Business
Vision awarded for corporate governance
Publish Date: Mar 06, 2014
Vision awarded for corporate governance
Vision Group’s Gervase Ndyanabo (left) and the Capital Markets boss Keith Kalyegira holding their awards for good Governance. In the back are the President of ICSA David Venus and ICSA Uganda boss Alison Kibirige. Photo by Wilfred Sanya
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By Samuel Sanya                                                                                                 

Vision Group, under its trading name, the New Vision Printing and Publishing Company Ltd, has been awarded for excellence in corporate governance by the Institute of Chartered Secretaries and Administrators (ICSA).

Corporate governance is a set of systems by which organisations are controlled. ICSA Uganda was incorporated in the year 1998 and has been awarding MBA level degrees to company secretaries and accountants since.

“This award is a recognition that Vision Group strives for transparency and accountability in all we do,” Gervasse Ndyanabo, the Vision Group company secretary said at the sidelines of the event at BMK house in Kampala.  

“This means a lot for our shareholders and stakeholders. Good corporate governance is good for the economy,” he added.
Simon Osborne, the chief executive officer of ICSA global said, African states that are part of the institution will soon be given more voting rights and say in the affairs of the global body.

He added that the institute will start affiliate status this year in a bid to raise revenues and that Uganda should form a vibrant committee to continuously grow ICSA membership in the country.

“I have been amazed by the turn up. The hunger for good corporate governance here is obvious. We have to be more flexible by acknowledging qualifications from local universities, this will grow membership,” he said.

Osborne added that ICSA will soon start recognising law degrees and other related qualifications from local universities whose content is similar to what is taught by the institute.

The institute will start to issue certificates for every completed module as opposed to issuing one degree after all modules have been completed.

It will also be possible to only study for specific modules.
 

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