• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Museveni confirms his 2026 bid for another term, charts Uganda’s path to $500 billion economy

Museveni confirms his 2026 bid for another term, charts Uganda’s path to $500 billion economy

July 7, 2025
Vivo Energy Uganda and MTN MoMo offer customers 20% cashback with “Fuel Happy Hour” promotion

Vivo Energy Uganda and MTN MoMo offer customers 20% cashback with “Fuel Happy Hour” promotion

November 3, 2026
Uganda Records 34,000 New HIV Infections as Young Women Bear Disproportionate Burden

Uganda Records 34,000 New HIV Infections as Young Women Bear Disproportionate Burden

November 3, 2026
BREAKING: West Ham sack Manager Nuno Espírito Santo

BREAKING: West Ham sack Manager Nuno Espírito Santo

November 3, 2026
Police in Rubanda Hunt 17-Year-Old Suspect in Murder of Nursery Child

Husband Murders Wife, Later Lynched by Mob

November 3, 2026
2026 PLE: Luzira Upper Prison School Presents 53 Candidates as National Examinations Kick Off

2026 PLE: Luzira Upper Prison School Presents 53 Candidates as National Examinations Kick Off

November 3, 2026
Rising fuel prices should change how Ugandan factories produce heat – Atharva Tembhekar

Rising fuel prices should change how Ugandan factories produce heat – Atharva Tembhekar

November 2, 2026
Amb. Nekesa Donates Land for Construction of NRM District Offices in Busia

Amb. Nekesa Donates Land for Construction of NRM District Offices in Busia

November 2, 2026
Airtel Uganda Celebrates Kyaggwe’s Historic First-Ever Airtel Masaza Cup Triumph

Airtel Uganda Celebrates Kyaggwe’s Historic First-Ever Airtel Masaza Cup Triumph

November 2, 2026
CONFIRMED: UPDF starts withdrawing troops from Somalia

CONFIRMED: UPDF starts withdrawing troops from Somalia

November 2, 2026
East African Crude Oil Pipeline (EACOP) Ltd. Hands Over Sanitation Facilities and Sports Equipment to Kabonera Community.

East African Crude Oil Pipeline (EACOP) Ltd. Hands Over Sanitation Facilities and Sports Equipment to Kabonera Community.

November 2, 2026
Businessman Seeks Apology Before Resuming Mediation in Family Property Dispute

Ahabwe Takes Tukahirwa Election Dispute to Court of Appeal

November 2, 2026
Court summons Deputy Mufti to Appear in Shs1.2bn Gold Deal Case

High Court Restores Muslim Council’s Ownership of Ndejje Quality School Land

November 2, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, November 4, 2026
  • Login
Ugnews Line
  • Home
  • News
    • Sports
    • Crime
    • Business
    • Politics
    • Blogs
  • Tech
  • Agriculture
  • Opinion
  • Entertainment
  • Lifestyle
Ugnews Line
No Result
View All Result
Home Blogs

Museveni confirms his 2026 bid for another term, charts Uganda’s path to $500 billion economy

by Raymond Hassan Sango
July 7, 2025
in Blogs, News, Politics, World
Reading Time: 3 mins read
A A
0
16
SHARES
90
VIEWS
Share on FacebookShare on TwitterLinkedinWhatsAppEmail

President Yoweri Kaguta Museveni has officially declared his candidacy for Chairman of the National Resistance Movement (NRM) for the 2025–2031 term and as the NRM’s presidential flag bearer for the 2026–2031 elections, reaffirming his commitment to steering Uganda into a high middle-income economy.

In a lengthy national address delivered following his nomination by the NRM Electoral Commission, Museveni thanked supporters and party structures for their continued trust. He invoked the historical mission of the NRM, recalling its origins as a student movement in 1965 that sought to overcome sectarianism and political fragmentation in a deeply divided post-independence Uganda.

“Our journey began when Uganda was disintegrating, politically polarized along tribal and religious lines, with weak institutions and an economy on life support. By 1986, the country had suffered three major traumas: political collapse, institutional decay, and economic ruin,” Museveni said.

He described the NRM’s legacy in five sweeping phases: liberation (1965–1986), stabilization (1986–2025), recovery of key export sectors (the “3Cs and 3Ts”: coffee, cotton, copper, tobacco, tea, and tourism), expansion of the economic base, and diversification into commercial agriculture, value addition, and the knowledge economy.

