ABSTRACT
This chapter makes a comparative analysis between Zimbabwe and South Africa's corporate governance frameworks to establish the extent to which Zimbabwe has tried to harmonise its systems with other neighbouring and regional players. It compares the Zimbabwean corporate governance framework to that of South Africa with special reference to selected corporate governance aspects including the board's role, selection and appointment, composition, remuneration, and performance evaluation. During the period of apartheid in South Africa, interest in and debates about questions of corporate governance were compromised by the economic and trade sanctions imposed by the United Nations, which limited the country's access to the global economy. In the purpose clause, the companies act specifically provides that one of its purposes is to promote the development of the South African economy by 'encouraging transparency and high standards of corporate governance as appropriate, given the significant role of enterprises within the social and economic life of the nation'.
