The R1,5 billion fine slapped on AcelorMittal is the biggest fine in SA corporate history and has set a great prohibition on companies planning to engage in uncompetitive practices into the future. The fine was…
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Introduction To those in the private and public sector who are supporters of “agency-led” development, State Owned Enterprise (SOE’s) could play a vital role in facilitating economic development, improving service delivery and enhancing efficiencies in public sector…
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IT Governance (ITG) has become a new risk in the management of institutions. Most, if not all, businesses are 100% reliant on the proper functioning of their IT systems in all aspects of their business…
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The purpose of the Protection of Personal Information Act 4 of 2013 (“POPI”) is to ensure that all South African corporates, state institutions, government departments and other persons who access private personal information, conduct themselves in a responsible…
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The appearances before the Parliamentary Committee (“PC”) by the SABC board and staff (both former and current), has been a hard lesson on Corporate Governance in State Owned Enterprises (SOE’s). 5 years ago, I wrote…
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The Chicken debate. Introduction One of South Africa’s biggest chicken producers is selling 15 of its 25 farms to stay afloat after years of fighting dumping (dumping occurs when a product is sold at below the cost of…
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The Chair A recent conversation with two “key” board players raised a question in my mind on what transformational role Board members should play in Corporate SA. I call them “key role players” because one is a…
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The fanfare surrounding the SABC enquiry has now come to an end and has resulted in heads-rolling, chopped boards and bruised egos. The purpose of the investigation was to “inquire on the fitness of the…
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With all the recent drama taking place in the S.A. corporate governance environment, the most crushing was the High Court judgement declaring a director of Skyport Corporation, which is in liquidation, a delinquent director for seven…
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With S.A facing a plethora of board dismissals, SOE failures and corporate leadership crises, a curious mind would want to know how board appointments for SOE’s are dealt with by other countries. Although board appointments…
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