Consultations for the crafting of a national code on corporate governance are at an advanced stage as stakeholders seek to facilitate the recovery of the economy.
The crafting of a national code on corporate governance which is aimed at ensuring that local firms implement policies to maximise production, is being considered by stakeholders as an important element in solving production challenges affecting strategic sectors of the economy.
The Zimbabwe Leadership Forum Chairman Mr. Canaan Dube said thematic committees comprising industrialists and academics have been identified to gather views from firms and households about the national code on corporate governance.
â€œThis process is progressing very well and we hope that once all is finalised, then we can really ensure that it becomes a reality,â€ said Dube.
The national code on corporate governance is also expected to come up with policies towards increasing local and foreign investment, enhance the quality of locally produced goods and creating new jobs.
Recommendations for the exercise are also expected to be examined by key Government ministries such as Industry and Commerce, Finance as well as Economic Planning and Investment Promotion.