Regulatory Enforcement Archives

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

Editorial, CEO East AfricaBusiness & Markets Company NewsMarch 3, 2025March 3, 2025

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…

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

CEO East Africa MagazineBusiness & Markets Company News The Big StoryMarch 3, 2025March 3, 2025

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…