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*Ministers To Blame For Nonperforming Parastatals- Agribank CEO* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?tj Agribank chief executive officer Mr Sam Malaba said undue interference by ministers is largely responsible for the under-performance of State Entities and Parastatals (SEPs). He said this last week while presenting on parastatal turnaround during the Public Sector Audit and Financial Management Conference. He said ministers appoint unqualified people as board members. Said Malaba: ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > One of the biggest challenges that parastatals face in Zimbabwe is abuse by ministers who at times may appoint people who are not qualified as board members to State-owned companies. It is expected that the (Public Entities) Corporate Governance Act will deal with some of these deficiencies. This situation is exacerbated by the fact that when the minister leaves the ministry, the board is fired and new board members are appointed. More: Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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