Within an African setting, the Ubuntu philosophy embodies a socio-cultural framework that applies to all individuals and institutions throughout the continent. The Ubuntu application is pervasive in almost all parts of the African continent. Hence, the Ubuntu philosophy is integrated into all aspects of day-to-day life throughout Africa and is a concept shared by all tribes in South, Central, West, and East Africa amongst people of Bantu origin. This paper presents a desk research that aims at reviewing and analysing literature on corporate lessons that can be realised from the African Ubuntu philosophy. The paper reviews the background and significance of the Ubuntu philosophy including successful cases of Africanising management systems. Finally the paper reviews major contributions that the Ubuntu philosophy can make towards global management systems. The literature reveals that there are a lot of corporate strategy lessons that can be realised out of the Ubuntu philosophy. These lessons include collectivism and teamwork, creation of synergies and competitive advantages, humanist leadership styles and maturity, consensus in decision-making systems, effective communication, and community-based corporate social responsibility. Therefore, there is a need for corporate strategy and management systems to be realigned with the local Ubuntu philosophy that defines the Africa's socio-cultural framework. To be successful, Africa-based organisations must be found on this Ubuntu philosophy.

It is common knowledge that an organisation cannot operate in isolation without the critical roles that various stakeholders play in influencing organisational operations and ultimate corporate performance. Thus, stakeholders that are interdependent have to be rewarded based on their respective efforts in promoting and creating organisational wealth in different capacities. This study aimed at ascertaining the extent of corporate conscience phenomenon as on how body corporates in Malawi tackle and distribute wealth to their different stakeholders who are actively involved in the creation of such an organisational wealth. The study findings reveal that most business executives in Malawi recognise that being a body corporate with a conscience is a recipe for success of their current and future operations and the ultimate sustainable corporate performance. It is anticipated that the study results will improve the perception of business executives towards corporate conscience as well as transform the approaches in academic and business research programmes.

Stakeholders play critical roles in sustaining operations of an organisation. Thus, there is an increasing insistence on the need for organisations to run their operations with their stakeholders in mind. This study aimed at establishing how different stakeholders are valued and treated by various companies operating in Malawi. The study findings reveal that most business executives recognise the vital roles that different stakeholders play for the success and sustainability of their operations. Corporate managers also recognise the interdependence of relationships of their stakeholders. However, some stakeholders such as debt financiers, community and natural environment receive lower rankings by corporate managers. The study findings suggest that there is a need to carry out another similar study after some time to assess the impact of new provisions of the good corporate governance that propagate inclusion of an integrated reporting system within corporate reports. It is envisaged that the study results will facilitate the change of mindsets in corporate planning and performance measurement systems and also change of approaches in academic and business research programmes.