Economy

President Mnangagwa endorses Chartered, Governance and Accountancy Institute…urges transparency for economic growth

President Emmerson Mnangagwa

By Nyasha Mutena

Zimbabwe’s brighter socio-economic prospects are a culmination of government’s multi-pronged reforms across all sectors.

During the official opening of Chartered Governance and Accountancy Institute in Zimbabwe (CGAIZ) 50th Anniversary and annual conference held in Victoria Falls, President Emmerson Mnangagwa confirmed that this is leading to stabilisation of the economy with budget surpluses notwithstanding the domestic and global challenges imposed by the Covid 19 pandemic which has been wreaking havoc worldwide in the past 2 years.

In addition, President Mnangagwa encouraged CGAIZ to efficiently harness resources, skills and competences in order to assist this country to develop and use its resources properly and efficiently.

“This country should not waste resources. With the skills you have the pace of development in the country is increased.

“The pace of development is constrained because not everyone is pulling in the same direction. Proper auditing helps us to move forward. We need to develop a new culture where each one of us should be remembered for having been patriotic,” he said.

Moreover, President Mnangagwa slammed corruption and assured that those found wanting will bite the bullet.

“The new culture and work ethic of 2nd republic is to work hard. I understand you are highly qualified to monitor, give oversight and detect corruption. Our national determination and culture of adaptability is a demonstration that in unity, peace and harmony we can achieve our development targets.

“Some of the hallmarks of my administration include entrenching democracy, fighting corruption, accountability, transparency. ZACC is doing a good job. Integrity committees are being set up. The anti-corruption fight is a collective responsibility and Government cannot do it alone,” said President Mnangagwa.

In light of this, President Mnangagwa reiterated that more focus should be directed towards capacity building and infrastructure development. He commended CGAIZ for taking bold steps on capacity building projects.

“My attention and eyes are now on you, there should be robust cooperation between you and government. Be able to tell us what legislation and laws we should embark on to make your environment safe to efficiency, transparency and accountability. We will work with you to help us deliver and improve people‚Äôs lives,” he added.