THE Minister of Finance and Economic Development Patrick Chinamasa has unveiled a new board for the Zimbabwe Revenue Authority. The new board is chaired by Mrs Willia Bonyongwe who is also the chairman of the Securities and Exchange Commission. She will be deputised by Mr Percy Toriro. Other members of the new board include economists Mr Arnold Chidhakwa and Nation Madongorere, lawyer Ms Sarudzai Njerere, Mrs N Nompumelelo Mellyora Abu-Basutu, Mr Moffat Nyoni and Mrs Betty Katiyo.
The permanent secretary in the Ministry of Finance and Economic Development, Mr Willard Manungo, and Zimra commissioner general Mr Gershem Pasi are ex-officio members of the board.
Mrs Abu-Basutu and Mr Manungo are the only two surviving members of the previous board.
Announcing the new board at his offices yesterday, Minister Chinamasa mandated the board to ensure that Zimra has efficient systems and processes in place by harnessing and using innovation to mobilise resources in an increasingly liquidity constrained economic environment.
“The mandate which I am giving you is to abhor a culture of self-entitlement and corruption which has pervaded our society and in that regard, all acts of conflict of interest must be fully disclosed and declared and dealt with as provided for in the Revenue Authority Act,” said Minister Chinamasa.
It must also “observe good corporate governance practices and standards in all its dealings as enunciated in the National Code on Corporate Governance Zimbabwe, the Corporate Governance Framework on State Owned Enterprises, the Revenue Authority Act Chapter (23:11) and other related legislative provisions and Government Policies”, he said.
He said Zimra is at the centre of achieving all goals of ZimAsset through mobilising the desired financial resources.
The board is mandated to use the Integrated Results Based Management (IRBM) System which underpins ZimAsset in mobilising tax revenues for Government; to ensure that the Zimbabwe Revenue Authority has efficient systems and processes in place by harnessing and using innovation to mobilise resources in an increasingly liquidity constrained economic environment and to lead the Authority in formulating policies which can guide management in achieving the key objectives of mobilisation of financial resources for the fiscus and trade facilitation.
Other roles include to formulate and guide management on the strategic direction of the Organisation underpinned by the ZimAsset National Strategic Plan and other Government policies; to promote constructive and good relations between the Shareholder, Board and Management. Such a conducive environment will in no doubt, enhance service delivery by management and the authority’s staff as a whole which is the conduit to achieving the required revenue mobilisation objectives. Herald
The permanent secretary in the Ministry of Finance and Economic Development, Mr Willard Manungo, and Zimra commissioner general Mr Gershem Pasi are ex-officio members of the board.
Mrs Abu-Basutu and Mr Manungo are the only two surviving members of the previous board.
Announcing the new board at his offices yesterday, Minister Chinamasa mandated the board to ensure that Zimra has efficient systems and processes in place by harnessing and using innovation to mobilise resources in an increasingly liquidity constrained economic environment.
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| Patrick Chinamasa unveils new board for ZIMRA |
It must also “observe good corporate governance practices and standards in all its dealings as enunciated in the National Code on Corporate Governance Zimbabwe, the Corporate Governance Framework on State Owned Enterprises, the Revenue Authority Act Chapter (23:11) and other related legislative provisions and Government Policies”, he said.
He said Zimra is at the centre of achieving all goals of ZimAsset through mobilising the desired financial resources.
The board is mandated to use the Integrated Results Based Management (IRBM) System which underpins ZimAsset in mobilising tax revenues for Government; to ensure that the Zimbabwe Revenue Authority has efficient systems and processes in place by harnessing and using innovation to mobilise resources in an increasingly liquidity constrained economic environment and to lead the Authority in formulating policies which can guide management in achieving the key objectives of mobilisation of financial resources for the fiscus and trade facilitation.
Other roles include to formulate and guide management on the strategic direction of the Organisation underpinned by the ZimAsset National Strategic Plan and other Government policies; to promote constructive and good relations between the Shareholder, Board and Management. Such a conducive environment will in no doubt, enhance service delivery by management and the authority’s staff as a whole which is the conduit to achieving the required revenue mobilisation objectives. Herald
