Malawi govt buys K2bn Ifmis software to prevent another ‘cashgate’

Malawi government with funding from the World Bank has bought a K2 billion software for integrated financial management system (Ifmis), a system used to pay out government money.

Finance Minister Goodall Gondwe and Treasury spokesman Nations Msowoya: Preventing repeat of cashgate

Finance Minister Goodall Gondwe and Treasury spokesman Nations Msowoya: Preventing repeat of cashgate

Ministry of Finance spokesman Nations Msowoya said the government has bought the advanced software with the help of the US government as a means of stepping up security for Ifms following the infamous cashgate, the looting of public money at Capital Hill.

“This is part of our financial management programme to ensure there is no repeat of the cashgate,” said Msowoya.

He said apart from the software, the government has also bought a  hardware for the Ifmis, saying the softwares and hardwares were outdated as the Ifmis was installed in 2005.

Msowoya said the purchasing of the upgrading of software  is to beat security lapses and the closing of close to 300 government bank accounts is part of financial management reforms the country has embarked on.

US ambassodor to Malawi Virginia Palmer hailed the government for the financial reforms, saying the economy is likely to improve soon should the government continue with the financial reforms.

“We are impressed with the financial reforms the government has undertaken for the past six months. We are optimistic the economy will soon improve,” said Palmer.

Minister of Finance Goodall Gondwe told the Public Affairs Committee indaba in Blantyre that Malawians should not lose hope as the financial reforms the government has embarked on would turn around the economy.

“We have done a lot in the past six months,” said Gondwe, upbeat the economy would improve as inflation is likely to go down, interest rates would be tamed and the kwacha will find its rightful place against the dolllar.

“I sympathise with the people who have lost hope, we are in the middle of economic problems,” he said.

In an interview, he however refused to give detailed measures that government has put in place to bring the economy back on track.

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23 thoughts on “Malawi govt buys K2bn Ifmis software to prevent another ‘cashgate’”

  1. Detyrant says:

    The shit is too worse to entertain

  2. ThinkTank says:

    Stop complaining Malawians. High technology is not cheap and thumbs up to goverment for taking such appropriate measures to stop the bleeding.

  3. Alfred says:

    This is really crazy , the country is suffering of hunger and Govt is busy signing contracts of MK2billion ??? How much Maize can be procured with this money . Our priorities are just upside down, it’s like saying hell the hungry let’s automate the system , Why cant we get things proper, buying a new system is not going to stop repetitions of cash gate it’s the attitude the mind . Procurement of such an expensive system for Malawi is waste of public resources and if this money belong to donor’s or WB then i would still say it’s pure waste. Mr Nations we respect you as a good Govt spokesperson but tell the truth to Malawi that this system cannot come for MK2Bilion Only even if you do it in Phases we know which company has been awarded and what is the amount they quoted in the tender .If Govt of Malawi is concerned about drugs, hunger, etc this is not the best time to spend such monies, get the looted monies from those arrested under Cashgate out and then invest.I have a great respect for the President and i dont blame him at all for this mess but Ministry of Finance is misleading him in many ways and this procurement is just one of them.STOP THIS EXPENSIVE PROCUREMENT .

  4. kkilembe says:

    A waste of money. When you have system administrators conniving with powerful people, no software, no matter how e xpensive it can be, can secure the monies. This money is just down the drain. Change the mindset of civil servants.

  5. Mphatso says:

    Seriously? Software At 2 Billion? Do The Govt Thinks Malawi Is Full Of Illiterates? There Is No Shelf Software That Can Be Bought At Such Large Amount, Remember The Wealth U Get By Dishonesty Goes Away But It Goes Away It Kills You

  6. Ifmis ndika chani bwana pulezedent anthuwa akumakunamizani okuba ndi okuba basi, anthu amene akuba ndalama ndi ma procument officers, ma director of public works ma council.

  7. bondo says:

    that moment when pigs are reigning

  8. Jazmine says:

    why waste k2bn when there is a hunger crisis in Malawi, people will always find a way to steal

  9. angoni apaphata says:

    This is total stupidity. Kodi bomali mwangodzadza anthu amamina mmutu basi? zoona software payokha ingaletse anthu kuba? dzitselekwete.

