This circular focuses on the implementation of Mwongozo, the Code of Governance for State Corporations. It highlights the importance of adhering to Mwongozo's guidelines and principles in governing state corporations and agencies. The circular emphasizes the separation of roles between the Board and management, with the Board's responsibility being policy formulation, direction, and monitoring, while management handles policy implementation and day-to-day affairs. It addresses concerns about some Boards performing executive functions and demanding excessive facilitation. The circular directs Principal Secretaries to prioritize the matter in Board Meetings and emphasizes the need for compliance with Mwongozo's prescriptions.