President Museveni after nomination.

According to Museveni, these deliberate efforts have transformed Uganda from a failed state into a modern economy with a current GDP of USD 61 billion by the exchange rate method and USD 172.2 billion by purchasing power parity. “Uganda is no longer a Least Developed Country. We have reached lower middle-income status with a GDP per capita of USD 1,263,” he said.

But the journey, he added, is far from over.

Nation poised for a leap

Museveni said his return to the political arena is driven by two core missions: first, to solidify national understanding of six pillars of prosperity, peace, development, wealth creation, job creation, delivery of essential services, and access to markets through regional integration. Second, to oversee Uganda’s transformation from a USD 66 billion lower-middle-income economy (projected by June 2026) to a USD 500 billion high middle-income economy in the next few years, not by 2040, which he called “too far.”

“Agricultural raw materials alone cannot take us to that next level,” Museveni said. “We must embrace full-scale value addition and industrialization. Coffee sold as raw beans fetches USD 2.5 per kg; when roasted, ground, and packaged, it sells for USD 25 to 40. That’s where the transformation lies.”

He cited the example of Uganda’s refined tin ore, which fetches USD 33.66 per kg at 99.85% purity, double the price of unrefined ore. Museveni said similar gains are possible with gold, copper, and other minerals if Uganda embraces vertical and horizontal industrial integration, attracting manufacturers to build value-added industries within the country.

Museveni also emphasized the role of science, technology, and innovation, pointing to sectors like automobile assembly, pharmaceuticals, electronics, and ICT. “With a well-educated population and natural resources, we have everything we need to leap forward,” he declared.

Future of the NRM

Museveni used the address to welcome newly elected NRM leaders across Uganda, most of them young, and reminded them that leadership must be grounded in ideology, not biology or personal ambition.

“Politics is not about ‘jobology’. It’s about ideology, vision, and conviction,” he said. “The three historical missions remain: ensuring prosperity, guaranteeing strategic security for Africa, and building African brotherhood (Undugu).”

He urged the new leaders to focus on wealth creation and to resist the temptation of treating politics as a livelihood. “If we had embraced that mindset, Uganda would not have been rescued. My generation,Kategaya, Ruzindana, Rwaheeru and others, left secure government jobs to fight for Uganda’s freedom,” he said.

He encouraged young leaders to use government programs like the Parish Development Model (PDM) and Emyooga to become economically self-reliant and to lead by example.

Museveni once again identified corruption as the most significant barrier to Uganda’s progress, insisting that its elimination is not only possible but essential. “We have done well. But we can do far better if we eliminate corruption,” he declared.

He reiterated that Uganda’s development cannot be isolated from the wider African continent. “Our efforts must also contribute to Africa’s integration,” he said. “A fragmented Africa cannot guarantee strategic security or market access for our wealth creators.”

He concluded his address with a rallying cry to Ugandans: “The next five years are critical. If we build on what we have achieved, deepen industrialization, and maximize value addition, Uganda will not just grow — it will leap. I am ready to serve.”

Raymond Hassan Sango

Raymond Hassan Sango

Related Posts

Vivo Energy Uganda and MTN MoMo offer customers 20% cashback with “Fuel Happy Hour” promotion

Vivo Energy Uganda and MTN MoMo offer customers 20% cashback with “Fuel Happy Hour” promotion

by Ugnewsline Reporter
November 3, 2026
0
58

KAMPALA, Uganda (UGNEWSLINE) -  Vivo Energy Uganda, the company that markets and distributes Shell-branded fuels and lubricants in Uganda and...

Uganda Records 34,000 New HIV Infections as Young Women Bear Disproportionate Burden

Uganda Records 34,000 New HIV Infections as Young Women Bear Disproportionate Burden

by Ugnewsline Reporter
November 3, 2026
0
70

KAMPALA Uganda (UGNEWSLINE) -  Despite a 64 per cent decline in new infections since 2010, Uganda faces a growing challenge in...

BREAKING: West Ham sack Manager Nuno Espírito Santo

BREAKING: West Ham sack Manager Nuno Espírito Santo

by Ugnewsline Reporter
November 3, 2026
0
61

SPORTS (UGNEWSLINE) - West Ham have sacked manager Nuno Espírito Santo after their poor start to the Championship season. West...

