Comment
community public limited company
Mutambe Harvest Plc is a Public Limited Company which is seeking to bring together all the members of Mutambe to achieve equitable and sustained development in the Mutambe area while at the same time deal with the issue of ownership and benefit sharing with the express agenda of working together to bring economic and social transformation within the project catchment area.
Mutambe Harvest (MH) Plc has the following unique features:
1.Community members defined as those citizens registered under the Village and Development Act have the right to subscribe to the Articles of Association of the MHPlc by virtue of conversion of their labour value, human capital value and direct monetary subscription.
2.The company’s ownership is predominantly community based while incorporating any other citizen who may not reside in and outside the locality.
3.The operational thrust is vested in the company laws and governance rule of the country.
4.As much as MH Plc is community based, the company has an inbuilt capacity to enter into strategic local and international corporate partnerships that will enhance their technological prowess for increased productivity and sustainability