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Be innovative, minister tells chartered accountants

Business
Midlands Provincial Affairs minister Owen Ncube

MIDLANDS Provincial Affairs minister Owen Ncube has implored chartered accountants to come up with innovative and adaptive solutions to support sustainable economic development as the economy gears towards attaining an upper middle income status by 2030.

Speaking at the Institute of Chartered Accountants of Zimbabwe (ICAZ) graduation ceremony in Gweru recently, Ncube called for the collaboration between ICAZ and the public sector to leverage opportunities presented by globalisation, digital transformation and evolving governance frameworks towards professionalism and accountability.

“Our government is deeply committed to the realisation of Vision 2030 — our ambitious plan to become a middle-income economy within the next six years,” Ncube said.

“This vision is rooted in the ideals of progress, inclusivity and sustainable development. We understand that achieving this goal requires not only robust economic strategies but also capable, ethical and forward-thinking leadership across all sectors, especially in the public sector.”

He said ICAZ should play its critical role in ensuring that the leadership within the public sector meets these demands with focus on integrity, accountability and professionalism.

“We live in a time of rapid change. The demands placed on public sector leadership have never been greater. There is a need for a public sector that is not only efficient, but also innovative and adaptive to the emerging challenges and opportunities presented by globalisation, digital transformation and evolving governance frameworks,” he said, adding that ICAZ plays a critical role in ensuring that the leadership within the public sector “meets these demands, with its unwavering focus on integrity, accountability, and professionalism”.

“In line with this, the Government of Zimbabwe recognises that sustainable development is achievable when we have a public sector that is led by individuals who are prepared to navigate the complexities of modern governance, skilled in risk management and committed to delivering excellence in service. These are the leaders we need to cultivate and this is why we place immense value on the work of ICAZ.”

He said as the country moves closer to 2030, the public sector should intensify efforts, especially in enhancing leadership capabilities, ensuring sound financial management and nurturing professional excellence across all sectors.

“As we look toward the future, we must reflect on the milestones we have reached and the work that lies ahead. Vision 2023 has seen a stronger focus on economic resilience, creating a conducive environment for investment and strengthening governance structures,” Ncube said.

“However, as we move closer to 2030, we must intensify our efforts, especially in enhancing leadership capabilities, ensuring sound financial management and nurturing professional excellence across all public sector institutions.

“To this end, the collaboration between government, professional bodies like ICAZ and the private sector is essential. Together, we must build systems that promote transparency, efficiency and accountability. We must also equip our workforce with the necessary skills and mindset to lead with integrity, ensuring that our public sector continues to be a driver of national development.”

The Provincial Affairs minister commended ICAZ for its commitment to professional development in the accounting profession which will unlock Zimbabwe’s economic potential.

The graduation ceremony saw 45 students graduating with a certificate in Public Sector Professional Accountancy from two intakes of December 2023 (14) and June 2024 (31).

The top five candidates in the December 2023 exams were Arthur Maziveyi, Rodwell Mudzvovera, Dudzai Chiwaka, Masimba Mapfuwa and Joseph Wisikoti, while Liberty Muzveba, Tinashe Hondoyachepa, Wellington Mugwenhi, Peter Manjokota and Macdonald Magedi excelled in the June 2024 exams.

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