IT Audit Is Now Mandatory in Zimbabwe. Here’s What Every Organisation Needs to Know
IT Audit Is Now Mandatory in Zimbabwe. Here’s What Every Organisation Needs to Know With the full implementation of the Cyber and Data Protection Act [Chapter 12:07] and the subsequent Statutory Instrument (SI) 155 of 2024, IT Audits are now a legal imperative in Zimbabwe, not merely a best practice. As of 2026, organizations must prove rigorous controls…
Why Large Zimbabwean Firms Are Failing and What Can Be Done to Prevent Collapse
Why Large Zimbabwean Firms Are Failing and What Can Be Done to Prevent Collapse Zimbabwe is experiencing a sharp rise in large‑scale corporate distress. The recent wave of major companies entering formal rescue proceedings highlights deep‑seated structural challenges affecting even the most established enterprises. Liquidity Mismatches Are Suffocating Big Businesses Many firms are relying on…
Corporate Rescue in Zimbabwe: A Lifeline for Struggling Businesses
Raymond Sibanda International Liaison Partner Insolvency Practitioner MBA, BSc (Hons), CPA, REA, RPAcc Corporate rescue, also known as business rescue or restructuring, is a legal framework designed to assist financially distressed companies in Zimbabwe to restore solvency and continue operations. The process aims to balance the interests of creditors, shareholders, employees, and other stakeholders while…