Online Reporter
Ivan Zhakata
Herald Correspondent
THE Zimbabwe Tourism Authority (ZTA) is set to hold its inaugural Annual General Meeting (AGM) in Harare tomorrow, marking a significant step towards strengthening corporate governance, accountability and transparency in the country’s tourism sector regulator.
The meeting, scheduled for Hyatt Regency Harare, will bring together stakeholders to review the authority’s performance, financial position and governance matters for the 2023 and 2024 financial years.
Among the key items on the agenda are the presentation and adoption of reports from the board chairperson, chief executive officer, finance department, and governance and compliance unit.
Stakeholders will also consider audited financial statements for the years ended December 31, 2023, and December 31, 2024, together with the Auditor-General’s reports.
The AGM is expected to ratify auditors’ fees for the two financial years under review and formally note the reappointment of the Auditor-General as the authority’s external auditor for the financial year ending December 31, 2025.
In another key agenda item, members will deliberate on board fees and sitting allowances payable to non-executive directors during the review period.
The meeting will also receive a ministerial statement outlining the performance of Zimbabwe’s tourism sector over the past two years and providing an outlook on future growth prospects.
The inaugural AGM comes as Zimbabwe intensifies efforts to position tourism among the country’s leading economic sectors through increased destination marketing, investment promotion and tourism infrastructure development.
Tourism remains one of Zimbabwe’s key foreign currency earners and a major contributor to economic growth, with authorities pursuing strategies aimed at enhancing the country’s competitiveness and attracting more international and domestic visitors.
