ABSTRACT
This chapter examines how supportive the existing corporate governance framework has been in assisting Zimbabwean public entities boards to effectively discharge their duties and to improve corporate governance practices. The majority (95%) of participants competently articulated the meaning of corporate governance, and was able to express an appreciation of the requirements of corporate governance instruments like the corporate governance framework for state enterprises and public entities, the national code and enabling acts. South Africa, like Zimbabwe, has adopted the approach that, given the importance that has been ascribed to the role of the board in the modern economy, it is necessary to empower the boards of its public entities. The country has, to some extent, developed a corporate governance framework that, if properly observed, should enable boards of public entities to be effective. Good corporate governance requires that the level of remuneration for members of the board should be enough to attract and retain the quality and calibre of individuals.
