President Robert Mugabe today presented his state-of-the-nation address in which he unveiled a 10-point plan to maintain economic growth the creation of much-needed jobs. The plan is as follows: Revitalizing Agriculture and the Agro-processing value chain. Advancing Beneficiation and/or Value Addition to our agricultural and mining resource endowment. Focusing on infrastructural development, particularly in the
By Alois Vinga
ACCOMPLISHED barrister, Canaan Dube will assume the chairmanship of the Hippo Valley management board beginning next month.
He takes over from Daniel Leseja Marokane who resigned from the board after serving for three years.
In a recent update, the organisation’s company secretary, Pauline Kadembo advised shareholders of the latest appointment.
“Canaan is an accomplished lawyer and senior partner in one of Zimbabwe’s leading law firms, Dube, Manikai, and Hwacha Legal Practitioners,” she said.
“He has extensive knowledge and experience in corporate governance, mergers and acquisitions, and trade and investment law and will bring much-needed legal and public relations guidance.”
Corruption remains Zim’s major hurdle: Mhonderwa
BY TAURAI MANGUDHLA
INVESTORS’ interests have perennially suffered at the hands of corrupt executives and board members who engage in fraudulent activities.
Zimbabwe Independent chief business writer Taurai Mangudhla (TM) speaks to corporate governance expert Bradwell Mhonderwa (BM) on the country’s corporate governance landscape and how it affects both the private and public sectors. Below are excerpts:
TM:
As a corporate governance expert, what is your assessment of Zimbabwean corporates’ reporting standards in terms of disclosures in general?
BM: In Zimbabwe, like is the case the world over, the corporate sector has its own local reporting standards as set out in the National Code on Corporate Governance (ZIMCODE) for private entities, and the Public Entities Corporate Governance Act (Chapter 10:31) for state enterprises and parastatals.