Presenting a paper at the National Defence University in Harare on “Corporate Governance of State Enterprises and Parastatals in Zimbabwe as a National Security Issue”, Vice President Constantino Chiwenga said loss making parastatals should be closed because they are a national security threat.
Chiwenga said poor performance of SEP risks triggering political instability. Said Chiwenga:
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The supervision of SEPs by the Government will be strengthened to ensure that their performance enhances rather than undermines national security. When one considers the human security conception of national security, it should not be difficult to see why the poor performance of SEPs, as a result of bad corporate governance practices, becomes a national security concern which can easily develop into a formidable non-traditional threat.
Guveya Dominic Nyikadzino Chiwenga is the Vice President of the Republic of Zimbabwe, the second secretary of Zanu-PF political party and the former Minister of Defence and War Veterans Affairs. He is also the former Commander of the Zimbabwe Defence Forces (ZDF) and also the... Read More About Constantino Chiwenga
The Republic of Zimbabwe is a country located in the Southern Africa region. Its capital city is Harare and the country has 10 Zimbabwe Provinces. Zimbabwe is 390,580 sq km and is bordered on all sides by other countries (Zambia in the north, South Africa... Read More About Zimbabwe
Harare (formerly Salisbury) is the capital of Zimbabwe. It is the seat of Government, the industrial hub and commercial centre for Zimbabwe. The city was founded by the Cecil John Rhodes of the BSAC who sent the Pioneer Column in 1890. The name was changed... Read More About Harare