President Emmerson Mnangagwa says the government will seriously consider the request by the Institute of Chartered Accountants of Zimbabwe (ICAZ) to have its members considered for appointment in different boards of state owned enterprises as the country seeks to enhance the performance of parastatals.
In a speech read on his behalf during the ICAZ centennial gala dinner in Victoria Falls last night, President Mnangagwa said the government appreciates the significant role being played by ICAZ in developing the accounting profession and supporting government’s fight against corruption, fraud and money laundering.
“I am aware that ICAZ members have offered to serve on these boards. Going forward, ICAZ members should be appointed to serve on the boards of state owned enterprises in order to assist in strengthening and turning around of the entities,” he said.
The President reminded the chartered accountants that unethical business practices such as promoting transfer pricing and tax evasion will derail the country’s economic recovery.
Newly appointed ICAZ President, Mr Tapiwa Chizana assured the government of the institute’s commitment to contribute to the country’s economic recovery while outgoing president, Mr Martin Makaya stressed the need for the consolidation of the accounting profession.
“I wish to assure this gathering that we will work tirelessly to ensure that we make positive contributions to the development of the local economy,” said Mr Chizana.
ICAZ is celebrating 100 years of existence under the theme: ‘Celebrating Our First 100 Years, A Stepping to the Next 100 Years.’