Govt restructures Zinara

HARARE - President Emmerson Mnangagwa’s administration has put plans in motion to restructure the Zimbabwe National Road Administration (Zinara) as a way of making the parastatal more effective and reduce corruption.

Over the past few years Zinara has been under fire from various stakeholders in the economy over its failure to upgrade roads in many parts of the country despite the fact that the department is collecting toll fees from the motoring public on a daily basis.

Finance minister Patrick Chinamasa on Friday said the parastatal will remain under the ministry of Transport and Infrastructure Development “but with a focus on revenue collection and not on technical road construction activities”.

“The ministry is challenged to ensure that there is improved transparency and accountability in the operation of Zinara,” he said in an update on State enterprises reform.

This comes after a recent report compiled by a five-member independent committee which revealed that  Zinara lost over $119 million to two of its managers through shady deals and unprocedural tenders according to the latest report findings.

The special commission, comprising Elias Ndlovu, Dumisani Kufaruwenga, Philip Chitsika, Tendai Mavhunga and Abraham Muza, was appointed last October by Transport minister Joram Gumbo to investigate all projects that were undertaken by Zinara in the five-year period between 2011-2016, including the $206 million rehabilitation of the Plumtree-Mutare highway, after a forensic audit revealed financial rot at the parastatal.

The report has since been submitted to Mnangagwa to implement its recommendations.

Meanwhile, Chinamasa indicated that government has been consistent in emphasising the critical contribution expected from the State enterprises and parastatal (SEPs) sector towards the revival of Zimbabwe’s economic fortunes.

“In this regard government has for some time been pursuing a programme of SEPs reform designed to enhance performance, improve service-delivery and to bring more order, discipline and rationality to the sector as a whole,” he said.

“This includes promoting good corporate governance in the SEPs sector, undertaking an overall Strategic Portfolio Review, individual SEPs Performance Reviews and, conducting Forensic Audits where the need arises in some SEPs,” he added.

The treasury boss noted that the Grain Marketing Board is expected to complete work on delinking the Strategic Grain Reserve and the parastatal’s commercial operations.

“Grain Marketing Board will continue to manage the Strategic Grain Reserve on behalf of government. All costs directly related to the management of the Strategic Grain Reserve will be borne by government,” Chinamasa said, adding that the expenses will include storage costs which will be provided for under the fiscus.

Chinamasa also indicated that government is restructuring the national power utility, Zesa Holdings.

“A single Zesa Board will be established to take charge of the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), Zimbabwe Power Company (ZPC) and Zesa Enterprises. The Boards of ZETDC, ZPC and Zesa Enterprises are to be dissolved,” he said.

“The Board will be allowed to engage strategic partners under ZPC operations where necessary.  The strategic and Zesa-specific activities of Powertel will be incorporated under ZETDC whilst excess telecommunication capacity will be included in the merger between Zarnet and Africom,” he added.

— The Financial Gazette
 

Comments (5)

There is evidence that 2 managers stole $119m and they still have their freedom, which is shocking. Clearly, what is needed is restructuring of the mindset not the parastatals.

Disaster - 16 April 2018

restructuring - another word for rearranging the deck chairs on the SS Zimbabwe Titanic !

ace mukadota - 17 April 2018

Send these two managers to the gallows.No mercy for such theft two people can use government resources to enrich themselves

Anthony mazuru - 17 April 2018

They say the apple does not fall far from the tree. The rot at ZINARA does not surprise the nation knowing the head honcho at ZINARA was another Mugabe - the infamous clan had a finger in every pie. The managers found guilty are most likely part of a grander scheme of corruption, money laundering and externalisation. It is public knowledge of the ZINARA accounts in South Africa, overhead, under table deals, shopping sprees involving the said manager and a certain Albert Mugabe, the board chairman of ZINARA. And the trail of the looted funds will definitely end at the Blue Roof.

Daniel 5 - 17 April 2018

For sure , i cant invest my vote on such new old dispensation , this is shocking , may God help us and have a new party running the affairs of this country.To tell you what comes to my mind - what is being said here is just nothing . we need a new government to unearth everything

matebele warrior - 17 April 2018

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