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'Nssa rebranding bearing fruits' - Zimbabwe Situation

Directors under the spotlight


THE conduct of directors within corporates will now be under intense scrutiny following the signing of a Memorandum of Understanding (MoU) between the Zimbabwe Anti-Corruption Commission (ZACC) and the Institute of Directors Zimbabwe (IoD) recently. 
Through the MOU, the two parties mapped a strategy to deal with flouting of corporate governance principles creating loopholes for corruption in entities. 
A technical committee made up of members from ZACC and IoD will be tasked with an oversight role to co-ordinate and facilitate work within the partnership. 
IoD chairperson, Dr Mike Juru, said key corporate governance principles which were being flouted included accountability, transparency, conflict of interest rising from failure to declare and recuse oneself among other factors.  ....

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Strides in convention against corruption - Zimbabwe Situation


Strides in convention against corruption
Justice Loyce Matanda Moyo
ON Wednesday December 9, 2020, Zimbabwe joined the entire world in commemorating the International Anti-Corruption Day. Having noted that corruption is among the greatest threats that the world is facing, the General Assembly of the United Nations adopted the United Nations Convention Against Corruption (UNCAC) on October 31, 2003. Following a resolution passed by the United Nations General Assembly, December 9 was set aside as the International Anti-Corruption Day. This memorable day is dedicated to raising awareness on corruption and the role of the Convention in combating and preventing the scourge.
It is estimated that the world is losing a staggering US$$3,6 trillion to corruption. This is a sum of money that could have been channelled towards economic development and the betterment of livelihoods. ....

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