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Auditing practices and corporate governance in Zimbabwe’s energy sector: Implications for openness and organisational performance

Year: 2025

Type: article

Abstract: The nexus between auditing practices and corporate governance in Zimbabwe’s energy State-Owned Enterprises (SOEs) and its implications for openness and organisational performance were investigated in this paper. Through qualitative desk-based analysis of secondary sources (official reports and scholarly literature), the research reveals persistent governance failures, a widening audit expectation gap, and implementation weaknesses that undermine transparency and sector efficiency, resulting in power shortages costing Zimbabwe approximately 6.1% of GDP annually [1]. This paper advocates for improved audit enforcement and depoliticised governance reforms as prerequisites to restoring sector performance and investor confidence necessary for revitalising Zimbabwe’s energy sector.

Source: World Journal of Advanced Engineering Technology and Sciences

DOI: 10.30574/wjaets.2025.16.3.1204

Authors: Freedom Feya, Gladys Mufanebadza, Willis Mlambo, Cosmas Herikanos Tarwa

Institution: Reformed Church University

Language: English

Topic: Corporate Governance and Financial Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Industry, innovation and infrastructure

Open Access status: hybrid

OpenAlex ID: W4414526176