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CGF ARTICLES, OPINIONS & EDITORIALS

SCANT REGARD FOR CORPORATE GOVERNANCE IN SOUTH AFRICA (2016-04-18)

Article by Terrance M. Booysen

With the recent findings of the Constitutional Court pertaining to the Nkandla matter, the subject of corporate governance has intensified and the topic has featured in media headlines, talk-shows and public debates across South Africa.

Notwithstanding these recent events, have boards and their directors taken the issues attached to corporate governance seriously enough; particularly since the debacles attached to SAA, PRASA, Eskom, SABC and so many others which have been mired with alleged poor governance practices.  And whilst there are endless regulations being passed -- with yet another new set of governance recommendations being published through King IV -- many organisations and their leadership continue their laissez-faire attitude with scant regard for good governance and accountability.

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