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Creating sustainable public private partnerships through corporate governance in the Sub-Saharan Africa (SSA)

Author

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  • Alouis Chilunjika

    (University of Johannesburg)

Abstract

Governments of Sub Saharan African (SSA) countries have struggled to successfully invest in capital intensive projects. As such, public private partnerships play a key role in redefining the role of Government in the context of infrastructure projects, by focusing on supervision and regulation and moving away from direct ownership and management. Sub Saharan African countries have seen such inclusive partnerships yielding some numerous benefits in different sectors. However, despite the salubrious benefits that PPPs have brought in different projects, PPPs in SSA countries are still dogged by a myriad of administrative, technical, financial and legal challenges. These corporate governance related challenges have made it difficult for these SSA governments to glean the full benefits of PPPs. The study is informed by the qualitative methodology with an extensive review of literature. Data was gathered from purposively selected written documents and these documents were analysed using thematic and content analysis techniques. The study established that there are some corporate governance deficiencies in most PPP projects in the SSA countries. Additionally, most of these public projects in the SSA lack adequate good corporate governance attention that is given to the PPP procedures and processes involved. The study therefore recommends that there is need for the full adoption of good corporate governance systems, practices, processes and procedures in the PPPs designing, financing, implementation and operationalisation in SSA. Key Words:Public private partnerships, corporate governance, inclusive partnerships, transparency, accountability, Sub Saharan Africa

Suggested Citation

  • Alouis Chilunjika, 2024. "Creating sustainable public private partnerships through corporate governance in the Sub-Saharan Africa (SSA)," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 13(1), pages 438-446, January.
  • Handle: RePEc:rbs:ijbrss:v:13:y:2024:i:1:p:438-446
    DOI: 10.20525/ijrbs.v13i1.2874
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    References listed on IDEAS

    as
    1. Alouis Chilunjika, 2023. "Public Private Partnerships (PPPs), road tolling and highway infrastructure investment in Zimbabwe," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 12(3), pages 575-584, April.
    2. John Loxley, 2013. "Are public--private partnerships (PPPs) the answer to Africa's infrastructure needs?," Review of African Political Economy, Taylor & Francis Journals, vol. 40(137), pages 485-495, September.
    3. Alouis Chilunjika & Dominique Uwizeyimana & Sharon Chilunjika, 2023. "The nexus between leadership and the performance of the National Social Security Authority (NSSA) in Zimbabwe," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 12(2), pages 320-329, March.
    4. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    5. Alouis Chilunjika & Dominique E. Uwizeyimana & Sharon R. T. Chilunjika, 2023. "Road Tolling and Domestic Revenue Mobilisation in Zimbabwe," International Journal of Economics and Financial Issues, Econjournals, vol. 13(5), pages 67-75, September.
    6. ., 2021. "Impact on corporate governance and enterprise management," Chapters, in: Beyond Shareholder Value, chapter 3, pages 77-102, Edward Elgar Publishing.
    7. Alouis Chilunjika, 2023. "Exploring the drivers and the utility of road tolling in Zimbabwe," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 12(7), pages 670-679, October.
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    Cited by:

    1. Alouis Chilunjika, 2024. "Application of fourth industrial technologies: a case of Zimbabwe's mines," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 124-140, December.

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