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.

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

Dozens of countries have agreed to release a record amount of oil from emergency reserves, in an effort to stabilise global supply and curb soaring prices.

All 32 members of the International Energy Agency, including the United States and the United Kingdom, will release a combined 400 million barrels, as the agency warns of supply disruptions it describes as unprecedented in scale.

The move comes amid heightened global energy market volatility and fears of prolonged supply disruptions. Channel Africa's economics reporter Innocent Semosa has more.

Dozens of countries have agreed to release a record amount of oil from emergency reserves, in an effort to stabilise global supply and curb soaring prices.
All 32 members of the International Energy Agency, including the United States and the United Kingdom, will release a combined 400 million barrels, as the agency warns of supply disruptions it describes as unprecedented in scale.
The move comes amid heightened global energy market volatility and fears of prolonged supply disruptions. Channel Africa's economics reporter Innocent Semosa has more.

32 members of the International Energy Agency agree to release a record amount of oil from emergency reserves

Strong leadership and effective governance are being identified as critical drivers in developing transport systems that support inclusive growth across Southern Africa. Insights shared on the final day of discussions at the National Transport Conference in Midrand, Johannesburg, emphasised the importance of clear policy direction, stronger regional cooperation and increased private‑sector participation in transforming transport networks across the region.


Stakeholders highlighted that well‑governed transport systems are essential for boosting trade, improving mobility and unlocking economic opportunities,  particularly for land‑locked countries that depend heavily on reliable regional corridors.


Our reporter, Lebogang Mabange, has more.

Strong leadership and effective governance are being identified as critical drivers in developing transport systems that support inclusive growth across Southern Africa. Insights shared on the final day of discussions at the National Transport Conference in Midrand, Johannesburg, emphasised the importance of clear policy direction, stronger regional cooperation and increased private‑sector participation in transforming transport networks across the region.
 Stakeholders highlighted that well‑governed transport systems are essential for boosting trade, improving mobility and unlocking economic opportunities,&nbsp; particularly for land‑locked countries that depend heavily on reliable regional corridors.
 Our reporter, Lebogang Mabange, has more.

 Strong leadership and effective governance critical to building transport systems that support inclusive growth across Southern Africa

Equity Group Holdings Plc has posted record profits for the year ending December 2025, becoming the most profitable company in East and Central Africa. The strong performance, driven by accelerating digital growth and rising contributions from its regional subsidiaries, comes as the lender positions itself for expansion into new markets, including Ethiopia and West Africa.


Daniel Ominde reports from Nairobi.

Equity Group Holdings Plc has posted record profits for the year ending December 2025, becoming the most profitable company in East and Central Africa. The strong performance, driven by accelerating digital growth and rising contributions from its regional subsidiaries, comes as the lender positions itself for expansion into new markets, including Ethiopia and West Africa.
 Daniel Ominde reports from Nairobi.

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

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