Significant numbers of financial crimes registered in Uganda’s financial services sector have exposed weaknesses in administrative remedies offered to fraud victims and changing legal dynamics while investment and employment-related scams increase across Africa.
Some 6,533 financial fraud cases were reported to local regulators between January and August 2026 by different financial services providers, ranging from commercial banks to mobile money service providers and third-party service agents, according to data compiled by the Anti-Fraud Consortium (AFC).
