Zimbabwe: Audit Entire Mining Sector

30 April 2014

AN audit is important in any organisation as it helps in detecting the effectiveness and efficiency of operations. It is through audits that fraud is unearthed as audits look at internal control systems as well as finances of an organisation.It must be borne in mind that an audit is never a witch-hunt but helps in locating and correcting errors.

To this end, we applaud the Mines and Mining Development minister Walter Chidhakwa for ordering an audit in diamond firms to ascertain whether or not the firms were complying with good corporate governance.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.