Chartered accountants set for winter school

By Dillon Kamutenga

MORE than 200 chartered accountants will attend this year’s winter school in Victoria Falls next week.The winter school will be held under the theme “Global Solutions in a Global World”. It is expected to deliberate on how to ensure business growth and stability.
In a statement, the chairman of the organising committee, Tapiwa Chizana, said Zimbabwe is part of the global market thus it should embrace alternatives tried and tested elsewhere.
“As we grapple with the challenges unique to our nation, it is tempting to become insular in our thinking and outlook,” said Chizana. “Zimbabwe contributes less than 1% of the global economy. Consequently we need to realise there is a broader world out there, from which we can learn valuable lessons.”
“In due time, our nation will grow in influence in the global economy, but as we recover from our economic decline we need to hear different perspectives from people who are stakeholders in the global economy. The solutions for our country will primarily be global solutions — tried and tested perspectives from which we can learn. We would obviously have to contextualise our learning to enable us to make a difference locally,” he added.
Aico Africa Ltd group chief executive Patrick Devenish will set the winter school tone by presenting a paper on the first day as the theme speaker.
The organising committee has assembled an impressive line-up of both local and international speakers.
“We do not want the conference to be a mere talk-show; as chartered accountants we are a strategic body in the country, thus the quality of presenters will guarantee an enriching and value- adding event,” said Chizana.
The list of presenters includes Information and Communication Technology minister Nelson Chamisa; Lance Fraser who is currently Profin Group Holding Ltd business development director; Takura Capital investment executive Fungayi Mungoni and Almero Straussa, a key member of the Mertech investment team.
The winter school will among other issues focus on the role of information technology in Zimbabwe’s economic recovery, private equity in Zimbabwe, restoring competitiveness in the energy and mining sector and comparisons between global and Zimbabwean markets. The Institute of Chartered Accountants of Zimbabwe will also update members on technical issues.

Aico boss to set winter school tone

AICO group chief executive Patrick Devenish will set this year’s Institute of Chartered Accountants of Zimbabwe’s winter school’s tone when he presents a paper on the theme “Global Solutions in a Global World”.
Devenish has spent his working life in agriculture.
Starting out as an auctioneer at Tobacco Sales Floor in 1978, he spent three years working for Auction Holdings in Malawi from 1983 to 1985 and rejoined Tobacco Sales Floor in 1986, becoming managing director in 1996.
He joined Seed Co as group chief executive in 2002. In January 2009 he joined Aico Africa Ltd, a holding company which owns Cottco (100%), a cotton ginning company, Seed Co (51%) a vertically integrated crop seed company, and Olivine Industries (49%), an FMCG company focused on cooking oils, margarine, bakers’ fats and canned foods.
Devenish sits on the board of Zimplow Ltd and is a trustee of Blackfordby College of Agriculture. He holds an MBA from the UCT Graduate School of Business.

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