October 22, 2023 In Consultancy

REINVENTING STATE OWNED ENTITIES

Status Quo The current higgledy-piggledy surrounding State Owned Companies / Entities (“SOC’s or SOE’s”) provide an opportunity for re-positioning these important resources. The major challenge with most SOC’s, save for those in the public utilities…

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October 22, 2023 In Consultancy

The Critical Role of a Board in Companies

Most corporate executives know that a Board of Directors is important to set the strategic direction of the organization, direct and control its affairs, as well as provide oversight on the management and assets of…

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October 22, 2023 In Consultancy

Weak board leadership – a South African challenge

Introduction Recent history has demonstrated that the pre-requisite to the capturing of any organization, is to weaken its leadership. First you ensure that all those who have the capacity to challenge you are intellectually maimed…

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October 22, 2023 In Consultancy

Appointment of Transnet Interim Board, a missed opportunity

Background The Cambridge English Dictionary’s definition of interim is “temporary and intended to be used or accepted until something permanent exists”. The challenges at Transnet are astronomical and very serious allegations of corruption and mismanagement…

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October 22, 2023 In Consultancy

CORRUPTION INVESTIGATIONS IN SOC’s: THE DOWNSIDE

Corruption, period! Many many moons ago in a land far away, a combative Board chairperson is appointed to a critical SOC with one personal mission, fighting corruption. This chairperson is immediately consumed with this “mammoth”…

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October 22, 2023 In Consultancy

KING IV IS NOT ENOUGH!

Corporate governance malfunctioning history The creation of King IV was a direct response to corporate governance malfunctioning in the early 90s, aimed at creating a framework for corporates to be more accountable and transparent in…

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October 22, 2023 In Consultancy

Governance

A case in point One of the scenes of the movie iRobot, raises a moral dilemma in decision-making by robots that have been designed as work-force for society i.e. police, domestic helpers, emergency services etc….

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October 22, 2023 In Consultancy

Appointment of Company Boards – Best Practise

The ongoing revelations at the Zondo Commission of Enquiry in South Africa (enquiry into “state capture”” and corruption in the public sector) and other fora appointed for such purpose has highlighted the critical importance of having the…

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October 22, 2023 In Consultancy

Dumping of Chicken in South Africa – How tariffs on imported chicken affect consumers

The media reports on the Sunset Review (“SR”) on existing Anti-Dumping duties (AD) always causes a stir and finds importers and exporters pitted against each other almost at “scream” levels. Current duties on imports on…

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October 22, 2023 In Consultancy

IMF – State Owned Enterprises – Engines of Economic Prosperity (Or not)?

The International Monetary Fund (IMF) recently released a report titled “State-Owned Enterprises in the Time of COVID-19”. The idea behind the report was to provide some feedback on this important institution, which I believe is…

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