adminand Exhibition set for Orlando, Florida, in the United States of America next month.
The annual conference and exhibition represents the Association of Certified Fraud Auditors’ largest meeting of certified fraud auditors from across the globe.
The 23rd Annual ACFE Fraud Conference will be held between June 17 and 22.
Mr Nyemba is a Certified Fraud Examiner, Certified Internal Control Auditor and White-Collar Criminologist.
He is a senior partner at Proctor and Associates, a local business advisory group.
In his presentation at the conference, Mr Nyemba will talk on the topic “Fraud and corruption in Africa” giving an insight of the African business operating environment to his international counterparts and potential investors.
Africa’s improving infrastructure and noted economic potential has encouraged many foreign investors to consider investing on the continent.
However, this has also been watered down by concerns over the growing levels of cyber-crimes.
Economic high-tech crimes are increasingly becoming a common feature of doing business on the continent.
Mr Nyemba says he will explore with the conference participants the challenges of managing cases of fraud and corruption that are peculiar to the continent.
He attributes the growing cases of high-tech crime on the continent to slow implementation of the requisite regulatory frameworks.
“As a case in point, all the countries in the Southern African Development Community region have since agreed to harmonise cyber-laws, however, only three of these 13 member states have passed cyber-crime legislation and that complicates the establishment of a united front against fraud on the continent.
“This state of affairs of not taking cyber incursions seriously proves that Africa is currently the continent of cyber-crime increase in the world,” he said.
Online Reporter