It has been reported that the Office of the United States Trade Representative (USTR) says Kenya's Integrated Financial Management Information System (Ifmis) is vulnerable to manipulation and hacking, leading to loss of billions of shillings of taxpayer money.

Kenyan authorities use the IFMIS system to monitor the country's finances with functionalities such as budgeting, procurement, payment, accounting, and reporting.

For more on this Thami Ngubeni spoke to journalist based in Kenya, Jimmy Mbogoh...

It has been reported that the Office of the United States Trade Representative (USTR) says Kenya's Integrated Financial Management Information System (Ifmis) is vulnerable to manipulation and hacking, leading to loss of billions of shillings of taxpayer money.
Kenyan authorities use the IFMIS system to monitor the country's finances with functionalities such as budgeting, procurement, payment, accounting, and reporting.
For more on this Thami Ngubeni spoke to journalist based in Kenya, Jimmy Mbogoh...

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

Cybersecurity concerns for Kenya's Integrated Financial Management Information System (Ifmis)

South Africa's beauty economy continues to show notable resilience. Research shows that the sector is now valued at close to 7 billion dollars, with consumers continuing to prioritise self-care and self-expression despite rising living costs. As Channel Africas Nhlanhla Mahlangu reports, thousands of people turned up at the 3rd installment of the Takealot House of Beauty this past weekend at the Kyalami Grand Prix Circuit in Midrand Johannesburg.

South Africa's beauty economy continues to show notable resilience. Research shows that the sector is now valued at close to 7 billion dollars, with consumers continuing to prioritise self-care and self-expression despite rising living costs. As Channel Africas Nhlanhla Mahlangu reports, thousands of people turned up at the 3rd installment of the Takealot House of Beauty this past weekend at the Kyalami Grand Prix Circuit in Midrand Johannesburg.

South Africa’s Beauty Economy Shows Strong Growth, Nears $7 Billion

In our Thursday's market slot we look at Standard Bank's inaugural Inclusive Excecellence Awards. This is the bank's  Business & Commercial Banking - BCB initiative, aimed at recognising South African Small, Medium and Micro Enterprises (SMMEs) led by entrepreneurs with disabilities. The awards which took place last week, form part of BCB's Enterprise and Supplier Development - ESD efforts aimed at advancing inclusive entrepreneurship and supporting sustainable, majority black owned businesses to start, manage and grow. A total of over 23- thousand dollars in prize money is shared among the winners. For more on this, Lesiba Matladi is Senior Manager for Enterprise and Supplier Development at the Bank's BCB division in South Africa

In our Thursday's market slot we look at Standard Bank's inaugural Inclusive Excecellence Awards. This is the bank's &nbsp;Business &amp; Commercial Banking - BCB initiative, aimed at recognising South African Small, Medium and Micro Enterprises (SMMEs) led by entrepreneurs with disabilities. The awards which took place last week, form part of BCB's Enterprise and Supplier Development - ESD efforts aimed at advancing inclusive entrepreneurship and supporting sustainable, majority black owned businesses to start, manage and grow. A total of over 23- thousand dollars in prize money is shared among the winners. For more on this, Lesiba Matladi is Senior Manager for Enterprise and Supplier Development at the Bank's BCB division in South Africa

Africa Market Update

Today marks the deadline for the government of Zambia to choose between granting the United States priority access to its key minerals or risk losing HIV funding.  It is estimated that around 1.3 million people depend on HIV treatment. This decision could affect both its economy and public health system.  Joining us now to reflect on the implications of this is Trevor Hambayi economist and financial analyst

Today marks the deadline for the government of Zambia to choose between granting the United States priority access to its key minerals or risk losing HIV funding. &nbsp;It is estimated that around 1.3 million people depend on HIV treatment. This decision could affect both its economy and public health system. &nbsp;Joining us now to reflect on the implications of this is Trevor Hambayi economist and financial analyst

Cybersecurity concerns for Kenya's Integrated Financial Management Information System (Ifmis)

In 1 playlist(s)

Africa in Business

Social links

Recent clips