Bank of Uganda in the spotlight as Uganda debates the Protection of Sovereignty Act 2026; central bank stance on civic space under scrutiny. Open to context: Uganda’s central bank (est. 1966) is government-owned but independent in mandate.
Parliament has passed the Protection of Sovereignty Bill after amendments, with Museveni approving the measure. The law tightens controls on foreign-funded actors, introduces penalties, and aims to shield policy autonomy. Critics warn it risks suppressing civil society, media, and dissent while supporters say it defends national sovereignty.