Public entities urged to uphold good corporate governance principles

By ZBC Reporter

THE Ministry of Transport and Infrastructure Development is implementing a raft of reforms on all public entities that fall under its purview in line with provisions of the Public Entities Corporate Governance Act.

The need to uphold good corporate governance principles in public entities was high on the agenda when the Minister of Transport and Infrastructure Development, Honourable Felix Mhona appointing additional board members of five public entities that fall under the purview of the ministry.

Honourable Mhona said the era of corruption and nepotism in public entities is now a thing of the past as the second republic thrives on good corporate governance towards the attainment of vision 2030

“Public entities have been singled out as nursery beds of corruption and nepotism. The second republic does not brook any acts of corruption as enshrined in the provisions of the public entities corporate governance act chapter 10:31),” he said.

Traffic Safety Council of Zimbabwe Board Chairperson Mr Kura Sibanda cognisant of how the COVID-19 pandemic has affected business operations, is aware of the task that lies ahead.

“We are aware of how the COVID-19 pandemic affected business operations and we will do our best to ensure efficiency in public entities,” said Sibanda.

The newly appointed members include Civil Aviation Authority of Zimbabwe Board Member Maxmore Njanji, Traffic Safety Council of Zimbabwe Chairperson Mr Kura Sibanda, Ms Theresa Rovodza, who shall be Deputy Chairperson of the National Handling Services Board and Airports Company of Zimbabwe Board Member, Ms Faith Chiwungwe among others

The post Public entities urged to uphold good corporate governance principles appeared first on ZBC NEWS.

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