Search / Auditing
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2139 | by Staff reporter
Chamisa throws councillors under the bus
Former Citizens Coalition for Change (CCC) president Nelson Chamisa yesterday condemned Harare councillors for abandoning their duties once elected, as he appeared before the commission of inquiry inv...Published: 10 Dec 2024 at 07:06hrs | 394 | by Staff reporter
Parliament flags Gweru, Hwange councils' finances
Parliament's Public Accounts Committee (PAC) has raised serious concerns regarding financial management in the Hwange and Gweru municipalities, highlighting significant delays in submitting financial ...Published: 08 Dec 2024 at 10:15hrs | 291 | by Staff reporter
Climate finance and mismanagement in Zimbabwe: Bridging the gap between promises and accountability
As the world grapples with the escalating climate crisis, financial commitments to support developing nations in climate change mitigation and adaptation have taken center stage in international negot...Published: 24 Nov 2024 at 17:40hrs | 243 | by Tendai Ruben Mbofana
Mutumbuka's landmark case exposes the deep roots of property fraud in Zimbabwe
The problem of title deed fraud is not new to Zimbabwe, but recent cases have brought this pervasive issue into sharp focus. One of the most troubling and high-profile incidents has been the c...Published: 18 Nov 2024 at 19:44hrs | 4429 | by Tendai Ruben Mbofana
Donald Trump's bold plan to dismantle the 'Deep State'
In a sweeping statement, former President Donald Trump has outlined his comprehensive plan to dismantle what he refers to as the "Deep State," a term he uses to describe the entrenched bureaucratic ap...Published: 08 Nov 2024 at 07:56hrs | 1656 | by Staff reporter
Zimbabwe hunts for new Auditor-General
The Zimbabwean government has officially initiated the search for a new Auditor-General after the retirement of Mildred Chiri, who served in the role for nearly two decades. Rheah Kujinga has been ful...Published: 21 Oct 2024 at 07:50hrs | 494 | by Staff reporter
Zimbabwe political parties should account for disbursed funds
The Zimbabwe Election Support Network (ZESN) has called for increased public scrutiny and accountability for political parties receiving funding under the Political Parties Finance Act. ...Published: 19 Aug 2024 at 07:16hrs | 126 | by Staff reporter
Treasury criticizes AG
Finance Secretary George Guvamatanga has criticized the Auditor General's (AG) report on undelivered motor vehicles, calling it "misdirected" and claiming that the issues it raised were already known ...Published: 23 Jul 2024 at 07:22hrs | 346 | by Staff reporter
Ministry advocates for skills audit, accreditation for Mbare Siyaso
The Ministry of Skills Audit and Development has expressed it's quest to audit, accredit and create a database for some unregistered skilled operators wit...Published: 10 Jul 2024 at 00:29hrs | 33 | by Gideon Madzikatidze/Simbarashe Sithole
BCC goes after household property
The cash-strapped Bulawayo City Council (BCC) has implemented stringent measures to recover over US$50 million owed by defaulting ratepayers. These measures include attaching and auctioning off proper...Published: 03 Jul 2024 at 10:26hrs | 7 | by Staff reporter
Forvis Mazars' entry reflects Zimbabwe's economic potential
Forvis Mazars (FM), a global financial services network formed by the merger of Mazars and FORVIS, is set to launch operations in Zimbabwe, filling the gap left by Deloitte's exit. Mazars oper...Published: 06 Jun 2024 at 12:18hrs | 4 | by Staff reporter
ZiG needs to be backed by RBZ discipline
According to the Reserve Bank of Zimbabwe (RBZ), a structured currency is a currency that is pegged to a specific exchange rate or currency basket and backed by a bundle of foreign exchange assets lik...Published: 16 Apr 2024 at 18:04hrs | 2 | by Zimbabwe Coalition on Debt and Development
Half ZiG and coins to start circulating on April 30
The Reserve Bank of Zimbabwe (RBZ) in the 2024 Monetary Policy Statement introduced a new "structured currency" termed ZiG (Zimbabwe Gold) on April 5. A "structured currency" is a currency tha...Published: 07 Apr 2024 at 21:08hrs | 6 | by Staff reporter
A Tale of Corporate Fraud, the contrasting Cases of South Africa and Zimbabwe
Corporate fraud has plagued both South Africa and Zimbabwe, with high-profile cases shedding light on the flaws in their respective financial systems. Thi...Published: 23 Mar 2024 at 07:10hrs | 9 | by Jacob Kudzayi Mutisi
Mnangagwa's govt to issue withdrawal letters for underutilised farms
the Government will soon issue letters of withdrawal to anyone found to have been underutilising farms allocated under the Land Reform Programme, a senior Government official has said.The Land...Published: 06 Feb 2024 at 04:34hrs | 1 | by Staff reporter
Chamisa abandons CCC without auditing finances
Opposition leader Nelson Chamisa has abandoned the Citizens Coalition for Change (CCC) name following a sustained assault to snatch the party from him by his opponents."This is to officially, ...Published: 25 Jan 2024 at 19:40hrs | | by Staff reporter
