Admire Mthombeni
Manicaland Stet University of Applied Sciences

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The Impact of implementing the Public Entities Corporate Governance Act (PECG Act) Chapter 10:31 by State Owned Enterprises (SOEs) in Zimbabwe. Admire Mthombeni; Sifile Obert; Mbizi Rangarirai; Malesela Masenya
Journal of Governance Risk Management Compliance and Sustainability Vol. 3 No. 2 (2023): October Volume
Publisher : Center for Risk Management & Sustainability and RSF Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/jgrcs.v3i2.1531

Abstract

The study sought to determine the impact of the Public Entities Corporate Governance Act Chapter 10:31(PECG Act ). The Act is the main piece of legislation governing corporate governance practices for State Owned Enterprises in Zimbabwe. In this view, the study adopted a mixed-methods approach in which pragmatism philosophy was applied. A  convergent parallel design was used in which data was gathered using a structured questionnaire and an interview guide. The target population consisted of top and middle management, board members, board chairpersons, and CEOs of SOEs found in  Zimbabwe. Using the sampling procedure developed by Krejcie and Morgan (1970), a sample size of 351 individuals was determined for quantitative data, and sixteen (16) interviews were done until saturation was reached. The research employed stratified random sampling for sampling respondents for quantitative data and purposive sampling was used for sampling respondents for qualitative data. SPSS version 23  was used to analyse quantitative data, whilst NVivo version 12 was used to analyse qualitative data. The main impact of the PECG Act was that it fosters accountability, transparency, and responsibility and encourages strategic planning for SOEs. The research also confirmed that reforms on restrictions on the remuneration of board members(RRORB) have a positive effect on corporate governance practices in SOEs, and reforms on dismissal and resignation (RDRBM) of board members lead to best corporate governance in SOEs. The study recommended that responsible authorities should make strict enforcement to comply with the dictates of the PECG Act. The study had a limitation that results from broad SOE categories may not be generalised to specific SOE categories.
Governance, Ethics and Public Service Delivery: The Ramifications of Corruption Malesela Jim Masenya; Admire Mthombeni
Journal of Governance Risk Management Compliance and Sustainability Vol. 3 No. 2 (2023): October Volume
Publisher : Center for Risk Management & Sustainability and RSF Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/jgrcs.v3i2.1893

Abstract

The purpose of this paper is to illustrate the repercussions of corrupt practices in the South African public sector and to recognise the critical need for ethical control to promote good governance. Since the advent of democracy in 1994, there has been a myriad of incidents of corruption involving public servants in South Africa. Corruption is now recognised as one of the South African government's greatest challenges, with numerous consequences for public service delivery in that the resources that are meant to assist the poor are diverted to benefit a few corrupt officials. Corruption undermines democracy and social justice, thus deepening poverty, increasing organised crime and stunting efforts to stimulate human security. The incidents of corruption characterised by colossal theft, embezzlements and rampant bribery are the basis of knowledge around the ability of the government to deal effectively with dishonesty. The paper will use a literature review to argue and demonstrate that despite the devotion of the government to combat unethical conduct of public servants by formulating various pieces of legislation and policies as an attempt to address the problem of unethical behaviour, the tribulations of corruption and problems of immoral conduct by public servants continue to escalate, thus, perpetuating poor provision of public service. The paper concludes that continued unethical practices by public servants cannot go unpunished; ethics must be enforced to enhance public service delivery.