Member of Parliament for Ntchisi North Boniface Kadzamira of Malawi Congress Party (MCP) has said the Department of Statutory Corporations lacks a clear act to define its authority and functions over the parastatals it is mandated to oversee.

In his contribution to the report on Commissions, Statutory Authorities and State enterprise tabled in parliament, the legislator said the department is also underfunded and has inadequate staff and equipment.

“The department overseas institutions which are vital to the socio-economic growth of this country, yet there are no clear guidelines as to how it is supposed to carry out its duties towards these institutions,” said Kadzamira.

He said their boards are full of appointed and non technical people who have no vision for the companies.

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