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CORPORATE GOVERNANCE

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From Tuesday 24 July 2018 -  08:00am
To Thursday 26 July 2018 - 05:00pm

afur cg

A good regulatory environment is an essential foundation stone for high regulatory performance. High performing regulators are a key lever to encourage innovation across the economy and foster productivity and growth, through timely approval processes, flexible approaches to new issues and a focus on service delivery.

This Concept Note on Corporate Governance has been prepared by the African Forum for Utility Regulators (AFUR) and is aimed at delivering a two-day training workshop through the laying down of an overarching policy framework for promoting good governance practices amongst regulatory agencies in Africa. It aims at instilling principles of good governance in the various statutes, regulations and policies of the Regulatory bodies. It further aims at re-affirming that good corporate governance practices are a prerequisite for sustainable regulatory business that aims at generating long term value to all its stakeholders and keeping in view the objective of encouraging the use of better practices through voluntary adoption. 

As one of the main actors in regulatory policy, regulators have an important and increasingly complex role in the delivery of regulatory principles. The governance arrangements for regulators are a key factor in a regulator’s ability to operate effectively to achieve the social, environmental and economic outcomes that it is responsible for.

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