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White-Collar Crimes in Uganda: Exploring the Impacts and Strategies for Reform
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White-Collar Crimes in Uganda: Exploring the Impacts and Strategies for Reform
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White-Collar Crimes in Uganda: Exploring the Impacts and Strategies for Reform
White-Collar Crimes in Uganda: Exploring the Impacts and Strategies for Reform
Journal Article

White-Collar Crimes in Uganda: Exploring the Impacts and Strategies for Reform

2024
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Overview
Individuals in positions of authority commit white-collar crimes, characterized by non-violent offenses such as embezzlement, fraud, and corruption, which have significant, multifaceted effects on both societies and economies. This paper critically examines the pervasive impact of white-collar crimes in Uganda, drawing on secondary data from various sectors. It draws attention to the wider social ramifications, such as the rise in social vices and the burden on Uganda's legal system, as well as the economic ones, such as job losses, business closures, and a deterrent to foreign investment. The paper's conclusions indicate that systemic corruption and shoddy governance frameworks exacerbate the long-term consequences of white-collar crimes. Consequently, the paper proposes some policy suggestions aimed at enhancing Uganda's legislative and regulatory structures. These include reclassifying white-collar crimes as felonies, ensuring judicial independence, establishing special tribunals for faster prosecutions, and implementing comprehensive whistleblower protection policies. Additionally, the paper advocates for the enactment of restitution laws, improved government transparency, and enhanced public awareness campaigns. By adopting these measures, the study offers a robust approach to mitigating the socioeconomic harm caused by white-collar crimes while promoting a culture of accountability and legal compliance.