Friday, April 19, 2024

Make Zambian economy viable, Mumba Kapumpa

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The Institute of Directors (IoD) president, Mumba Kapumpa, has said there was need to make the Zambian economy viable on a long-term basis through transparency and accountability in the manner corporate and public institutions conducted their operations.

He said this during the official launch of the Institute of Directors (IoD) Southern Region Chapter in Livingstone last evening.

Mr Kapumpa said business was not just about making profits because most major decisions made when dealing with public resources meant to foster social economic development affected the lives of many Zambians.

He also called on all corporate institutions to take their corporate social responsibility seriously and treat their human resource as an important asset since they could not succeed without it.

Mr Kapumpa, however, said good corporate governance could not guarantee an end to corruption and theft as long as people in decision making positions continued to be greedy and ignored the greater good.

6 COMMENTS

  1. Good observatiom Mr kapumpa and congratulations for being elected Presdient of IoD.Now since you are a distinguished lawyer,can you please use the experience to pump humility in these greedy corporate guys and tell them to be professional otherwise I will equally treat you as one of them.

  2. I’m also happy to learn about the existance of the IoD. Where can we read more on their concept and objectives? I hope they are also recognised by the international board of directors which meets every year to exchange ideas and introduce their products.

  3. Great read, I need to do more research thus I shall now observe. People moving on ahead that is always a plus.

  4. correction:
    i bet he danced there too-Kapumpa with his MJ moves lol

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