About ICAZ Booklet 2023
About ICAZ Booklet 2023
www.icaz.org.zw
ICAZ is a statutory body incorporated under the Chartered Accountants Act (Chapter 27:02) formed in 1918.
It is the largest and oldest Professional Accountancy Organization (PAO) in Zimbabwe and contributes to the
majority of members registered by the Public Accountants and Auditors Board (PAAB). ICAZ is a founding
member of the International Federation of Accountants (IFAC), member of the Pan African Federation of
Accountants (PAFA) and is also an associate member of the Chartered Accountants Worldwide (CAW).
Vision
To be the pre-eminent professional body in the development and promotion of accountancy, assurance and
advisory services, business and good governance practices.
Mission
To enhance the international standing and recognition of the qualification Chartered Accountant (Zimbabwe),
for the benefit of its members and to support such members in providing quality services in the public interest
A CA(Z) is a member of ICAZ who would have passed all the professional examinations of the Institute as well
as completed the requisite practical training per the ICAZ competence framework.
This category forms the bulk of the membership of the Institute.
This membership category enhances the weight and value of the articles training whilst giving the member
credible recognition as belonging to a professional body.
This category is a response to the increasing value that the employers and markets are placing on accountants
who belong to a professional body as they are assured that the person is accountable from an ethical stand point
and also that they are obliged to keep up to date with their professional development through CPDs
The ICAZ Value Proposition ICAZ Member guarantees one of transparent and honest
ICAZ assures quality and excellence in accountancy, services therefore giving peace of mind.
assurance, advisory services, business and good corporate
governance practices through its members. Its underlying • ICAZ champions ethics and professional conduct, as a
promise to all is “Integrity Always”. regulator of its members and as a propagator of good
governance practices, promoting public trust in
The CA(Z) Product is therefore: government and business.
• Internationally recognised and acclaimed
• Trusted voice and partner in business Flexibility and Future relevance
• Abreast with knowledge and developments to meet • Being an ICAZ Member allows flexibility in career choices
current and future market needs in all areas of accountancy, business and finance. A CA(Z)
• Developed and prepared to influence and lead in business can work in public practice or any business sector from
corporate or public to financial services. Multinational
International Quality and Access to Global Networks employers can enjoy the flexibility of moving any CA(Z)
• ICAZ offers access to a network of well supported across nations with ease as the ICAZ brand is globally
professionals who are technically competent, agile and accepted.
kept up to date through rigorous continuous professional • ICAZ is an educator and examiner, training the brightest
development requirements, thorough examination and best. As a thought leader and guide, the Institute
process and articles training experience. works to ensure that members are always progressing in a
• CA(Z) is a globally respected brand. ICAZ is a member of future-proof profession through continuous development
Chartered Accountants Worldwide (CAW), a network of of the CA syllabus to ensure the qualification remains
leading global chartered accountants organisations. In relevant and fit for the future.
addition to being part of the CAW network, it also has • ICAZ can provide information for job placements and
reciprocal agreements with leading Global Chartered non-executive Director placements from its wide member
Accountants Institutes across five continents. Employing or database. Members of the public can also check if the
partnering a CA(Z) gives access to an expanded global accountant they know is a CA through the “Find An ICAZ
network. Member” portal on the ICAZ website.
• ICAZ has chapters in various countries across the world,
giving its members access to other markets for exposure Advocacy and Influence
and knowledge sharing and accords CA(Z) employers, • The Institute influences global accounting, audit and
government and partners access to the same markets for education standards with similar international
research or business expansion opportunities. organizations to represent the voice of its members and its
country. The Institute participates in the International
Public Trust standard setting process and this ensures that the local
• ICAZ ascribes to international standards of ethical conduct perspective is well represented in the development of
for professional accountants, ensuring that the conduct of international standards.
its members is monitored and upheld to ensure quality. • ICAZ is a thought leader in the business and financial
• ICAZ monitors and regulates the conduct of its members management arena. It has been able to support its
and the stakeholders have a reporting mechanism and members on developments in the profession as well as by
recourse channel should any member of ICAZ be found crafting papers for various stakeholders, including
wanting. government, on its areas of expertise.
• ICAZ Members are required to uphold the values of • ICAZ is engaged in prompting the public interest through
Responsibility, Integrity and Accountability. Dealing with an public-policy engagement, legislative and regulatory
advice.
• Provides quality services in accountancy, finance and related financial management fields. Members hold the
influential positions of Chief Finance Officers, Finance Directors, Finance Managers, Financial Advisors.