2026 PLE: Luzira Upper Prison School Presents 53 Candidates as National Examinations Kick Off

2026 PLE: Luzira Upper Prison School Presents 53 Candidates as National Examinations Kick Off

by Wasswa Deo
November 3, 2026
0
68

KAMPALA, Uganda (UGNEWSLINE) – A total of 53 candidates from Uganda Government Upper Prison School in Luzira are among the...

  • Makerere University’s CEDAT Trains 250 Construction Site Workers

    Makerere University’s CEDAT Trains 250 Construction Site Workers

    26 shares
    Share 10 Tweet 7
  • Makerere’s CHUSS Pledges to Strengthen Collaboration with JICA Program for Japanese Studies

    26 shares
    Share 10 Tweet 7
  • Gov’t, UWASNET Unveil first-ever WASH Impact and Influence Awards’ categories

    37 shares
    Share 15 Tweet 9
  • The search for Miss and Mr University Uganda is Back

    70 shares
    Share 28 Tweet 18
  • The third edition of Business Languages Festival 2025 launched

    30 shares
    Share 12 Tweet 8
Vivo Energy Uganda and MTN MoMo offer customers 20% cashback with “Fuel Happy Hour” promotion

Vivo Energy Uganda and MTN MoMo offer customers 20% cashback with “Fuel Happy Hour” promotion

November 3, 2026
Uganda Records 34,000 New HIV Infections as Young Women Bear Disproportionate Burden

Uganda Records 34,000 New HIV Infections as Young Women Bear Disproportionate Burden

November 3, 2026
BREAKING: West Ham sack Manager Nuno Espírito Santo

BREAKING: West Ham sack Manager Nuno Espírito Santo

November 3, 2026
  • Trending
  • Comments
  • Latest
Ugandan Veterinary Professionals Petition Government Over “Punitive” Licensing Fee Hike

Ugandan Veterinary Professionals Petition Government Over “Punitive” Licensing Fee Hike

April 30, 2026
Over 500 Students Gather at Gayaza High for 11th Annual School Farm Camp

Over 500 Students Gather at Gayaza High for 11th Annual School Farm Camp

August 23, 2025
Court Declares Mandatory Police Enrollment into Exodus SACCO Unconstitutional

Court Declares Mandatory Police Enrollment into Exodus SACCO Unconstitutional

July 15, 2026
UCE RESULTS: Fort Portal secondary school shines again

UCE RESULTS: Fort Portal secondary school shines again

February 11, 2025
Busoga’s Coffee Farmers Told to Register or Risk Losing Market Share

Busoga’s Coffee Farmers Told to Register or Risk Losing Market Share

1
Members of parliament propose a motion for gov’t to establish waste management fund

Members of parliament propose a motion for gov’t to establish waste management fund

1
Moneylenders guide public on how to steer clear of illegal operators

Moneylenders guide public on how to steer clear of illegal operators

1
Yara, Ministry of Agriculture partners to Strengthen Agricultural Standards

Yara, Ministry of Agriculture partners to Strengthen Agricultural Standards

1
Vivo Energy Uganda and MTN MoMo offer customers 20% cashback with “Fuel Happy Hour” promotion

Vivo Energy Uganda and MTN MoMo offer customers 20% cashback with “Fuel Happy Hour” promotion

November 3, 2026
Uganda Records 34,000 New HIV Infections as Young Women Bear Disproportionate Burden

Uganda Records 34,000 New HIV Infections as Young Women Bear Disproportionate Burden

November 3, 2026
BREAKING: West Ham sack Manager Nuno Espírito Santo

BREAKING: West Ham sack Manager Nuno Espírito Santo

November 3, 2026
Police in Rubanda Hunt 17-Year-Old Suspect in Murder of Nursery Child

Husband Murders Wife, Later Lynched by Mob

November 3, 2026
Ugnews Line

Copyright © 2024 Ugnewsline.

Navigate Site

  • Home
  • News
  • Tech
  • Agriculture
  • Opinion
  • Entertainment
  • Lifestyle

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Sports
    • Crime
    • Business
    • Politics
    • Blogs
  • Tech
  • Agriculture
  • Opinion
  • Entertainment
  • Lifestyle

Copyright © 2024 Ugnewsline.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.