Mnangagwa says accountants key to Zimbabwe progress

President Mnangagwa told accountants they must guard national resources. He spoke at the Chartered Accountants Conference in Harare yesterday. The President said these number crunchers help businesses grow through accurate record-keeping. He wants them to support digital changes across Zimbabwe. Their financial know-how should make companies more competitive.

The President warned that every dollar spent needs proper tracking. He called accountants "architects of economic transformation," not just record-keepers. He demanded stronger rules for the accounting profession. Any loopholes allowing money tricks must disappear completely. Zimbabwe cannot handle financial report manipulation or tax dodging.

Mnangagwa stressed that only qualified people should work as professional accountants. The Public Accountants Act needs strict enforcement against unlicensed practitioners. He said corruption blocks development efforts. Accountants see all the numbers first-hand. They know when something fishy happens with money. The President urged them to speak up about wrongdoing.

Finance Minister, Professor Mthuli Ncube, praised the Public Accounts Board for maintaining global standards. The future of accounting includes artificial intelligence. Zimbabwe's money experts must embrace new technology and improve reporting systems. These professionals form the backbone of the country's financial system.
 

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