• Develops and promotes the assurance services in the country through its member firms, most of whom are
part of global networks and associations.
• Provides business leadership and strategic management. CA(Z) members occupy most of the senior
positions on the companies listed on the Zimbabwe Stock Exchange, that is as Chairpersons, Finance
Directors and Audit Committee chairpersons.
• Develops and enhances risk management and internal control environments to international standards. Most
Boards and Accounting and Audit Committees of companies are chaired by CA(Z) members. A number of
ICAZ members also serve in internal audit functions.
• Influence and contribute to local and international and economic associations for the benefit of the
accounting profession and Zimbabwean economy. Most ICAZ Members sit on sectoral economic
associations in Zimbabwe. Members participate on international associations such as IFAC, PAFA, CAW,
Africa Integrated Reporting Council, Accounting Standard Setting Committees, PAAB Board and
Committees.
• Input into economic research papers, policy input and technical support to government ministries.
• Enhancing public accounting and financial management through the IPSAS course offering, Public Sector
Professionalisation Project and the annual Public Sector Convention. A number of ICAZ members serve on
Public Sector Boards and Associations.
• Promotion of equal opportunities and diversity in the profession through Vimbiso Scholarship Trust Fund,
WeCAN initiative, Students support initiative (CASS), Career guidance initiatives. • Technically serving
business through ICAZ technical help desk, review of listed entities financials, CPD seminars and technical
course offerings.
• Facilitating local capacity in the education programs, i.e. accredited local universities and education providers
to offer ICAZ education programs.
• Promotion of good governance practices through input and promotion of the Zimbabwe Corporate
Governance Code, anti-corruption initiatives, ethical and fair business practices codes for members.
Certificate in Taxation
The Institute partnered with the Zimbabwe Tax Accountants to offer a short certificate in taxation course. The
tax course is designed to equip candidates with tax knowledge and practical tax skills tailored to meet business
needs. The Institute aims to increase tax knowledge and compliance in the market. The course is expected to
achieve the following objectives:
i. Bridge the gap between industry requirements i.e. tax planning and the content that is taught during
academic training.
ii. Update and refresh practitioners in industry on the latest developments in tax legislation i.e. International
Taxation, Transfer Pricing and Amendments to the Income Tax Act
iii. Expose candidates to practical simulations, ensuring the learning environment simulates reality in a tax
practice, case studies and assignments based on topical developments in the Zimbabwean environment. The
target market is finance professionals seeking a cutting edge in taxation issues and will develop tax experts
in business.
The Institute offers webinars/seminars and workshops to its embers as well as to the public regularly.
Information to attend these can be accessed on all the ICAZ digital platforms. All virtual CPDs are recorded and
are available for access by the general public on the ICAZ website.
• You should have an accounting degree not more than three years.
• If your degree is more than 3 years you will have to do a one-year bridging course before proceeding to
ZCTA
• Be attached to an accredited training office. You can do the CTA and ITC program without the training but
you will not be allowed to sit for the final APC exams without these.
We have two service providers for the CTA program CAA and UNISA, these service providers only enroll
students who have accounting degrees which are not more than 3 years.
For the UNISA program, the ZCTA program is offered by UNISA in conjunction with ICAZ where 4 modules
are offered by UNISA and one module the Zim Tax module is offered by ICAZ. This program has no
exemptions, all five modules are written in one sitting and all have to be passed at once. It’s very unfortunate
that ICAZ is no longer facilitating registrations on behalf of students as such you are required to log onto the
UNISA website at www.unisa.ac.za and submit your online application. Applications are expected to open
during August/ September please log onto the UNISA website during this period and apply.
We also encourage you to place your application for CTA with our local service providers CAA (Chartered
Accountants Academy). www.caa.ac.zw
Other Comm.
Degree
(or >3yrs
Other Comm.
