“They are the custodians of our culture and they must know how to run companies so that they can do this on behalf of their communities,” the minister said in Harare.
Kasukuwere was addressing a one-day conference on Corporate Social Responsibility (CSR).
CSR is being carried out by firms that have been told by the minister to indigenise and give locals a shareholding in their companies.
The minister had been asked whether chiefs would be able to deal with issues of corporate governance if they arose in their communities.
“We must not take away the role of the chiefs because they are traditional,” Kasukuwere said.
“What we must do is to teach them. In fact we have about six chiefs who have gone through studies on corporate governance and they know how it is done.”
He said lessons would be held in every province in Zimbabwe and top lawyers would be invited to inform the chiefs.
The conference participants had said that they felt chiefs did not understand corporate governance issues and, therefore, should not be allowed to take control of learned citizens living in their communities.
Top Corporate Governance lawyer, Canaan Dube, a Senior Partner of Dube, Manikai and Hwacha (DMH) also attended the conference.