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The Public Entities Corporate Governance Act

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Summary

Launched in 2018, Zimbabwe's Public Entities Corporate Governance Act revamps governance across state-owned entities. Aiming for transparency and accountability, it standardizes board appointments, sets compensation regulations, and outlines reporting requirements. It also addresses risk management, environmental impacts, and human resource practices. By strengthening corporate governance in public entities, the Act seeks to boost efficiency, reduce corruption, and ultimately achieve better outcomes for public services and the economy.

Thumbnail image for Launched in 2018, Zimbabwe's Public Entities Corporate Governance Act revamps governance across state-owned entities. Aiming for transparency and accountability, it standardizes board appointments, sets compensation regulations, and outlines reporting requirements. It also addresses risk management, environmental impacts, and human resource practices. By strengthening corporate governance in public entities, the Act seeks to boost efficiency, reduce corruption, and ultimately achieve better outcomes for public services and the economy.
Issuer

Zimbabwe

Year

2018

Region

Africa

Issuer (type)

Parliament of Zimbabwe (Government)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory


Global Reporting Initiative (GRI)
  • Voluntary Use
Main industries targeted
  • Finance & Insurance
  • Professional, Scientific, & Technical Services
  • Manufacturing
  • Transportation & Warehousing
Restrictiveness

Moderate

Sustainable Development Goals (SDGs)
  • SDG 5: Gender Equality
  • SDG 11: Sustainable Cities and Communities
  • SDG 16: Peace, Justice, and Strong Institutions

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