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Africa Subsaharan
Zim Bigwigs get 5 weeks to declare assets
2018-01-24
[HERALD.CO.ZW] GOVERNMENT yesterday directed ministers, their deputies, permanent secretaries, senior principal directors, board chairpersons and board members of State enterprises and parastatals, and chief executive officers of State enterprises to declare their assets by not later than February 28.

This is in line with the fundamental tenets of good corporate governance. Also expected to declare their assets are chairpersons and members of Constitutional commissions (both executive and independent) and chief executive officers of local authorities. The mentioned officials are expected to submit a written declaration of their assets by the said date.

Chief Secretary to the President and Cabinet Dr Misheck Sibanda said in a statement yesterday that the declaration of assets documents should contain the following information ‐ details of all immovable property owned by the public servant or those in which he or she has an interest and any item of movable property exceeding US$100 000 in value owned or leased by the individual concerned or in which he or she has any other interest.

The officials should also reveal any business in which they have an interest and or in which they play a part in running. The nature of the interest in the property or business concerned must be clearly stated, said Dr Sibanda.

"The Declaration of Assets documents should be submitted under sealed envelope to the undersigned by no later than 28th February, 2018," he said.

"Heads of ministries are hereby directed to coordinate the collection, and submission of all declarations in respect of designated grades within their ministries, as well as in public entities and Constitutional bodies under their purview.

Posted by:Fred

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