RioZim burns $13 billion 

Source: RioZim burns $13 billion –Newsday Zimbabwe CURRENT liabilities at the listed multi-asset resource outfit, RioZim, barrelled over current assets by $13 billion during the half-year to June 30, 2022, financial statements showed, as terrified authorities feared the firm could collapse. Firms sitting on higher current liabilities than assets sweat over working capital – the […] …
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Uproar over Makandiwa’s corruption remarks

Source: Uproar over Makandiwa’s corruption remarks -Newsday Zimbabwe Emmanuel Makandiwa United Family International Church (UFIC) leader Emmanuel Makandiwa has torched a storm after one of his sermons went viral on social media, in which he appeared to “sanitise” corruption. In the clip, the UFIC leader said: “Some of you don’t understand. Some of you hear […] …
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Govt sleeping on the wheel: Zimcodd 

Source: Govt sleeping on the wheel: Zimcodd –Newsday Zimbabwe GOVERNMENT has been accused of failing to force State entities to regularly submit financial statements to the Auditor-General (AG), Mildred Chiri for audit. A report by the Zimbabwe Coalition on Debt and Development (Zimcodd) issued this week revealed that ministries and local authorities have consistently failed […] …
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IoDZ pushes for stronger audit committees

Source: IoDZ pushes for stronger audit committees –Newsday Zimbabwe Catherine Nyachionjeka THE Institute of Directors Zimbabwe (IoDZ) has urged companies to take board audits seriously. IoDZ chief executive officer Catherine Nyachionjeka told NewsDay Business on the sidelines of a masterclass board audit committee workshop in Kariba last week that audit committees are critical to business. […] …
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Govt ‘pampers’ education executives

Source: Govt ‘pampers’ education executives –Newsday Zimbabwe Taungana Ndoro GOVERNMENT is reportedly pampering senior civil servants in the education sector by giving them travel and subsistence allowances pegged in United States dollars (US$), a development that has sparked outrage among teachers. NewsDay has gathered that the senior officials who include provincial school inspectors and district […] …
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