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Association of Certified Fraud Examiners
South Africa Chapter

ACFE SA Africa Event: Zambia

  • 28 Jun 2022
  • 3:00 PM - 4:00 PM
  • Virtual


  • Combo special
  • Members
  • Non Members



 by the ACFE Zambia Chapter

28 June 2022    |   15h00–16h00   |   CPE Points: 1   |   Virtual

Members: R180 (VAT incl.)   |   
Non-members: R250 (VAT incl.) 
Special Offer (Combo):1 member + 1 non-member: R300 (VAT incl.)



Francis Milambo is a member of ACFE SA as well as a Certified Fraud Examiner (CFE). He is a qualified Accountant and fellow of the Zambia Institute of Chartered Accountants (ZICA), member of the Institute of Internal Auditors and a Certified Information Systems Auditor. He holds a PGDip Risk, Crisis and Disaster Management from the University of Leicester, with more than 10 years of Internal Audit and Fraud investigation experience in statutory bodies as well as private sector. He currently serves as the Manager Internal Audit at the Zambia Industrial Commercial Bank.  


Procurement fraud has been on the rise globally and in Zambia with lots of talk around inflated prices and the supply of "air". The Organisation for Economic Cooperation and Development (OECD) approximates that governments in developing countries pay between 20-100% more in the purchase of  goods and services owing to procurement fraud while PWC approximates in its global economic survey that 29% of global organisations had experienced procurement fraud. Clearly, from the statistics above we can tell that Procurement Fraud is a big challenge globally, but its impact is even worse in developing countries which generally have limited resources. 

This presentation will focus on procurement fraud and the forms it takes and which pieces of legislation in Zambian Law cover and address procurement fraud. The goal of the presentation will be to enlighten the delegates on how procurement fraud interacts with the law in Zambia.


* Please note, this event is for non-SA members only.

* If you want to make a company booking for more than one delegate, please contact Anita Nel at anita@acfesa.co.za for invoicing.

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