By Correspondent
The Minister of Finance and Economic Development Professor Mtuli Ncube has urged public entities to adopt corporate governance practices to bring development and aid towards attainment of Vision 2030.
Professor Ncube made the remarks early last week during Public Entities Corporate Governance ACT , official launch at a local hotel.
” Good practices corporate governance practices in the public entities enhances socio-economic growth and investments and Vision 2030 cannot be attained if entities fails to play their role.”
On parastatols used to contribute more than 60 percent of the country’s Gross Domestic Product (GDP) during the 90s but have declined to only less than 10 percent