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TodayTuesday, May 05, 2026

Mobile money fraud

L-R Executive Director of the Uganda Communications Commission, George William Nyombi, Minister for ICT and National Guidance, Dr. Chris Baryomunsi and Airtel Uganda Managing Director, SOM SOUMENDRA at the launch of the Airtel AI-powered Spam Alert Service in Kampala recently.

Airtel, UCC and BOU Tip Ugandans on How to Avoid Scams

Telecom giant Airtel Uganda, in collaboration with the Uganda Communications Commission (UCC) and the Bank of Uganda (BoU), has issued vital safety tips to help Ugandans guard against the rising wave of
July 24, 2025
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The Rise of the Internal Thief: Insider Fraud is one of the Most Prevalent Financial Crimes in Uganda, and moreover at senior management levels.

THE THIEF WITHIN: Who is Stealing from Ugandan Companies?

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 a sharp
February 25, 2025
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Uganda faces a financial crime crisis as cyber fraud, bank scams, and corporate fraud escalate, costing the economy over USD 272 million in 2024 and exposing vulnerabilities in digital security and financial systems.

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

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 in these
February 25, 2025
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