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

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.