255. A whistle-blowing system that is independent, trusted and anonymous is key to the effective implementation of an ethical corporate culture and fraud risk management strategy. A whistle-blower provides evidence of a waste of funds or mismanagement.

256. People blow the whistle because they have been unable to approach or to get a response from the company’s management through normal lines of reporting and resort to someone else with the information they have.

257. There is a strong connection between corporate governance and whistle -blowing.

258. Whistle-blowing helps to uncover significant risks and, for this reason, procedures should be put in place to encourage honest whistle-blowing whilst at the same time discouraging malicious and unjustifiable accusations and allegations from employees against their bosses.

• According to the NATIONAL CODE ON CORPORATE GOVERNANCE ZIMBABWE