Effective corporate governance is more than just putting in place structure, such as

committees and reporting mechanisms, to achieve desired results. Such structure is

only a means for developing a more creatable corporate governance framework and is

not ends in them. That is, there be more emphasis on the substance rather than the

form of good corporate governance and to the confidence and assurance of

stakeholders.

A key aspect of corporate governance is to ensure that all participant are aware of and

accepts; their jobs, responsibilities and accountabilities and that they have a sound

understanding an appreciation of the latter’s practical importance in meeting th e public

interest. The framework is very people oriented involving better communication; a more

systematic approach to corporate management; a greater emphasis on corporate and

ethical conduct; risk management skills development; relationship with citizens as

clients ; and quality service delivery.