23
Oct
CHAMWE KAIRA Prime Minister Elijah Ngurare will assume expanded powers over the governance of state-owned enterprises (SOEs), including setting directives on board appointments, chief executive officers’ employment and remuneration, under amendments to the Public Enterprises Governance Act. The National Assembly has passed the Public Enterprises Governance Amendment Bill [B. 10 – 2025], which shifts direct oversight of individual public enterprises to the ministers responsible for their respective sectors while centralising key governance directives under the Prime Minister. The amendment changes the Public Enterprises Governance Act of 2019 by removing the provision for a single minister responsible for public enterprises. Instead,…
