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Uganda Bankers' Association writes to Attorney General warning on Protection of Sovereignty Bill

Policy & Legislation Single source Uganda (national) 13 Apr 2026 Severity: 1/5

The Independent reports that the Uganda Bankers' Association, in a letter to Attorney General Kiryowa Kiwanuka dated 13 April 2026, warned that the bill could create uncertainty in the investment climate. The association said the Shs400 million foreign funding cap is very low, that forfeiture provisions pose an "existential risk" to banks, and urged that the Bank of Uganda's primacy in financial regulation be reaffirmed.

A national event, not tied to one district.

Single source: Reported by one outlet; not yet independently confirmed.

Sources

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