In order to provide directions for the effective governance and oversight of State Corporations, H. E the President, Uhuru Kenyatta issued Executive Order No. 7 on the 25th March 2015 in accordance with the provisions of section 7 of the State Corporations Act, (Cap. 446). To this end State Corporations Advisory Committee (SCAC) in partnership with the Institute of Certified Secretaries has been conducting induction of Board members for State Corporation Boards on MWONGOZO; the Code of Conduct for State Corporation.
The induction program covers a variety of areas including; Rationale & Status of On-going Reforms, An Overview of Mwongozo, The Role of Boards & Its Organs, Legal & Institutional framework for governance of State Corporations, Stakeholder & Shareholder Rights & Obligations, Accountability & Internal Controls in State Corporation, Highlight on Key Policy Issues Governing Board Operations, The Role of Board in Organizational Competency Development, Board Dynamics & Evaluation (including Board tools), Statutory & Legal compliance, Risk Management in State Corporations, Institutionalizing Anti-Corruption Mechanism in State Corporations, Ethical Leadership on Boards, Public Procurement and Disposal in State Corporations.