National Code, Public Entities Code or King IV …3 codes. Which one should you apply??

Investopedia defines corporate governance as ”the system of rules, practices, and processes by which a firm is directed and controlled. Corporate governance essentially involves balancing the interests of a company’s many stakeholders, such as shareholders, management, customers, suppliers, financiers, government and the community…..“ From this definition, it is clear that every company follows some sort […]

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New Companies Act: Are you prepared?

In 2016, the government of Zimbabwe through the Office of the President and Cabinet (OPC), embarked on a project targeted at improving the ease of doing business in Zimbabwe. One of the areas identified as part of this initiative was the modernisation and alignment of the country’s legislation to the national Constitution. The Companies Act […]

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Corporate Governance Zimbabwe – The final edition

The last 3 chapters of the Code deal with Compliance and Enforcement, Stakeholder relationships and the role of government in corporate governance. They tackle the importance of compliance and the mechanism that is ideal for Zimbabwe, importance of understanding stakeholders and acting in their best interests and what role government should play. Chapter 7 – […]

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Corporate Governance Zimbabwe: Where are we now?

Corporate governance is the foundation upon which successful enterprises are build on and economies have made strides to provide frameworks for corporate governance practices. In Zimbabwe although behind, strides have been made to have our own corporate governance frameworks specifically by the launch of the National Code on corporate governance and also the recent Corporate […]

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