Recognised UNISA
Degree
degree ADAS
(or >3yrs
CTA level 2
APC
Register for
membership
Training Office/ TIPP or Physical Address Postal Address Tel. Numbers Website Address
Company TOPP
BULAWAYO
AMG Global TIPP Suite 310, Tregers House P. O. Box AC439, 09- 64144 www.amgglobal.co.zw
Cnr. 12th Ave. / Jason Moyo Ascot
Ernst & Young TIPP Derry House P.O Box 437 09-76111 www.ey.com
Cnr Five St/ 6th Avenue
PKF CA(Z) TIPP 133 J. Tongogara St/ 14th Avenue P.O Box FM430 09-889887/67201 www.pkf.co.zw
Famona
P. Ndlovu & Associates TIPP 100A Samuel Parirenyatwa Street (29) 2261101 www.pnacharteredaccountants.com
Btwn 9th and 10th Avenue 2261054, 2261085
GWERU
Trust Chikohora & Co. TIPP 56 7th Street P O Box 47 054-224248 LinkedIn
HARARE
African Cenruty Limited TOPP 153 Josiah Chinamano Ave, Harare 0242-705503 www.africancentury.co.zw
African Sun TOPP Bally House P O Box CY1211 0242- 250501-7 www.africansun.hotels.com
Mount Pleasant Business Park Causeway 0242- 791459
Mount Pleasant
Agribank TOPP Hurudza House, 14-16 Nelson P O Box 369 0242- 774429 www.agribank.co.zw
Mandela, Avenue
AMG Global TIPP 3 Elcombe Road, Belgravia P O Box 3230 0242-251415/8 www.amgglobal.co.zw
HARARE
BDO Zimbabwe TIPP 3 Baines Avenue P O Box 334 0242-703876-8 www.bdo.co.zw
Chapman Chartered TIPP 1 Orange Grove Highlands PO Box BW1041 0242-744011 www.chapman.co.zw
Accountants
CBZ Bank Ltd TOPP Cnr Union & Angwa Street P O Box 3313 0242-750191 www.cbzbank.co.zw
0242-759964
Cimas Health Group TOPP East Block Borrowdale Office Park, P.O Box 1243, 08677008306 connect@cimas.co.zw
Borrowdale Road, Harare Harare
Office of the Auditor TIPP Burroughs Hse P O Box CY 143 0242-728321-3 www.auditgen.gov.zw
General PUBLIC Cnr 4th St/ G. Silundika Ave Causeway 0242-793611
SECTOR
Crowe Horwath Welsa TIPP 1964 Katsande Way, New P O Box E140 0242-300135-8 www.crowe.com
Marlborough
Deloitte & Touche TIPP West Block P O Box 267 0242-852120-22 www.deloitte.com
Borrowdale Office Park 0242-852124-29
Borrowdale Road
Ernst & Young TIPP Angwa City Building P O Box 62 0242-750979 www.ey.com
Cnr K. Khrumah Ave/ J Nyerere
Fairvalue CA(Z) TIPP 22 Lomagundi Road Avondale P O Box HG 907 0242-332-818 fvalue12@gmail.com
Highlands
HARARE
FBC Holdings TOPP Old Reserve Bank Building, 76 P O Box 1227 0242-700312 www.fbc.co.zw
S. Machel Avenue
First Capital Bank TOPP Cnr First street and J.Moyo P.O Box 1279 0242- 4758280 www.barclays.com
First Mutual Holdings TOPP First Mutul Park P.O Box BW178 0242-886000 www.firstmutualholdings.com
100 Borrowdale Road, Borrowdale
Get Bucks (Pvt) Limited TOPP 1 1st Floor, MIPF House 0242-250361/75 www.getbucks.com
5 Central Avenue
Grant Thornton TIPP 135 Enterprise Road Highlands P O Box CY2619 0242-442511-7 www.grantthornton.co.zw
Hippo Valley Estates TOPP P.O Box 1 Chiredzi P.O Box 1 0231 – 2315151/6
HLB Ruzengwe & Co. TIPP 14 Downie Avenue Alexandra Park P.O Box 4684 0242 796481 www.hlbruzco.co.zw
Innscor Africa Limitied TOPP 1 Ranelagh Road, Highlands, Harare 0242-496790 www.innscorafrica.com
Instinct Risk Advisory TOPP 1 Orange Grove Dr, Highlands PO Box BW1041 0242 850933/4/5 www.chapman.co.zw
Irvine’s Zimbabwe TOPP Henley Drive Extension 078 770 1036 www.irvineschicken.co.zw
Waterfalls, Harare
Judicial Service TOPP Cnr Kwame Nkrumah / 3rd Street P.O Box CY28 0242-704131
Commission PUBLIC
SECTOR
July28 TIPP 4 Normandy Road, Alex Park, P.O. Box A1096 0242-744626 www.july28.org
Harare
Liquid Telecom TOPP 5th Floor, ZB Life Towers 8677 030 000 www.liquidtelecom.com
77 Jason Moyo Avenue
