Browsing by Author "Ellen Mwaka, Simasiku"

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    An investigation into the effectiveness of the implementation of corporate governance at the Katima Mulilo Town Council
    (University of Namibia, 2023) Ellen Mwaka, Simasiku
    The aim of the research was to investigate the adherence of Katima Mulilo Town Council (KMTC) to corporate governance principles. The objectives of this research were to: investigate the effectiveness of the implementation of Corporate Governance principles at KMTC; establish the challenges faced in the implementation of the CG principles at KMTC; and recommend strategies that can be used to improve the KMTC’s implementation of CG principles of transparency, accountability, fairness and responsibility. A mixed methodology was used to collect data from employees and residents of KMTC through an in-depth face to face interview and a closed ended questionnaire. Purposive sampling together with simple random sampling were used to select 12 participants for the interview, while 379 were selected to complete a closed-ended questionnaire in the study. The study revealed that there must be a balanced board composition at KMCT to lead the implementation of CG. It was also revealed in this study that independence is needed in CG implementation and there must be auditor independence, transparency and accountability in CG implementation at KMTC. The study established that the effectiveness of the implementation of CG is affected by lack of financial resources and poor levels of transparency and accountability. In addition, the study found out that poor organisational management skills, poor attitude and perceptions on CG implementation are some of the dominant challenges affecting the implementation CG at KMTC. The findings also revealed a lack of quality service delivery due to a lack of clearly defined employee duties which will have an impact on how CG principles are implemented at KMTC. The study recommends that in order for KMTC to analyse its own implementation of CG initiatives, adequate v monitoring and evaluation methods should be in place in every section. It also recommends that KMTC should avail financial resources that will be used for CG implementation.