Civil servants might have delayed salaries this month as government’s Integrated Financial Management and Information System (Ifmis) is facing challenges. There are also fears that some unscrupulous civil servants might take advantage of the situation to plunder government financial resources in another cashgate. Spokesperson for the ministry of Finance Williams Banda has confirmed that Ifms […]
Pensioners will have to wait a little longer before getting their pension as the department of Accountant General says this is due to technical problems with the Integrated Financial Management Information Systems (Ifmis). The department says pensioners were expected to receive their monthly pension on June 14, 2020 the official day. “Due to this technical […]
Malawi government will roll out the long awaited roll-out of the new Integrated Financial Management and Information System (Ifmis) on 1st July, 2020, President Peter Mutharika has revealed. According to Mutharika, the new system will tightly close loopholes of pilferage and smoke out ghost workers more effectively than ever. “With this system, I have […]
In its drive to ensure that local authorities use public resources in a transparent and accountable manner, Ministry of Local Government and Rural Development says it will soon roll out and enforce effective use of Integrated Financial Management Information System (Ifmis) in the country’s 35 local government councils. The ministry’s chief director Ernest Ntchentche said […]
Government has ordered ministries, departments and agencies (MDAs) which were affected by salary delays to prioritise processing of the remaining salaries for civil servants and other urgent payment now that the a technical hitch in the government paying system of Ifmis—government’s electronic payment system— has been rectified. Civil servants a yet to receive their November […]
Accountant General Sungani Mandala has cast doubt that the government will roll out a new integrated financial management systems (ifms) package due to low funding. Mandala said this Tuesday when he appeared before the powerful joint Public Accounts Committee and Budget and Finance cluster committee of parliament. The government was set to roll out the […]
Malawi government is going ahead to procure a new anti-corruption software Integrated Financial Management Information System (Ifmis) at $14.8 million (about K10.2 billion) from a Zimbabwean-owned Twenty Third Century Systems – a “gold partner” of German-based multinational SAP –even though it was third-ranked bidder in 2015 and its bid is understood to have expired a year later. Accountant […]
Top Malawian officials have declined to explain why the government has engaged a Zimbabwean firm to provide anti-corruption software worth ten billion kwacha – three years after the tender process. A Treasury source said Zimbabwean-owned Twenty Third Century Systems – a “gold partner” of German-based multinational SAP – has been sent a letter accepting its bid, even though it […]
Audit General’s Office has observed that the current Integrated Financial Management Information Systems (IFMIS)- a technical solution to deter corruption in public finance management – being used in the country has a lot of shortfalls which need to be looked into. Auditor General Stevenson Kamphasa made the observation during the interface meeting between Oxfam and Public […]
Accountant General Cryton Chimombo has said the government already bought the K5 billion the new integrated financial management and information system (Ifmis) although Minister of Finance, Economic Planning and Development Goodall Gondwe has budgeted for it in the 2018/19 fiscal plan. Chimombo surprised the Budget and Public Accounts parliamentary cluster committee when he said that […]
Parliament’s influential public money tracker, the Budget and Public Accounts cluster committee has cast doubt that the K5 billion new version of Ifmis software would stop the continued loot of public money at Capital Hill. The cluster vice chairman John Chikalimba said even after the alarming loot of K30 billion, theft of the public money […]
Former Malawi Budget Director Paul Mphwiyo, whose shooting on 13 September 2013 led to the unravelling of the systematic looting of millions of government money dubbed ‘cashgate’, has disowned statement circulating on social media quoting him blaming calling the entire government “a criminal enterprise”. The social-media post contains response to some issues raised in the […]
Malawi Government has said it will buy a K7billion new software for integrated financial management systems (IFMS) following hiccups the current version is facing. Finance ministry spokesperson Nations Msowoya said the new IFMS software would be bought before December. “As you might be aware, the Baker Telly report recommended we buy a new software and […]
Government has employed a cyber security officer who will now be in-charge of integrated financial management system (Ifmis) blamed for the K84 billion plunder of public money at Capital Hill in Lilongwe. Nations Msowoya, spokesperson for the ministry of finance was upbeat that the hiring of the cyber security officer would enhance the security of […]
Malawi government has closed 139 dormant bank accounts belonging to various ministries and departments at the Reserve Bank of Malawi (RBM) and 265 dormant accounts have been submitted to the Accountant General for review. Treasury spokesperson Nations Msowoya has confirmed the development, saying it is part of the Public Finance Management (PFM) reforms. He said […]
Finance minister Goodall Gondwe says government is looking for a more reliable, high capacity and high speed software for the integrated financial management systems, IFMS. Gondwe said this Thursday in parliament as he assured Malawians that the government is doing all it can to avert a repeat of the infamous cashgate when some civil servants […]
President Peter Mutharika has said Malawi “cannot afford another cashgate” adding the ability of the southern African nation to accelerate economic growth and uplift the lives of the majority of its citizens rests in frugal management of public finances and the physical assets of government. Mutharika said this in Malawi’ capital Lilongwe when he launched […]
Malawi Government Friday officially launched the Public Finance Management Reform Programme (PFM) as part of continued efforts to curb mismanagement of public funds. Addressing senior government officials during the PFM launch which took place at Kamuzu Palace in Lilongwe, President Prof. Peter Mutharika said; “As Malawians, we should be embarrassed to honour through court proceedings […]