Smart Zambia rolls out asset management system at ZASTI to curb losses

SMART Zambia Institute, says it has developed and rolled out the Asset Management Information System (AMIS) at the Zambia Air Services Training Institute, (ZASTI). The system is aimed at strengthening the management, tracking, and accountability of public assets across all Government institutions. Speaking in Lusaka on Wednesday during the official opening of a training session following the development of the system, Institute Government Chief Technical Officer Kasali Musenge said manual tracking in the past had proven inefficient and costly.

“Manual tracking of assets in the past had proven inefficient and costly,” Musenge said. She noted that tracking assets manually had not been an efficient process and had consistently led to audit queries at the end of financial years. “Technology is advancing at a rapid pace, and the Government should move with the times,” Musenge stated.

“We can find solutions that will stand the test of time. From the comfort of your office, you can tell when a table has been moved to the next office because of the capabilities of technology,” Musenge said. She acknowledged that the private sector had been far ahead of the Government in asset tracking, and urged developers of the new system to align it with the necessary regulatory framework.

[paywall]

Musenge expressed confidence that the system would benefit the entire Government machinery, adding that there has long been a need for a uniform Government approach to ensuring accountability for assets. “It is this team that is here together that will ensure that we have a system in place that will not only be functional for today but for a long time. As you know, Government is vast.

We have different ranges of assets that are sitting in various institutions. It is important that we have a one‑government approach on how we ensure that we account for these assets,” she said. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.

[/paywall]