303. The annual report should incorporate a statement by the chairperson of the Board and a statement by the chief executive officer or managing director in which they evaluate the company’s performance during the year.

304. Information, knowledge and experiences which constitutes trade or professional secrets or is commercially sensitive must be protected from disclosure.

305. The Board should consider and approve an internal company document on information that constitutes credible professional and trade secrets and specify the items that constitute trade or professional secrets including Board members’ engagement contracts.

306. Contracts of employment should include provisions on non-disclosure of information, knowledge and experience which constitute trade or professional secrets of the company.

307. The company’s management must inform the Board whether the company’s ICT function is –
(a) on track to achieve its objectives;
(b) resilient and agile enough to adapt to strategic needs;
(c) adequately protected from the risks it faces; and
(d) capable of revealing any opportunities that can be recognized and pro -actively exploited.

• According to the NATIONAL CODE ON CORPORATE GOVERNANCE ZIMBABWE