Local firm in drive against corruption

fight against white-collar crime in both the private and public sectors.
Since the switch from the Zimbabwean dollar to the multi-currency system, there has been an unprecedented rise in fraud and corruption in business.
Under the envisioned partnership, the two entities will help business organisations and public sector bodies to detect fraudulent and corrupt activities in business.
CTZ official Mr Trueman Dehwe said in an interview, there has been a surge in fraud in companies that has prompted many organisations to engage skilled professionals to help detect such activities before they negatively impacted on company operations and profitability.
“An agreement (with the Anti-Corruption Commission) is expected to be reached soon as it has only been delayed by the restructuring process currently being undertaken by the commission. We are, however, confident that we will be working together in the near future.
“We have been hosting and facilitating a good number of conferences and over the period demand for fraud detection expertise has steadily increased.
“It is against this background that we have decided to move a step further by including a Government arm,” said Mr Dehwe.
He added that white-collar crime is currently pervasive in virtually all the sectors of the economy, but most particularly in the financial services sector.
Added Mr Dehwe: “Over the years, there has been increased demand from financial companies for workshops that are targeted at combating fraud and corruption and also help in financial management.
“A leading financial institution recently tasked us to draft a financial plan for them and also an insurance company has requested us to facilitate a training programme for them from Kesdee of the United States since we are certified training partners.”
Due to the proliferation of technology and valued added products from the Information Communication Technology sector, there are programmes that have also been designed to ensure that businesses understand some of the pitfalls on the electronic marketplace, which has occasioned by e-commerce.
From Monday next week, CTZ will he holding a three-day workshop in Nyanga that is tailored to train locals about the electronic marketplace, internet, e-commerce and online business.
The workshop will highlight the components and functioning of the e-marketplace, identification of the threats in the e-marketplace and the social media threats in the electronic marketplace.
The workshops will culminate in a convention dubbed “Zimbabwe Anti-Corruption Conference and Workshop” that will be held in Victoria Falls in August.
The convention will mainly be targeting bankers, IT personnel, stores managers, purchasing managers, loss control managers, human resources managers, administration managers, internal and forensic auditors.
Speakers at the event will include Dr Jar Botha, Professor Barry Splitz, Mr Mashandu Ramano, Mr Peter Peddler and Mr Bart Handerson.
Last year CTZ partnered Henderson Solutions of South Africa in order to come up with practical solutions on combating fraud.
It also partnered Kesdee of the US and the Euromoney Institute.
Delegates who have attended previous workshops include those from the ministries of Economic Planning and Investment Promotion and Home Affairs, Ernst & Young, Zimra, Zesa Holdings, TelOne, Zimnat Life Assurance and financial institutions like TN Bank.