Kampala, Uganda – President Yoweri Kaguta Museveni has addressed public concerns surrounding the proposed Sovereignty Bill, emphasizing that the legislation is intended to safeguard Uganda’s independent decision-making rather than restrict economic activity or international financial flows.
In a statement directed to Ugandans, particularly the youth (Bazzukulu), the President noted that recent public discourse has mischaracterized the intent of the Bill. He firmly dismissed claims that it seeks to halt foreign direct investment (FDI), remittances from Ugandans abroad, or financial support to religious institutions.
“That is not the Bill I initiated,” President Museveni clarified, stressing that Uganda remains committed to a free-market economy that encourages private sector growth and cross-border financial flows.
According to the President, the Sovereignty Bill is rooted in Africa’s long historical struggle for independence and self-determination, tracing back to the early 20th century and culminating in milestones such as the end of apartheid in South Africa in 1994. He underscored that the legislation seeks to protect Uganda’s sovereign right to make independent policy decisions across political, social, economic, and diplomatic spheres.
Drawing from the philosophy of Julius Nyerere, President Museveni reiterated that true independence includes the right for nations to make their own choices—even mistakes—without external interference.
The President reassured both local and international stakeholders that Uganda will continue to support foreign direct investment, remittances from Ugandans in the diaspora, financial support to religious organizations, and the free movement of capital through private financial systems. He emphasized that Uganda’s liberal economic framework, including privately operated foreign exchange markets, remains a cornerstone of national growth and resilience.
President Museveni cautioned against foreign influence in Uganda’s internal policy processes, particularly through funding or advocacy aimed at shaping national decisions. He noted that Uganda’s sovereignty is exercised through democratic mechanisms such as elections and referenda, as enshrined in the Constitution.
The President further revealed that he has engaged key government officials, including Hon. Hamson Obua and parliamentary committee leaders, to ensure that the Bill remains focused strictly on protecting policy sovereignty without encroaching on economic freedoms.
In closing, President Museveni called for constructive engagement, urging individuals and groups to influence society through positive actions rather than coercion or manipulation, emphasizing leadership by example.
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