One of the Group’s core values is effective corporate governance. The Board of directors of Home Afrika Limited is at the core of Home Afrika’s system of corporate governance and is ultimately accountable and responsible for the performance and affairs of the Company. Good corporate governance is regarded as critical to the success of the business of the Company and the board is unreservedly committed to applying the fundamental principles of good governance – transparency, integrity, accountability and responsibility – in all dealings by, in respect of and on behalf of the company.
The Board of Directors is the representative of the shareholders and has the duty of validating financial results and review of Group performance, protecting assets, counseling the CEO on strategy and nurturing the next generation of leaders. Directors are also responsible for ensuring proper and sound corporate governance within the Group.
As a public listed company, HAL is vigilant to uphold best practice in corporate governance. In this regard, the Board has entrenched company policies and guidelines in line with the regulatory framework of the Capital Markets Authority, Nairobi Securities Exchange and the Constitution of Kenya.
Corporate governance permeates all levels of management and this has guided HAL and created value for the benefit of shareholders.