Minerals firms slated for inadequate control mechanisms

Farirai Machivenyika Senior Reporter
The Zimbabwe Consolidated Diamond Company and the Minerals Marketing Corporation of Zimbabwe have weak control mechanisms that could be prejudicing the State of the much needed revenues from mineral resources.

This was said by Mr Tafara Chiremba, the programmes officer at the Zimbabwe Environment Law Association when he appeared before the National Assembly Portfolio Committee on Mines and Energy to brief them on the 2019 Auditor General report on the two entities.

In the report, Auditor General, Mrs Mildred Chiri, cited poor record keeping, abuse of resources and failure to follow procurement regulations in the entities, among other loopholes.

Mr Chiremba said it was necessary to institute forensic audits in the two organisations.

Related Posts

Court grants reciprocal protection order to couple

  Sekai Manyere Herald Reporter A HARARE couple has been granted a reciprocal protection order against each other by the Harare Civil Court following allegations of domestic violence, harassment and…

Two Tanzanians nabbed with R1.5 m dagga at Beitbridge

  Thupeyo Muleya Beitbridge Bureau TWO Tanzanian nationals have been arrested at Beitbridge border post after being found with marijuana worth R1.5 million in a suspected cross-border drug trafficking syndicate…

Leave a Reply

Your email address will not be published. Required fields are marked *