued rule reinforces his position as one of Africa’s longest-serving leaders, at a time when several countries across the continent are grappling with political transition, governance reforms and rising public demands for leadership change.

Read Next

  • South Africa Slaps Up to 75% Duties on Chinese Steel Imports

    March 20, 2026
  • Kenya Secures $2.9 Billion Investment Deals at KIICO 2026 Conference

    March 25, 2026
  • Dangote Refinery Cuts Petrol Gantry Price by N75 as Global Oil Prices Ease

    June 16, 2026
  • South Africa PMI Shows Sharp Business Contraction at Fastest Pace in 11 Months

    January 6, 2026
  • How Rising Oil Prices From the Iran Conflict Threaten Africa’s Monetary Easing Cycle

    March 14, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy