Skip to content
March 21, 2026
  • Menu
  • Search
  • Follow us:
  • Facebook
  • Twitter
  • YouTube
  • Snapchat
  • More
CEO East Africa
 
Thought Leadership
  • Business & Markets
    • The Big Story
    • Company News
    • Banking & Financial Services
    • News & Analysis
    • Technology & Innovation
    • Energy, Oil & Gas
    • East Africa
    • Investigations & Special Reports
    • Economy & Policy
    • Markets & Money
    • Global News
    • Hospitality & Tourism
    • Real Estate & Construction
    • Legal & Justice
    • Manufacturing & Industry
    • Media & Communication
    • News In Pictures
    • Politics & Goverment
    • Regulation & Compliance
    • Sponsored Content
    • Agriculture & Agro-industry
  • Leadership & Governance
    • CEO Perspectives
    • Executive Profiles
    • Women In Leadership
    • Entrepreneurship
    • Transitions & Succession
    • C-Suite Leadership
    • Boards & Governance
    • Thought Leadership
    • Ugandans Excelling Abroad
  • Lists & Rankings
    • 100 Leading & Admired CEOs
    • 100 Most Trusted & Respected Companies
    • 100 Women Fixing Uganda
    • Billionaires
    • 100 Women in Finance
    • 50 Leading CFOs
    • 50 Leading CHROs
    • CEO Of The Week
    • The CIO/CTO Power List
    • The Uganda 300 Index
    • Top 50 CMOs
    • Top Law Firms
    • Uganda’s 100 Oil & Gas Leaders 2024
    • Product of the Week
  • Lifestyle
    • The Executive Traveler
    • Destinations & Hotels
    • Automobiles & Mobility
    • Property & Living
    • Fashion, Design & Style
    • Music & Entertainment
    • Food, Wine & Fine Dining
    • Leisure, Culture & Experiences
    • Philanthropy & Personal Legacy
    • Wellness, Health & Longevity
  • More
    • Menu
    CEO East Africa
     
    Thought Leadership
    • Search

    Corporate Fraud

    THE THIEF WITHIN: Who is Stealing from Ugandan Companies?

    CEO East Africa MagazineBusiness & MarketsThe Big StoryFebruary 25, 2025February 25, 2025

    Uganda is experiencing an economic crime crisis, with businesses and individuals losing over USD 272 million (UGX 1.02 trillion) in 2024 due to fraud, cybercrime, and financial misconduct. This represents…

    Ugandans and businesses in 2024 lost USD272 mn in economic crimes; cybercrime, bank, and fraud double

    CEO East Africa MagazineNews & AnalysisThe Big StoryFebruary 25, 2025February 25, 2025

    Even though the number of financial and economic crimes rose mildly, by 1.6%, from 12,924 cases in 2023 to 13,132 cases in 2024, the severity and amount of money lost…

    Court orders businessmen Geoffrey Baitwa and Oscar Baitwa of Transtrac to pay UGX159.2 mn debt after it finds them guilty of wrongful trading

    Brian EmorutCompany NewsLegal & JusticeNews & AnalysisThe Big StoryFebruary 1, 2025February 2, 2025
    This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

    Subscribe
    Log In

    • Facebook
    • Twitter
    • Youtube

    Latest Stories

    • Stanbic Accelerates Uganda’s Digital Future with “Kikole Ku Speedii” Campaign
      by Brian Emorut
      March 20, 2026
    • I&M Bank Spreads Ramadan Hope with Food Hampers to Families in Gayaza and Bweyogerere
      by Brian Emorut
      March 20, 2026
    • Ruparelia Group Wins Key Entebbe Land Case, Clearing Path for the New Mega Speke Resort and Convention Centre, Entebbe
      by Muhereza Kyamutetera
      March 19, 2026
    • IHUNDE RESORT: A Lakeside Sanctuary on Bulago Island, Lake Victoria
      by Namulwana Hilda Victoria
      March 19, 2026
    • Katikkiro Mayiga hails JCRC, Pearl Bank, Rotary over USD 4 million bone marrow facility drive
      by Paul Murungi
      March 18, 2026
    • World Bank bans PwC Africa, Rwanda and Kenya affiliates from Bank Group-financed projects over fraudulent practices
      by Paul Murungi
      March 18, 2026
    • Easter 2026: Turn the Holiday into an All-in-One Staycation Experience at Speke Resort Munyonyo
      by Brian Emorut
      March 18, 2026
    • From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.
      Equity Group Posts Record 55% Surge in Profit to KSh75.5b: Uganda Bounces Back With 500% Growth in Net Profit – A Defining First Year for MD Gift Shoko
      by Muhereza Kyamutetera
      March 18, 2026
    • I&M Bank Hosts Fire-Side Chat on Uganda’s Financial Markets in the Oil Era
      by Brian Emorut
      March 18, 2026
    • Francis Kamulegeya pictured across various roles—from corporate leadership to farming and community initiatives—reflecting his transition into impact-driven work in Uganda.
      After Success, Then What? Francis Kamulegeya on His Aptly Titled New Book and Life Beyond Big Titles and Offices
      by Muhereza Kyamutetera
      March 18, 2026

    © 2025CEO East Africa. For Inquiries Please Call +256772415939 All Rights Reserved.
    CEO East Africa
     
    Thought Leadership
    • Business & Markets
      • The Big Story
      • Company News
      • Banking & Financial Services
      • News & Analysis
      • Technology & Innovation
      • Energy, Oil & Gas
      • East Africa
      • Investigations & Special Reports
      • Economy & Policy
      • Markets & Money
      • Global News
      • Hospitality & Tourism
      • Real Estate & Construction
      • Legal & Justice
      • Manufacturing & Industry
      • Media & Communication
      • News In Pictures
      • Politics & Goverment
      • Regulation & Compliance
      • Sponsored Content
      • Agriculture & Agro-industry
    • Leadership & Governance
      • CEO Perspectives
      • Executive Profiles
      • Women In Leadership
      • Entrepreneurship
      • Transitions & Succession
      • C-Suite Leadership
      • Boards & Governance
      • Thought Leadership
      • Ugandans Excelling Abroad
    • Lists & Rankings
      • 100 Leading & Admired CEOs
      • 100 Most Trusted & Respected Companies
      • 100 Women Fixing Uganda
      • Billionaires
      • 100 Women in Finance
      • 50 Leading CFOs
      • 50 Leading CHROs
      • CEO Of The Week
      • The CIO/CTO Power List
      • The Uganda 300 Index
      • Top 50 CMOs
      • Top Law Firms
      • Uganda’s 100 Oil & Gas Leaders 2024
      • Product of the Week
    • Lifestyle
      • The Executive Traveler
      • Destinations & Hotels
      • Automobiles & Mobility
      • Property & Living
      • Fashion, Design & Style
      • Music & Entertainment
      • Food, Wine & Fine Dining
      • Leisure, Culture & Experiences
      • Philanthropy & Personal Legacy
      • Wellness, Health & Longevity
    error: Content is protected !!
    ×