New Zimbabwe.com

Zifa to publish audited accounts for the first time

Spread This News

ZIFA has undertaken to publish its audited financial accounts for 2011, 2012 and 2013 which will be presented to the assembly at the end of July.
Xolisani Gwesela, the Zifa spokesperson said the assembly was expected to ratify the accounts which were audited by Barker, Tilly and Gwatidzo.
“The accounts will be presented to the assembly for ratification on July 25 2014 and will thereafter be presented to the public.
“This is further evidence that Zifa adheres to corporate governance tenets and going forward we shall remain transparent and accountable,” said Gwesela.
Cuthbert Dube took office in 2010 after the Asiagate scandal and made efforts to clean up the mess.
Since he assumed office the financial accounts have never been published and this is the first set of accounts to be published by the national association re-elected for a second term in office in March this year.
Zifa is in the process of acquiring new offices at Alexandra Park in Harare following a $500,000 grant by Fifa.
Dube said he was happy the association would finally move out of the “house of horror” (53 Livingstone Avenue) christened so because of the match-fixing scandals that took place between 2006 and 2009.
“From Harare, we are moving to Bulawayo where we would build new headquarters for the region. I want to leave a legacy after my tenure.
“We have the agreements for the Alex Park offices and we are not stopping and I am pleased Fifa is supporting us throughout this programme.
“We are fully behind Sepp Blatter and he we are going to vote for him next year,” Dube told a recent football indaba in Harare.
Zifa will receive a grant of $250,000 from Fifa this year plus $500,000 as bonus from the 2014 World Cup that is taking place in Brazil.
This is outside the grants for the new buildings in Harare and Bulawayo.Advertisement