TelOne learning centre to offer degrees
TELONE Centre for Learning has deferred its 2023 graduation ceremony as it prepares to transform into a university.In a statement yesterday, TelOne spokesperson Melody Harry said the learning ...Published: 28 Nov 2023 at 05:28hrs | 3 | by Staff reporter
51 Zimbabwe parastatals fail to submit financials
A total of fifty-one state-owned enterprises have failed to submit their financial statements for auditing to the Auditor-General, as required by law.The Acting Auditor-General, Mrs. Rhea Kuji...Published: 02 Nov 2023 at 05:40hrs | 9 | by Staff reporter
Zimbabwe gold-backed digital token to cause accounting, auditing headache
The introduction of the Zimbabwe gold-backed digital token (ZiG) is posing a significant challenge for accounting and auditing professionals due to the uncertainty surrounding whether it should be cla...Published: 16 Oct 2023 at 06:11hrs | | by Staff reporter
Zimbabwe-listed companies get leeway to report financials in US dollars
Zimbabwean companies listed on the stock exchange are now permitted to present their financial statements in US dollars due to the swift dollarization of the economy. The CEO of the Zimbabwe Stock Exc...Published: 12 Oct 2023 at 18:21hrs | | by Staff reporter
Kasukuwere challenges Mnangagwa secrecy bid
Ex-minister Saviour Kasukuwere, barred from running for president, says the Mutapa Sovereign Wealth Fund and a decree by President Mnangagwa exempting nearly 2 dozen companies from public procurement ...Published: 01 Oct 2023 at 08:00hrs | 1 | by Staff reporter
Zanu-PF, CCC councillors clash
The elections for Kwekwe City Council Committee positions were disrupted on Wednesday due to clashes between Zanu-PF and CCC councillors. Zanu-PF councillors accused CCC of sidelining them in importan...Published: 21 Sep 2023 at 06:17hrs | | by Staff reporter
Chamisa does not have all the 12,374 V11s: The case of Chirumanzu-Zibagwe
Factually it is not true that, unlike in 2018, Chamisa this time round has all the V11s from the 12,374 polling stations that were created for the 2023 harmonised general election, because he and his ...Published: 27 Aug 2023 at 15:16hrs | 1 | by Jonathan Moyo
Zimbabwe's valid voters roll
There's a lot of misinformation and confusion in the public domain regarding the valid voters roll that is actually used for elections in Zimbabwe: by law, there's no consolidated national voters roll...Published: 23 Jul 2023 at 11:42hrs | 7 | by Jonathan Moyo
Bulawayo Business Network partners with Uniglobe to boost entrepreneurship and economic growth in Matebeleland
In an effort to invigorate entrepreneurship and foster economic growth in Zimbabwe's Matebeleland region, the Bulawayo Business Network (BBN) has announced a significant partnership with Uniglobe Acco...Published: 25 Jun 2023 at 14:10hrs | 10 | by Mandla Ndlovu
Bosso auditors quit amid threats, tensions
HIGHLANDERS Football Club is facing a crisis that threatens its reputation and financial stability. Recent events have unfolded, leading to the resignation of the club's auditors, PNA Chartered Accoun...Published: 17 Jun 2023 at 08:06hrs | 1 | by Staff reporter
Zimbabwe: Chekhov's middle age monks
From a writer, critic, traveller, doctorI am reading selected letters of Anton Chekhov, the Russian writer, critic, traveller and medical doctor.The letters span a big chunk of his lif...Published: 17 Jun 2023 at 08:03hrs | 3 | by @Jamwanda2 On Saturday
Corporate24 boss in the dock for fraud
Corporate24 Medical Centre founder and CEO, Mike Joka Tuesday appeared before a Harare magistrate accused of swindling Premier Service Medical Aid Society (PSMAS) of ZW$108,860 in 2021.Joka is...Published: 06 Jun 2023 at 18:55hrs | 1 | by Staff reporter
Bosso executives survive vote of no confidence
HIGHLANDERS Football Club's executive survived a vote of no confidence after the auditors issued an adverse opinion on the club's financials which paints a bad picture of the institution.An ad...Published: 22 May 2023 at 06:35hrs | 1 | by Staff reporter
Mnangagwa bans disclosure of public procurement
President Mnangagwa on Tuesday okayed a new decree under which all procurement in construction, medical equipment, medicines and drugs as well as protective clothing in hospitals "shall not be publicl...Published: 10 May 2023 at 06:09hrs | 2 | by Staff reporter
'Gold tokens will unlikely save Zimdollar'
THE recently-announced gold-backed digital tokens will neither strengthen the local currency nor reduce chronic inflation because of waning market confidence and trust in government, an economic watch...Published: 08 May 2023 at 06:12hrs | 1 | by Staff reporter
Gold Mafia: RBZ under sharp scrutiny
THE Reserve Bank of Zimbabwe (RBZ) has come under renewed pressure to deal with allegations of gold smuggling and money laundering after a leading think-tank said the central bank's operations should ...Published: 20 Apr 2023 at 07:31hrs | 1 | by Staff reporter
What draws the gold mafia to Dubai?
