Companies urged to invest in security

Markets
THE Association for Business in Zimbabwe (Abuz) has urged local companies to scale security operations up as a way of curbing unnecessary losses involving all forms of crime, an official has said.

THE Association for Business in Zimbabwe (Abuz) has urged local companies to scale security operations up as a way of curbing unnecessary losses involving all forms of crime, an official has said. MTHANDAZO NYONI OWN CORRESPONDENT

Speaking at the Abuz business luncheon on Wednesday, Tracey Conway-Burns, a security expert who was the guest of honour, said companies should invest in security operations as a way of curbing crime which has of late skyrocketed in Bulawayo.

“There are different types of crime such as white collar crime, fraud and corruption. I would like to advise companies to liaise with security as well as police. Most companies tend to rely on internal security and sideline police,” Conway-Burns said.

“Crime affects businesses and companies should be aware when it is happening. These days there is rising of crime especially white collar crime.”

Lucky Mlilo, chief executive officer for Abuz said companies should unite to fight crime and corruption.

“We need to unite to fight crime because as individuals it is hard to do that. Last year towards December there was an upsurge in crime rate in the city hence companies should always be aware of that,” Mlilo said.

Abuz is a registered mutual support business association formed in Bulawayo in 2004 to look after the interests of those in business of all types in Zimbabwe — commercial, industrial, mining, professional or agricultural; registered companies, partnerships or individuals.

Though currently situated in Bulawayo, it intends to establish branches throughout Zimbabwe and a membership of over 130 companies.