Money Moves March 01, 2018 at 10:22 am

These 3 African countries have the highest economic crime rate in the world

Mildred Europa Taylor | Head of Content

Mildred Europa Taylor March 01, 2018 at 10:22 am

March 01, 2018 at 10:22 am | Money Moves

Uganda

Uganda is the East African country which found itself in the top 5 worldwide for the most economic crime. It came right behind Russia which was in the fourth position. Uganda’s counterparts, Zambia and Tanzania came in 6th and 10th places, with Belgium (7th), China (8th) and Mexico (9th) completing the top 10.

Corruption is rampant in Uganda with the police remaining the top most corrupt institution followed by the judiciary, tax services and the land services sectors. Currently, Uganda tops in corruption among the five countries under the East African Community (EAC), a report by Transparency International revealed recently. The country registered the highest bribery levels with a percentage value of 40.7%.

The city and local councils, registry and licensing services, as well as the health and education sectors, also came out as some of the corrupt organisations. Many have blamed the situation on the lack of political will to combat corruption and the little money offered workers, particularly, civil servants as salaries.

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