By Business Reporter
MORE than 120 companies drawn from across Africa are expected to attend the first corporate governance in Africa summit in Zimbabwe’s resort town of Victoria Falls next month.
The summit would be held on March 25 and 26, and Zambia’s ZCCM Investment Holdings (ZCCM IH) is one of the companies that have already confirmed participation.
According to Michael Ndinisa, the executive director of MN Capital, whose firm is organising the summit, among the other companies that had confirmed are FNB Namibia, Zimbabwe Electricity Supply Authority (ZESA), Econet Wireless, Zimbabwe National Road Authority (ZNRA), South Africa’s Vodacom and Africa Sun Hotels.
Mr Ndinisa said the summit draws its participants from the private sector, that is trade and business associations, co-operatives, banks, insurance companies and state-owned enterprises and individual businessmen and women.
“We also expect the Government and regulatory authorities, registrar of companies, capital markets authorities, stock exchanges, interested civil society organisations, trade unions, academia and professional associations, to attend the summit,’’ he said.
Mr Ndinisa said among eminent speakers at the Pan African corporate governance summit would be Institute of Directors of Zambia (IoD) president Mumba Kapumpa.
He said it was high time Africa embraced corporate governance because it was central to economic growth on the continent.
The pertinent topics that will be discussed at the summit include studying the impact of Africa’s economic, social and political state of affairs on corporate governance that is an analysis from an African perspective, ranking the continent against international standards.
MN Capital is a Pan-African advisory and communications specialist, bringing leading business practitioners together to discuss key issues, mutually beneficial solutions and managerial strategies to improve corporate performance and strategy.