adminARISTOTLE, the ancient Greek philosopher, is credited with the brilliant principle of Cause and Effect, which promulgates that everything in our world is governed by law, not luck nor chance. It is common knowledge that even the world’s major religions operate on this powerful law. ‘What a man sows, he shall reap’ is a common truth in many religions.
Accordingly, ailing timber producing and processing company, Allied Timbers, sow the seeds of failure when the management allegedly presided over shocking assert stripping without the slightest consideration of viability of the company as a business entity.
Simply because of their carefree attitude, characterised by alleged looting of company property and lack of maintenance of machinery, Allied Timbers finds itself in muddy waters, in dire need for recapitalisation.
Reports elsewhere in this newspaper that indicate that company asserts were taken from the Allied Timbers Nyakamete Industrial area station to unknown destinations makes sad reading.In fact, it actually amounts to theft by office bearers who never bothered to imagine the obvious effects of their actions.
It is not by chance, nor is it by accident that the company now finds itself struggling to pay its workers or to operate at optimum level, but a direct result of the sheer lack of corporate governance and sound management principles by those who masqueraded to us as blameless company executives.
The fact that the company has machinery that is missing and cannot be accounted for naturally leaves progressive citizenry dumbfounded and praying for the bringing to book of the culprits. The forensic audit report to be made public soon that was carried out by chartered accountants KMPG on Allied Timbers is widely expected to expose the alleged uncontrolled looting of asserts that had become a norm with the powers that be at that time being the main culprits.
Those responsible for the rundown of this once viable entity must be answerable for their misdeeds given that their actions were tantamount to economic sabotage.
Zimbabwe cannot surely continue to condone economic saboteurs at a time when its masses are crying out for jobs and yearning for a better economy.
Now that Government is geared to assisting Allied Timbers in its effort to revamp its operations, one hopes that the money and machinery that will be received will be put to good use.
Cases of employees collapsing during working hours due to hunger as the company struggles to pay monthly wages and salaries must be a thing of the past.
In the same breadth we feel obliged to thank Government’s efforts to resuscitate the company so that families of employees can also afford a decent sleep, while the country’s Gross Domestic Product gets something too.
It is also incumbent upon the current company administration to ensure that resources are directed where they ought to be in order for the company to prosper.
Zimbabwe has numerous educated people and that high literacy rate needs to be reflected in the way we do business, especially in State-owned companies.
As a country, it is time we do away with thieves posing as company executives.
We surely cannot continue turning a blind eye and letting them go free because in the end, as they say, history will blame, not those who wronged the nation, but those who remained aloof as the nation’s resources was being plundered.
Online Reporter