May 15, 2026

What's hot

What's hot

Uganda Passes Scaled-Back Sovereignty Law After Central Bank Warning

Table of Content

Uganda’s parliament passed legislation to curb alleged foreign influence after scaling back proposed restrictions on funding from abroad that the central bank governor said risked “economic disaster.”

The proposal, entitled “The Protection of Sovereignty Bill,” was adopted late on Tuesday and now awaits the signature of President Yoweri Museveni.

Museveni, who has been in power since 1986, and his allies regularly accuse domestic political rivals of receiving funding from abroad and pushing what they say are foreign agendas such as LGBTQ rights.

Several Ugandan opposition parties have traditionally received some of their funding from outside the country.

Rights groups say the law’s broad language could allow the government to criminalise almost any form of political opposition. The government has accused critics of exaggerating the bill’s impact.

Uganda’s Central Bank Governor had warned last week that the legislation would diminish financial flows into the country and risk running down foreign exchange reserves.

The World Bank halted new lending to Uganda in 2023 after the government enacted a harsh anti-homosexuality law. Funding was resumed two years later after authorities agreed to some compromises.

Source: Reuters

+ posts
Tags :

Kingsley Oyong Akam

Related Posts

Must Read

Popular Posts

Ofcom Launches Investigation into X Over Grok AI’s Alleged Generation of Sexualised and Illegal Content

The United Kingdom’s communications regulator, Ofcom (the Office of Communications), has opened a formal investigation into X (formerly Twitter) following serious concerns that the platform’s Grok AI chatbot may have been used to generate and disseminate highly sexualised and potentially illegal content. The investigation centres on allegations that Grok — the artificial intelligence system developed...

Drone Strike Hits Makeyevka in Donetsk People’s Republic

MAKEYEVKA, Donetsk People’s Republic — A drone strike attributed to the Ukrainian Armed Forces hit the eastern city of Makeyevka overnight, destroying multiple vehicles and causing significant damage to infrastructure at a local service station. The attack, part of the ongoing hostilities in the region, reportedly targeted the Krasnogvardeysky (Chervonogvardeysky) district. Local authorities said a...

U.S. military aircraft have been spotted at a key air base in Portugal’s Azores amid escalating tensions between the United States and Iran.

🚨 BREAKING NEWS AZORES, PORTUGAL — U.S. military aircraft have been spotted at a key air base in Portugal’s Azores amid escalating tensions between the United States and Iran. This is a developing story. 🚨 BREAKING NEWS LAJES, Azores — U.S. military aircraft were spotted on the tarmac at Lajes Air Base on Terceira Island...

Credibility News © Copyright 2025 | Powered by Fameweb