By Mhlomuli Ncube
THE Chartered Governance and Accountancy Institute in Zimbabwe (CGAIZ) has been described as an important partner to the government in fighting financial malpractices.
While basking in the glory of its 50th anniversary, there were important reminders that the Chartered Governance and Accountancy Institute in Zimbabwe (CGAIZ) which is holding its annual conference in Victoria Falls, is an important body of knowledge in helping the government fight malpractices in the financial sector.
For the Reserve Bank of Zimbabwe (RBZ) institutions such as the Chartered Governance and Accountancy Institute in Zimbabwe are critical partners in fighting misdemeanours such as money laundering, corruption and other misdeeds.
There was also a moving appeal from the Zimbabwe Anti-Corruption Commission (ZACC) for the private sector to join the national anti-graft drive.
“We are the bricks. Brick by brick, stone by stone. We are happy that the CGIZ of Zimbabwe is collaborating with many institutions in fighting this evil. We are in the process of developing another MOU to fight money laundering.
“We appeal to organisations like you to join us in abhorring corruption which is very costly to the nation.”
There was also consensus that political will is critical in good governance.
“We are saying as the institute globally, our mission now is to promote good governance internationally there is an agreement now between the institute and the political.”
Formerly the Institute of Chartered Secretaries and Administrators in Zimbabwe, the (CGIZ) has championed programmes such as Excellence in Corporate Governance Awards, Forensic and Public Sector Accounting.
Its membership has contributed to corporate leadership in both the private and public sectors.