An Al Jazeera investigation shows how criminals use the city's pro-business policies to smuggle gold, clean dirty cash.https://www.youtube.com/watch?v=...Published: 06 Apr 2023 at 20:23hrs | 5 | by Al Jazeera Investigative Unit
Chamisa's CCC wants Electoral Amendment Bill to be overhauled
THE opposition Citizens Coalition for Change (CCC) believes the Electoral Amendment Bill which is in the second reading stage in Parliament needs serious amendments that include improving the design o...Published: 03 Apr 2023 at 06:29hrs | 5 | by Staff reporter
'White commercial interests dominating Zimbabwe,' says Biti
HARARE East legislator who is a Former Finance Minister and one of the leaders of Nelson Chamisa's Citizens' Coalition for Change Tendai Biti says Zimbabwe government's land ownership structure was st...Published: 01 Apr 2023 at 07:38hrs | | by Staff reporter
Parly summons Zacc over unresolved graft cases
THE Public Accounts Committee (PAC) says it will summon the Zimbabwe Anti-Corruption Commission (Zacc) to appear before Parliament to explain bottlenecks in dealing with graft which is annually expose...Published: 03 Mar 2023 at 06:25hrs | 8 | by Staff reporter
Fresh Zimbabwe farm invasions loom
RULING Zanu-PF members have formed a shadowy group dubbed "Land for Economic Development (ED)" to fast-track parcelling out of "unutilised" land to party youths ahead of next year's crunch polls....Published: 12 Dec 2022 at 18:39hrs | 17 | by Staff reporter
Zimbabwe land reallocations to benefit 260 000 people
Up to 260 000 people on the waiting list for farms are expected to benefit when the Government begins to reallocate abandoned plots, underused farms and farms that are lying idle.Those with mu...Published: 29 Nov 2022 at 05:16hrs | 7 | by Staff reporter
Zec unsettles CCC
THE opposition Citizens' Coalition for Change (CCC) fears the Zimbabwe Electoral Commission (Zec) will manipulate the delimitation process in favour of Zanu-PF, hence the commission's strange failure ...Published: 13 Nov 2022 at 17:45hrs | 7 | by Staff reporter
Zesa to bill in local, US dollars
WITH official and black market foreign currency exchange rates moving towards convergence, the Government is considering allowing customers to settle their electricity bills using either local currenc...Published: 23 Oct 2022 at 09:07hrs | | by Staff reporter
Staff exodus hits AG office
Auditor-General Mildred Chiri has bemoaned government's failure to pay competitive salaries, which has resulted in her office losing qualified personnel.The auditor-general said the high staff...Published: 03 Oct 2022 at 06:15hrs | | by Staff reporter
Fuel abuse rocks Zimbabwe municipalities
SEVERAL local authorities are failing to account for thousands of litres of fuel allocated and disbursed for specific projects in an exposé that confirms how corruption is now rife within councils....Published: 28 Sep 2022 at 06:11hrs | | by Staff reporter
Globetrotting Mnangagwa walking in Mugabe's footsteps
IN June 2017, the late former president Robert Mugabe attracted an angry backlash following his trip to a United Nations (UN) conference in Mexico on oceans even though the country is a landlocked sta...Published: 25 Sep 2022 at 16:49hrs | | by Staff reporter
Chamisa linked CSOs red-flag Gokwe-Kabuyuni by-election
THE Zimbabwe Electoral Commission (Zec) is under fire for presiding over alleged gross irregularities in the weekend Gokwe-Kabuyuni parliamentary by-election.The opposition Citizens Coalition ...Published: 30 Aug 2022 at 06:35hrs | | by Staff reporter
'Zimbabwe Electoral Commission refuses to release voters roll'
Nelson Chamisa linked activist group, Team Pachedu has accused the Zimbabwe Electoral Commission (Zec) of refusing to release a consolidated voters roll ahead of the delimitation exercise.In l...Published: 19 Aug 2022 at 06:45hrs | | by Staff reporter
Mnangagwa says ministries driving black market
PRESIDENT Emmerson Mnangagwa has for the first time admitted that there has been massive pilferage and corruption in government departments which is driving the black market and prices of goods and se...Published: 16 Aug 2022 at 06:41hrs | | by Staff reporter
Bogus ZIFA fighting a losing battle
ZIFA lawyer Chenaimoyo Gumiro insists the association's recent Congress was in line with their constitution, and the April 23 resolutions, which included revoking Felton Kamambo's mandate, are not onl...Published: 31 Jul 2022 at 08:10hrs | 2 | by Staff reporter
ZEC opens voter's roll for inspection
THE Zimbabwe Electoral Commission (ZEC) yesterday opened the national voter's roll for public inspection ahead of the imminent delimitation of constituencies with more than 11 000 inspection centres e...Published: 18 Jul 2022 at 08:17hrs | | by Staff reporter
Employees want respect from their employer
What employees value most is respect, according to occupational psychologist Memory Nguwi. Also important are supportive leadership and leaders who live the organisation’s core values, he said. ...Published: 28 Jun 2022 at 09:48hrs | 13 | by Agencies
Load More Stories
