business ethics and the pressure applied to improve the business environment in the country is noteworthy. 248. Implementation of the whole of Objective 3 still represents a big challenge for the country, since this is a new and unfamiliar subject for economic agents. However, some actions are already being carried out in the form of lectures, courses and information in the press aimed at raising awareness among economic agents with regard to Corporate Governance aspects. Objective 4: To ensure that corporations treat all their stakeholders, including shareholders, employees, community and suppliers fairly The APR Panel recommended that the rights of shareholders, responsibilities of directors and protection of minority shareholders be included in the Commercial Code (i); and that public knowledge with regard to the new Commercial Code be increased through holding public workshops and lectures (ii). 249. With regards to the APR Panel recommendation on the need to incorporate the rights of shareholders, responsibilities of directors and protection of minority shareholders in the Commercial Code, progress is satisfactory and, in general terms, Mozambique is regarded as one of the countries whose legislation offers most protection for its shareholders in Africa, resulting from in-depth reforms in the legislation on investor protection (see graph 3). 250. It must be noted that the progress was achieved within the scope of a Corporate Governance programme, currently underway, whose objective is not only to create a favourable business environment for economic agents, but, in particular, to guarantee greater transparency and measurability in the relationship between businesses and the different stakeholders, with a view to facilitating investment flows and mobilising resources for economic development. 84