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TodaySaturday, May 02, 2026

Financial Misconduct

Bank of Uganda faces scrutiny after cancelling the National Payments Switch tender, raising concerns over transparency, influence peddling, and procurement integrity. Allegations of favoritism and government interference spark debate on fair competition and financial sector governance in Uganda.

Allegations Of Influence Peddling And Bidder Favoritism As Bank Of Uganda Cancels Multi-Billion National Payments Switch Procurement Post-Award

The Bank of Uganda (BoU) has come under intense scrutiny following its abrupt cancellation of the National Payments Switch (BNPS) procurement process. This move has raised significant concerns over transparency, security, and
March 4, 2025
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Amid ongoing investigations into a multibillion UGX fraud scandal, Nile Breweries faces a critical test of its corporate governance and internal controls. Will the brewery’s leadership restore trust and accountability?

EDITORIAL: The Nile Breweries Internal Fraud Audit: A Wake-Up Call to Corporate Uganda

The Nile Breweries scandal involving the Majok siblings has exposed significant weaknesses in corporate governance, oversight, and financial accountability. However, this case is not an isolated incident—it is part of a growing
March 3, 2025
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The Majok Siblings — Amou Majok (left) and Darwin Majok— at the Center of a Brewing Fraud Scandal At Nile Breweries.

Nile Breweries Investigates How Two Siblings, One Reporting to the Other, Caused Multibillion Losses in Fraud and Bogus Marketing Schemes

Nile Breweries Limited, the Ugandan subsidiary of global brewing giant Anheuser-Busch InBev (AB InBev), is conducting an extensive investigation into allegations of fraud and financial misconduct within its sales and marketing departments.
March 3, 2025
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