Museveni Drops 22 Ministers in New Cabinet Reshuffle
President Yoweri Kaguta Museveni has unveiled a new Cabinet for the next five years, dropping at least 22 ministers in a sweeping reshuffle. In a statement, Museveni said the appointments were made in accordance with the Constitution of Uganda. “By virtue of the powers given to the President of Uganda
Pearl Bank posts Shs47b profit in first results since rebrand
Pearl Bank Uganda has reported strong financial results for the year ended December 31, 2025, posting a net profit of Shs47.3 billion in its first performance release since rebranding from PostBank Uganda. The results signal a solid start under the bank’s new identity, following shareholder approval of the name change
Anite courts investor support as Uganda pursues $500b economic ambition
The State Minister for Finance in charge of Privatisation and Investment, Evelyn Anite, has renewed calls for public support toward foreign investors, as government intensifies efforts to drive Uganda toward a $500 billion economy. Speaking during a meeting with a delegation of Chinese investors led by Paul Zhang, Anite framed
Gov’t Courts New Alcohol Brands to Strengthen Economy and Jobs
Uganda has intensified efforts to attract foreign direct investment in manufacturing, with the Minister of State for Investment and Privatisation, Evelyn Anite, calling on global alcohol brands to establish production facilities in the country. Speaking at the launch of Offshore Vodka from Australia, Vodka Cruisers from New Zealand, and Tequila
Evelyn Anite Opens Up on Blowing Shs 500 million and Losing Her Seat
State Minister for Investment and Privatization, Evelyn Anite, has revealed that she does not regret supporting the removal of the presidential age limit. Reflecting on her political journey from 2011 to 2021—when she lost her seat as Koboko Municipality MP—Anite stood by her controversial stance. The age limit bill, tabled
