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)

Africa’s mining future could be set for a technological shift. The Council for Geoscience and global mining giant BHP have signed a new partnership aimed at strengthening mineral exploration through advanced geoscience research, digital data systems and cutting‑edge computing. The collaboration is expected to support more sustainable mining, reduce exploration risks and potentially open the sector to new and emerging players, while aligning with the country’s critical‑minerals and just‑energy‑transition goals.

Our Economics Reporter, Innocent Semosa, has more from the Africa Mining Indaba.

Africa&rsquo;s mining future could be set for a technological shift. The Council for Geoscience and global mining giant BHP have signed a new partnership aimed at strengthening mineral exploration through advanced geoscience research, digital data systems and cutting‑edge computing. The collaboration is expected to support more sustainable mining, reduce exploration risks and potentially open the sector to new and emerging players, while aligning with the country&rsquo;s critical‑minerals and just‑energy‑transition goals.
Our Economics Reporter, Innocent Semosa, has more from the Africa Mining Indaba.

The Council for Geoscience and BHP enter into a partnership aimed at strengthening mineral exploration

Across Africa, businesses are navigating an operating environment increasingly shaped by global market volatility. Currency fluctuations, interest‑rate cycles and geopolitical shifts are having a growing impact on financial performance, particularly for firms with cross‑border exposure. In South Africa, this context aligns with the State of the Nation Address (SONA), which outlines government policy, economic interventions and reform priorities. Thami Ngubeni spoke to Trishna Sew

Across Africa, businesses are navigating an operating environment increasingly shaped by global market volatility. Currency fluctuations, interest‑rate cycles and geopolitical shifts are having a growing impact on financial performance, particularly for firms with cross‑border exposure. In South Africa, this context aligns with the State of the Nation Address (SONA), which outlines government policy, economic interventions and reform priorities. Thami Ngubeni spoke to Trishna Sew

Nedbank unpacks why foreign exchange is a strategic tool in a volatile global economy

South African President Cyril Ramaphosa is set to deliver the State of the Nation Address (SONA) this evening. The Congress of South African Trade Unions (COSATU) has stressed that the address must outline clear strategies to tackle the country’s most pressing challenges, including a dangerously high unemployment rate of 42.4%, sluggish economic growth of just 1%, persistent poverty and inequality, and widespread crime and corruption.

Thami Ngubeni spoke to COSATU Spokesperson Zanele Sabela. 

South African President Cyril Ramaphosa is set to deliver the State of the Nation Address (SONA) this evening. The Congress of South African Trade Unions (COSATU) has stressed that the address must outline clear strategies to tackle the country&rsquo;s most pressing challenges, including a dangerously high unemployment rate of 42.4%, sluggish economic growth of just 1%, persistent poverty and inequality, and widespread crime and corruption.
Thami Ngubeni spoke to COSATU Spokesperson Zanele Sabela.&nbsp;

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

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