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Paper Details

Leadership and State-owned Enterprises Failure in Zimbabwe: A Critical Analysis

Leadership and State-owned Enterprises Failure in Zimbabwe: A Critical Analysis

Chamisa Mufaro G, Tsikira Tafadzwa P & Muvundu Takunda R

Journal Title:Journal of Economics and Finance
Abstract


This article uncovers contemporary and well documented issues of strong personnel in state owned enterprises in Zimbabwe and its effects on service and quality delivery from a corporate governance perspective. It focuses on why government parastatals in Zimbabwe fail meanwhile they had the personnel to achieve greater heights. The paper seeks to explore deeply and how these strong leaders out maneuver the legal barriers and how this weakens the institution in tackling its day to day activities. The research was qualitative in nature through the intensive use of secondary documents and interviews. A number of examples were made available to substantiate claims by the researchers and revealing the mismatch between strong leadership and weak institutions. Recommendations to improve and strengthen state institutions were also made i.e. giving arresting powers to ZACC and conducting public interviews to steer confidence in institution in Zimbabwe and the periodic publication of final performance of state institutions.