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NEWS & CURRENT AFFAIRS

Topic : Financial Statements

Zvishavane council financial records in shambles
ZVISHAVANE Town Council’s 2023 financial statements reveal unresolved variances totalling ZWL$4,28 billion amid concern over funds mismanagement.
By Silas Nkala Aug. 14, 2025
Zvishavane council financial records in shambles

Firms struggle with accounting standards
The group also failed to comply with IFRS 13.
By Melody Chikono Jan. 12, 2024
Firms struggle with accounting standards

‘Poor oversight fuelling mismanagement at SoEs’
This resulted in unauthorised excess expenditure of $87,224,158,615. Treasury was still to regularise the excess expenditure at the time of audit on May 16, 2022.
By Mirriam Mangwaya and Harriet Chikandiwa Oct. 27, 2023
‘Poor oversight fuelling mismanagement at SoEs’

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