KLM CA(Z) TIPP 42 Ray-Amm Road Eastlea P O Box CY94 0242-496502-4 www.klmca.co.zw
HARARE
Kudos LAM Chartered TIPP 42 Fereday Drive, Eastlea, Harare 0242 747 045
Accountants
Kuvimba Mining House TOPP Borrowdale Office Park, Central 0242 746 657-60
Block, Ground Floor, Borrowdale
Marianhill CA(Z) TIPP 7 Stour Road, Vainona P.O Box 3391 8644208460/1 www.marianhillca.com
Mazhandu & Company TIPP 2nd Floor Methodist Hse 7 Central P.O Box 6499 0242-795247 www.mazhandu.co.zw
Avenue 0242-253033/4
NedBank TOPP 17th Floor, Old Mutual Centre 3rd 0242-701636-52 www.nedbank.co.zw
Street/ Jason Moyo
NMB Bank Limited TOPP 4th Floor Unity Court P.O Box 2564 0242-755744/829 www.nmbz.co.zw
64 Kwame Nkrumah Avenue
Nolands CA(Z) TIPP 7 Glenara South Avenue Eastlea P.O Box CY 1063 0242 481 037/9 www.nolandshre.co.zw
Cnr Samora Machel Avenue
OK Zimbabwe TOPP 7 Ramon Road Graniteside P.O Box 3081 0242-757311-9 www.okziminvestor.com
Old Mutual TOPP 100 The Chase (West) Emerald Hill P.O Box 70 0242-308400 www.oldmutual.co.zw
PKF CA(Z) TIPP 3rd Floor Takura Hse P.O Box CY 629 0242-2918460-3 www.pkf.co.zw
67 Kwame Nkrumah Avenue
PricewaterhouseCoopers TIPP Building No. 4 Arundel Office Park P.O Box 453 0242-338361-90 www.pwc.com
Mt Pleasant
Rainbow Touirism Group TOPP 1 Pennefather Avenue P.O Box 10029 0242-772576/87 www.rtgafrica.com
S/Machel West Avenue
RioZim TOPP 1 Kenilworth Gardens Newlands P.O Box CY1243 0242-246089-95 www.riozim.co.zw
Rockstone CA(Z) TIPP 11 Edinburgh Road, Borrowdale, 086 44 282 305 www.rockstone.co.zw
Harare
HARARE
Simbisa Holdings TOPP 17 Morninside Dr, Mt Pleasant 0242 744 202 www.simbisabrands.com
Harare
Southsea Investments TOPP 30 Domboshava Road, Harare 086 4423 7021/27 www. southsea.co.zw
TA Holdings TOPP 17th Floor, Joina City P.O Box 3546 0242-777348/62 www.ta-holdings.com
The Pulse Group TOPP 15 Borgward Road Msasa, Harare 0867 700 6081 www.tpg.co.zw
TSL Limited TOPP 28 Simon Mazorodze Avenue P.O Box 66043 0242-754666/7 www.tsl.co.zw
Unki Mines TOPP 47 Broadlands Road, Emerald Hill, P O Box 1108 0242 814000 www.anloamerican.com
Harare
Vali & Company CA(Z) TIPP 2nd Floor York House P.O Box 5306 0242-755512
48 Jason Moyo Avenue
Angwa Street
ZIMRA TOPP 89 Nelson Mandela Avenue, Harare P.O Box 4360 0242-703159 www.zimra.co.zw
PUBLIC
SECTOR
Zimre Holdings TOPP Cnr. Leopold Takawira / P.O. Box 4839 0242-772963 / 9, www.zhl.co.zw
Kwame Nkrumah Avenue 0242-758758,
0242-780640
ZB Financial Holdings TOPP 10th Floor ZB Hse Cnr 1st/ Speke P.O Box 3198 0242-757471-9 www.zb.co.zw
MUTARE
Border Timbers Ltd TOPP No. 1 Aberdeen Road, Nyamakete P.O Box 458 020-67027 www.bordertimbers.com
Bakertilly Gwatidzo TIPP 1st Floor Standard Chartered Bank +263 (20) 60692/ www.bakertilly.co.zw
Mutare Building, 97 H. Chitepo Mutare 64271
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United
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383 UAE 18
TOTAL NO.
Namibia
OF MEMBERS 40
Botswana
= 2,601 80 Australia
South Africa 125
337
Dr. Mtasa has over 20 years’ experience in corporate management and she has held leadership
positions in the telcom, hospitality, service and manufacturing sectors. She is currently holds a
number of non-executive directorships.
Simon Hammond
Simon is a Zimbabwean business executive and the retired managing director of CABS. He served
as a senior partner at KPMG from 1982 to 1999. He then joined Old Mutual Zimbabwe in 1999
and served in various capacities until 2015. He then joined CABS in May 2015 until his retirement
in 2020 as the managing director.
