n AfricaGrowth Agenda - Corporate governance and corporate social responsibility in Zambia

Volume 2009, Issue 4
  • ISSN : 1811-5187


The private sector has been recognised in Africa as a key partner in development and governments in the continent have realised the importance of supporting this sector through programmes of privatisation and liberalisation of the economies.

Corporate Governance principles and practices are slowly being accepted as vital to the determination and exercise of corporate power in the utilisation of a company's assets and resources. Zambia is no exception to what is happening in the rest of Africa and, indeed, the world. Sustenance of Corporate Governance becomes even more urgent to ensure that there is transparency, accountability, probity and respect for all stakeholders in a company. Beyond Corporate Governance, there is a higher responsibility being placed on companies to be socially responsible.
This piece discusses the specific and special challenges for Small and Medium Enterprises (SME's) as they relate to Corporate Governance and Corporate Social Responsibility.

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