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KACITA Petitions Parliament to Withdraw Sovereignty Bill Over Business Concerns

KACITA acting chairperson, Issa Ssekito

The Kampala City Traders Association has petitioned relevant authorities over the proposed Protection of Sovereignty Bill, 2026, urging Parliament to withdraw it in its current form.

Speaking to Radio Sapientia at KACITA offices in Kampala, the association’s acting chairperson, Issa Ssekito, said the Bill directly affects the business community and cannot be ignored.

Ssekito noted that the association had reviewed the proposed law and identified several areas of concern.

Among them is Clause 13 on economic sabotage, which proposes a 20-year prison sentence.

He warned that the provision could weaken the economy, arguing that it risks criminalizing legitimate financial reporting, auditing, and research.

Instead of promoting accountability, he said, the clause could expose professionals to prosecution.

Ssekito also raised concerns about Clause 22, which imposes an annual cap of UGX 400 million on foreign funding without ministerial approval.

He explained that this requirement could create administrative bottlenecks for banks, lenders, and development partners.

Meanwhile, KACITA is calling on Parliament to allow the traders’ body to present detailed submissions before the Bill proceeds further.

By Charles Katabalwa

27th April 2026

END 

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