Hammond is part of Delta Corporate's board where he serves as a Non-Executive Director, having
joined in December 2000 as a nominee of Old Mutual Zimbabwe. He is Chairman of the
Remuneration Committee and a member of the Nominations Committee. He is a past President
of the Institute of Chartered Accountants of Zimbabwe where he still participates in committees.
Tracy Mpofu
Currently working for Econet as Group Finance Director. Has held various portfolios over the
years including Group Director of Strategy, Group Business Development Officer, Chief Operating
Officer and Chief Executive Officer. She holds a Bachelor of Accountancy Degree and an MBA. Mrs
Mpofu is a Chartered Accountant (Zimbabwe), Chartered Management Accountant and a
Chartered Accountant South Africa.
Lukas Mandangu
Chief Finance Officer - Group Mergers and Acquisitions, HSBC Holdings PLC, United Kingdom
A PWC trained senior finance executive based in London with over 20 years of financial and
strategic management experience gained in the banking industry across emerging and developed
markets. Proven leadership and track record of identifying talent and developing high performing
and diverse teams to support strategic decisions in international organisations.
Vimbai Mhlanga
Audit & Assurance Financial Services Partner Deloitte Australia
Vimbai is a financial services partner with over 15 years of experience focusing in wealth
management and superannuation across Australia and Cayman Islands. Her career has included
working with alternative investments (hedge funds, fund of funds and private equity funds) in the
Cayman Islands with fund managers based in the Americas and Europe and large superannuation
funds in Australia. She leads the self managed superannuation fund (SMSF) audit national practice.
In the SMSF space Vimbai has been instrumental in championing the use of data and automation in
the audit process to pave the way of the audit of the future.
In addition to her audit roles she has provided advisory services including internal audit and
3402/GS007 controls audits across a number of clients. She is also a Council Member on the ICAZ
council and started her career in audit at EY Zimbabwe.
Mduduzi Mswabuki
Partner Ernst & Young (EY) London -Financial Services, EY Global Diversity Equity & Inclusion
SteerCo Member, Partner Sponsor EYUK Race & Ethnicity Network.
Mduduzi is a Chartered Accountant who trained with Ernst & Young Zimbabwe and has over 20
year’s experience working for EY London in the Financial Services Assurance Practice. He leads a
business focussed on delivering regulatory assurance and advisory work to clients in the wealth,
banking and capital markets sector. He works mainly with global investment banks and financial
institutions. Mduduzi is actively involved in leading the diversity, equity and inclusion in the global
firm through his roles on the Global DEI Steering Committee, UK DEI Council and as a sponsor of
the EY UK Race & Ethnicity Network.
Charity Mtwazi
Managing Partner, Deloitte Zimbabwe
Charity is a Deloitte trained and qualified Chartered Accountant with over eighteen (18) years
experience. She was appointed as Deloitte Zimbabwe’s first female Managing Partner in 2022. She
is the Head of Audit & Assurance and the accredited Institute of Chartered Accountants of
Zimbabwe (ICAZ) Training Officer for the firm.
Charity has a broad range of experience across various industries as well as across local and
multi-national clients. Outside of external audit, she has experience in financial reporting (IFRS /
IAS / GAAP) and technical accounting research.
She is an active member of ICAZ sitting on its Education Committee as well as having been a part
of it’s inaugural Women Chartered Accountants Network (WeCAN) Committee.
Roy Chimanikire
Roy is currently the Deputy Chief Executive Officer of Econet Zimbabwe and is a Director of
several local and international Boards. He is also a past President of the Institute of Chartered
Accountants of Zimbabwe.
Roy trained as a Chartered Accountant (Zimbabwe) with Deloitte Zimbabwe. He and has
extensive experience in finance and telecommunications at senior executive level obtained as a
Partner with Deloitte and as Finance Director and now Deputy Chief Executive Officer.
Gayle is a practicing member of the Institute of Chartered Accountant (Zimbabwe) and registered
as a Public Accountant and Auditor with the Public Accountants and Auditors Board.
Gayle trained with Deloitte and Touche and has over 23 years’ post qualification experience as a
Chartered Accountant. She established a successful professional firm Chapmans Chartered
Accountants 20 years ago and Instinct Risk Advisory 5 years ago. The two practices provide a
comprehensive service offering including External and Internal audit, Accounting and bookkeeping,
payroll, corporate finance, secretarial, tax and legal. Both firms are registered training offices and
employ in excess of 90 professional staff, servicing a diversified client base of small, medium and
large enterprises.