Institute of Directors to equip civic leaders with knowledge on CDF administration

The Institute of Directors of Zambia (IoDZ) is exploring ways of partnering with government in equipping civic leaders with knowledge on the administration of the Constituency Development Fund (CDF).

IoDZ president, Edward Kabwe, explained that the aim was to enhance transparency, accountability and effectiveness in the management of the funds which would ultimately lead to more impactful community development projects and initiatives.

Kabwe stressed the need to ensure that the procurement process was supported by proper documentation so that when auditors came to audit the transaction, they would be easily verifiable.

He said this on Friday during the media launch of the Corporate Governance Conference and award gala in Lusaka.

“From our side corporate governance has one of the tenets which was controls, transparency and accountability, there are two aspects to this, the first one being to set up controls around application of CDF the second aspect was the people that were applying it, the kind of knowledge they have in procurement, accountability and reporting and that was what they teach as IoDZ,” he said.

Kabwe also said IoDZ continued to place key interest in the strategic cooperation and collaboration that they had with both the public and private sector.

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