Featured Uganda

Chinese firms hit bribery and tax evasion troubles amid African corruption crackdowns

While Chinese companies are feeling the pressure of anti-graft and tax evasion crackdowns at home, some are also facing similar campaigns abroad as African countries try to stamp out corrupt practices. In the past three years, a number of Chinese-owned companies have landed in trouble with investigating agencies for… Read More

OneCoin lawyer on trial for role in ‘crypto-scam’

The trial of a US lawyer accused of laundering some of the proceeds from the OneCoin cryptocurrency “scam” has begun in New York. Mark Scott is accused of routing approximately $400m (£310m) out of the US while trying to conceal the true ownership and source of the funds. Some is… Read More

Uganda demands financial records, donor lists of NGOs

Non-governmental organizations in Uganda have been told to submit financial information including budgets and donor lists to the authorities, an official told Reuters on Thursday, in a move rights groups said was another attempt to muzzle criticism. The government of veteran leader President Yoweri Museveni, 74, has long chafed at… Read More
27th March 2019
AP — A gold refinery established by a Belgian is facing Ugandan sanctions over the questionable importation of 7.4 tons of gold earlier in March, adding to growing allegations that minerals from conflict-plagued countries pass through the Uganda-based company. The company, African Gold Refinery, had already exported 3.8 tons… Read More
20th February 2019
Uganda accused the country’s biggest telecoms operator, MTN Uganda, on Tuesday of underdeclaring its sales and causing public revenue losses, in a further souring of relations with the South African-owned company. Uganda deported MTN Uganda’s Chief Executive Wim Vanhelleputte last week, the fourth MTN official to be expelled from the… Read More
30th November 2018
AP — A key broker of the latest deal to end South Sudan’s civil war diverted European weapons to South Sudan’s military despite an EU arms embargo, a new report says. It also asks how a U.S. military jet ended up deployed in South Sudan… Read More
13th July 2018
President Yoweri Museveni has approved increased security spending for Uganda’s 456 members of parliament – including on sharpshooters and armoured escort vehicles – after a ruling party lawmaker was shot dead. Critics said the spending was wasteful and failed to address security concerns of normal citizens who fear rampant crime… Read More
26th December 2017
Bank of Uganda (BOU) has finally unfrozen bank accounts of ActionAid Uganda after nearly three months of closure. “The leadership of ActionAid Uganda is pleased to inform its partners, supporters, and staff that our quest to have our bank accounts unfrozen has been achieved following constructive discussions with some agencies… Read More
9th November 2017
Kenya, Uganda and Tanzania are among the countries in east Africa where international lenders have cut-off correspondent banking relationships for fear of being exposed to charges of money laundering and terrorism financing. “The withdrawals of correspondent Bank relationships (CBRs) could result in longer payment… Read More
19th September 2017
Some African countries are at risk of getting slapped with sanctions and trade restrictions for their dealings with North Korea. A report was released by United Nations panel of experts on September 9th, two days prior to the UN Security Council’s unanimous adoption of a tough new round of sanctions… Read More
27th June 2017
Uganda will in September host a group of international experts to try and convince them that the country’s financial system is well-regulated enough to combat money laundering and terrorism financing. Read More
6th December 2016
Taking bribes is very dangerous. Offending officers should be reported to Parliament and the Executive. Read More
5th August 2016
With the new initiative, you can also ‘celebrate a hero’ who has declined a bribe in their community. Read More