Corporate Governance

A. Board Training Services
We offer training services through which participants learn about the salient features of the Companies Act in a condensed and practical manner, including but not limited to:

• An overview of the Companies Act 2015;
• Highlights of the Responsibilities of Directors;
• New Compliance Requirements; and
• Financial Reporting & Auditing requirements under the Companies Act 2015

These trainings are skillfully curated to cover board effectiveness, shareholders rights, ethical corporate social responsibility, risk management, internal control and disclosure. These are aimed at enabling the Directors adapt to the changing business environment and enhance governance practices within the Board itself and in the interest of the Company.

B. Governance Audit Services
Scribe Services offers Governance Audits services aimed at assisting Companies to internally examine the existence and effectiveness of governance instruments, policies, structures, systems and practices within the legal and regulatory framework and in accordance with the best governance practices.

We have invested in a robust Audit Toolkit developed in line with the Institute of Certified Secretaries (ICS) and which also covers all the parameters prescribed by the Capital Markets Authority.

C. Board Evaluations
Annual board evaluations have become a part of the accepted governance landscape and, if conducted properly, can be a valuable tool to increase board effectiveness.

In line with applicable sector-specific corporate governance codes, regulatory requirements, and recognised best-practice frameworks, we undertake Board Evaluations using a structured and customisable toolkit. The evaluation framework is tailored to the client’s regulatory environment covering listed companies, CBK-licensed institutions, Saccos, pension schemes, insurance companies, NGOs, and other entities and is formally reviewed and approved by the Board of Members prior to implementation.

D. Corporate Governance Advisory
As regulators strengthen regulations and make them more prescriptive, there is need for companies to revisit their governance structures, disclosure practices and risk management practices in an effort to retain investor confidence and counter increasing shareholder activism.

We offer our clients a holistic approach to governance which goes beyond the board of directors and regulatory compliance, encompassing areas such as:

• Advisory on the Board process and composition;
• Review of Governance documents;
• Preparation of Terms of Reference, Board Charters etc

E. Trainings
We offer structured corporate governance training programmes, providing practical and sector-relevant understanding of applicable legal, regulatory, and governance frameworks. The training is delivered in a concise and applied manner and may cover, among other areas:

• An overview of applicable corporate and sector-specific legislation and governance codes, including frameworks issued by CBK, RBA, SASRA, CMA, and other relevant regulators;
• The roles, responsibilities, and fiduciary duties of Board members;
• Regulatory compliance obligations and emerging governance requirements; and
• Financial oversight, reporting, and audit responsibilities.

These programmes are carefully curated to strengthen Board effectiveness and address critical governance themes such as stakeholder and shareholder rights, ethical leadership, risk management, internal controls, transparency, and disclosure. The training equips Board members and senior management to navigate an evolving regulatory and business environment, enhance effective governance practices, and support sustainable organisational performance.