Let’s partner, State urges private sector


SECRETARY to Cabinet Roland Msiska has challenged the private sector to partner with Government in addressing the current global economic challenges.
Dr Msiska observed that the challenges that the country is facing such as the weakening of the Kwacha against major foreign currencies can be easily addressed through a solid partnership between Government and the private sector.
He said the private sector needs to be proactive and uphold principles of good corporate governance in assisting government to transform the economy.
Dr Msiska said this in Kitwe on Friday when he officially opened the Association of Chartered Certified Accountants (ACCA) annual corporate governance convention.
This was in a speech read for him by Copperbelt permanent secretary Howard Sikwela.
“These challenges can be addressed. Corporate governance principles are significant in protecting resources and effective management of business. Unethical behaviour do not deliver public value and certainly do not grow economies,” Dr Msiska said.
Institute of Directors president Sherry Thole said good corporate governance is essential in attracting investments adding that the organisation remains committed to champion the cause of good corporate governance.
Ms Thole said sound corporate governance principles and ethics are key in attaining proper management, control and accountability in both the public and private entities.
“Good corporate governance attracts investments and it is for this reason why we will always champion the cause of good corporate governance in his country. Good corporate governance practices also increase efficiency and accountability,” Ms Thole said.

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