Bishopstrade recognises that it has fiduciary and public responsibility to practice good corporate governance.

Our business is the delivery and management of the Boffin Open Customs and Freight software, which is supplied to Revenue Authorities, Transport & Logistics Companies, and Private & Public Organisations involved in the African freight industry.

Together with Oracle Corporation we provide an Integrated Freight Management Solution and therefore in addition to the Public or Private Client, we have a wide spectrum of project stakeholders who have a legitimate interest in the conduct and performance of Bishopstrade and our Partners and Suppliers:

1. Public & Financial Institutions

Bishopstrade is endorsed by, receives advice and support from, supplies data to, and is the recipient directly or indirectly of funding from various public institutions and banks

2. Ministries of Finance & Inspector Generals / Public Auditors

Our main clients for the Boffin Open Customs & Excise System are the Revenue Authorities, but they come under the Ministry of Finance. Private companies in the freight and transport industry come under the compliance mandate of the national Revenue Authorities for declarations, returns, payments etc

3. Private companies.

We work with a range of Bishopstrade and Client Partners and Suppliers, the most important being Oracle Corporation, who provides consultancy and implementation, services.

Bishopstrade Limited - Corporate Governance Policy

Bishopstrade is committed to the practice of good corporate governance on behalf of all stakeholders:

1. Consultation

At every stage in a project, Bishopstrade consults regularly with all stakeholders. In particular we participate in studies, workshops and consultative meetings on regional standardisation and integration.

2. Public Procurement Policy

For Public Contracts of sufficient value where Bishopstrade is the Prime Contractor, Bishopstrade carries out or recommends procurement in line with IBRD / World Bank / EIB / AfDB Rules of Procedure for International Tendering as applied to complex infrastructure projects. In practice this means targeting no less than three pre-qualified viable bids per project item. Awards of Contract and Supplier / Contactor Payments are similarly processed.

3. Transparency

Bishopstrade provides for transparency in all its business matters in Public Contracts where this does not conflict with normal commercial non-disclosure agreements or contract confidentiality clauses:

a) Sovereignty and Domestic law compliance
b) Project Accounts presented fairly and in accordance with International Accounting Standards as far as they apply
c) Audits by Inspector Generals, Banks and Institutions as required
d) Shareholder Registry and Accounts in Mauritius as a matter of public record
e) Regular monitoring and communication of project plans, progress and completion to stakeholders.

Notwithstanding any of the above, Bishopstrade will always comply with national regulations and court decisions.

Bishopstrade Responsibilities

1. Clients & Stakeholders

Bishopstrade has a fiduciary and contractual responsibility to clients and associated stakeholders:
a) To bring qualified and resourced staff committed to the project success
b) To manage and complete the project to international professional benchmarked standards and technical performance
c) To deliver value for money and help client meet their targets

2. Communities

We operate in both the Public Domain as well as the Commercial, where a great many external individual and corporate users depend on the proper and efficient functioning of the Boffin system supplied to the client:

a) All Bishopstrade Staff, Partners and Contractors will adhere to best working practices, supporting the client management and staff
b) Where possible Bishopstrade favours local procurement by supporting local business and employment