  10. mjiba says:

    this is another form of cash gate which continues to befell our country. software for K2 billion? procurement of overpriced goods one leak which will never stop in government. Every system has people behind it. IFMIS current is good the officers manning it had no integrity period. Don’t cheat the nation that new IFMIS was needed. What is needed is integrity basi

  11. Dyetsani Njomba says:

    Any software is as good as the person using it. If thieves and greedy people are employed, the software will mean nothing. Too many unscrupulous people in Malawi.

  12. Mbuya says:

    change the mindset of civil servants, avoid nepotism, employ professionals etc ndalamayo mukagulire chimanga, mankhwala, irrigation etc Americans basi inu koma kumeneko asa!

  13. Mphongozidana Ndau says:

    How secure is the new ifmis? The problem with us is that the systems can be good if implemented with all their units, but with us, we leave out some so that it is easy for us to steal.

  14. Kanyimbi says:

    Ngakhale mwaononga ndalama zochuluka chonchi, mupeza njira zina zobera ndalama za Boma. Ndi chifukwa chake lero akusowa omanga mzake popeza nonse ndinu akuba

  15. 2016 welcome says:

    It’s not necessarily about the machine it’s about the people operating it. How can IFMIS prevent a systematically authorized fraudulent transaction? Unfortunately people caught doing it are sentenced the softest and some still walking sotfree.

  16. BOKHO says:

    Rubbish

  17. Thanks to our goverment posafuna kubwereza tinaona zija

  18. kodi mesa choyamba chija anagula ndi iwowo?Chinayambaso kubedwa ndi iwowonso.Sopano ichi nde sabaso?Inu goodall ndi anzake ndi anthu akuba awa.Malo mogula Chimanga mukugula chinthu chopanda ntchito ngati ichi.Muzibaso bwino.

  19. Truck says:

    WHAT A WASTE OF MONEY WHY NOT BUYING MAIZE FOR THE POOR AND MEDICINES IN HOSPITALS EVEN IF YOU BOUGHT THE NEW SOFTWARE THE CASHGATERS WILL STILL CONTINUE STEALING THE MONEY FROM GOVERNMENT SO WHATS THE USE KIKI!WA CASHAGATE NDI WA CASHGATE SADZATHEKA KIKI!

  20. Don Thilampu says:

    Ok. The problem though is that we rush to automate (out of emulating so called best practice or at the behest of donors). Beyond/before automation, real PFM reform reflects on processes and the control environment:ensuring that the basics are gotten right first. Technology is just an enabler and its cost might not necessarily reflect its value. As a matter of fact, Malawi needs to get its Public Finance Administration right before vying for lofty PFM. Ethiopia has one of the best PFM systems in Africa but it had to evolve its PFA over time to the current PFM. There are some fundamentals that must be pursued first as Allen Schick once wrote:
    • Foster an environment that supports and demands performance before introducing performance or outcome budgeting
    • Control inputs before seeking to control outputs
    • Account for cash before accounting for accruals
    • Establish external controls before introducing internal control
    • Establish internal control before introducing managerial accountability
    • Operate a reliable accounting system before installing an integrated financial management system
    • Budget for work to be done before budgeting for results to be achieved
    • Enforce formal contracts in the market sector before introducing
    performance contracts in the public sector
    • Have effective financial auditing before moving to performance auditing
    • Adopt and implement predictable budgets before insisting that managers efficiently use the resources entrusted to them.

    Otherwise, keep up the spirit and all the best!!!

  21. mapwevupwevu says:

    “He refused to give detailed measures that government has put in place to bring the economy back on track”. Clueless!!!!

  22. Debude says:

    Zosadabwitsa, nanga ndalama sizao, akudziwa kuti zibwerera kwao poti computer ndi zaonso. Tikhalira kuchita service ngongole zopanda pache poti eni khusa atero. Mabvuto ausiwa munthu umafika pogulitsa mkazi wako wam’nyimbo.

  23. Homeland says:

    This is another cashgate

Comments are closed.