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EU,CZI fight graft


THE EUROPEAN Union (EU) has joined forces with the Confederation of Zimbabwe Industries (CZI) in an attempt to fight corruption in the corporate world, it emerged yesterday.

Own Correspondent

EU head of delegation in Zimbabwe ambassador Aldo Dell ’Ariccia told Southern Eye Business on the sidelines of the on-going CZI annual congress that the bloc has injected more than 25 000 euros to fight bribery and corruption in Zimbabwean companies.

The CZI congress is running under the theme “Imperatives for reversing deindustrialisation”.

Dell ’Ariccia said: “The project is spearheaded by CZI and we injected 20 000 euros in a move set to revive the industry essentially and not for Bulawayo or Matabeleland region alone, but for the whole country.”

He added that Bulawayo has a potential to regain its past glory and that as EU, they have had good relations with CZI.

“We have been having a good commitment with CZI and as EU, we hope to strengthen our relations and build a better economy in Zimbabwe hence the support of anti-bribery and corruption project,” Dell’Ariccia said.

CZI president Charles Msipa, who doubles-up as managing director of Schwepes Zimbabwe Limited, revealed that a meeting on unethical business conduct will be held in Harare later this month.

“Unethical business must be dealt with. CZI is scheduled to hold ethics and anti-corruption meeting this month in Harare. Zimbabwe must start to operate business in a changed way so that we revive the economy of Zimbabwe,” he said.

Anti-graft organisations such as Transparency International Zimbabwe, have released various reports indicating that corruption is endemic in the country, particularly in the private sector.

Presently there are allegations of rampant corruption in the country’s booming mining sector with several top officials implicated in bribery scandals.

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