10 sport associations charged for failing to submit audited financial results

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Ten national sport associations will tomorrow appear before the Sports and Recreation Commission (SRC) board disciplinary committee for failure to comply with the provisions of the country’s supreme body Act.

SPORTS REPORTER

The SRC says the associations have failed to submit their audited financial statements and activity reports as stipulated in the SRC Act .

Those that are affected are the Zimbabwe Handball Federation, Zimbabwe Netball Association, Zimbabwe Boxing Federation, Zimbabwe Professional Golfers’ Association, Zimbabwe Sailing Association, Zimbabwe Billiards and Snooker Association, Zimbabwe Wushu Federation, Zimbabwe Taekwondo Association, Zimbabwe Judo Federation and Zimbabwe Table Tennis Association.

SRC board member, commissioner Aisha Tsimba, will chair the disciplinary hearings and will be assisted by fellow commissioners, Dave Ellman-Brown and Miriam Mushayi.

SRC said they want all the sports associations to adhere to the tenets of good corporate governance, which they believe will ensure that sport is transformed and well run for the purposes of making it a key economic driver.

“Disciplinary measures against the national sport associations are a measure of last resort having engaged them without success and going forward, the SRC will continue to enforce compliance with the SRC Act as a way of encouraging good corporate governance within the national sport associations,” SRC corporate communications officer, Tirivashe Nheweyembwa said.

“One of the key challenges that our sport is facing is lack of investment. This is as a result of, among other reasons, poor corporate governance. We, therefore, implore the leadership of the national sport associations to comply with their own constitutions and the provisions of the SRC Act, so that they may attract meaningful investment in their sport codes,” he added.