An analysis of directors' duties during mass resignations of directors in Zimbabwe

Abstract

Zimbabwe’s new Companies and Other Business Entities Act signifies one of the important developments in amplifying corporate governance principles by codifying the directors’ duties. The duties of a company director are a notion that is not only academic in nature, but also crucial in any dynamic commercial environment. Trust and confidence are key prerequisites to the exercising of these duties by any director. The primary purpose of this article is to contribute to the body of knowledge in corporate governance, specifically in relation to the regulation of mass resignation of director and their duty to act in the best interests of the company.