Blockchain-based financial reporting and corporate governance in Zimbabwean firms: Implications and Opportunities

The transformative possibilities of blockchain technology for corporate governance and financial reporting in Zimbabwean enterprises are investigated in this paper. Using a qualitative multiple case study approach, it examines the basic traits of blockchain and their importance in enhancing auditability, financial openness, and responsibility. The paper looks at the current state of affairs and continuous challenges in corporate governance and financial reporting in Zimbabwe, including issues with openness, confidence, and infrastructure limits. Important results show that the basic properties of blockchain—immutability and decentralisation—offer efficient answers to lower fraud, improve regulatory compliance, and maximise general operational efficiency. Still, significant issues particular to the Zimbabwean context—such as regulatory uncertainty, inadequate technological infrastructure, and limited human resources—must be addressed if successful application is to take place. The paper comes to the conclusion that blockchain can improve corporate governance, rebuild confidence, and create a more resilient financial system in Zimbabwe provided intentional adoption supported by strong legislative frameworks and targeted capacity building is undertaken.