CGF ARTICLES, OPINIONS & EDITORIALS
November 7,
2016 8109 8109
Article by Robert Davies (CGF: Lead Independent Consultant) and reviewed by Terrance M. Booysen
Saying or doing something racist, or performing various deeds which falls within a long list of things the Bill deems to be hate speech -- or a hate crime -- could see you ending up with a criminal record.
November 7,
2016 8374 8374
Article by Dr Dicky Els and Terrance M. Booysen
With the accelerated pace of global development, fuelled by South Africa’s socio-economic and political uncertainty, there are obvious knock-on business implications that increase business risks, not least of which includes dampening the mood for local investment. It is therefore not surprising to see many organisations downsizing, restructuring and even being forced to shrink their trading operations in the face of declining revenue and higher cost pressures. Since the 2007-2008 global financial market crisis, organisations are operating in turbulent markets and have to constantly adapt to increasing business uncertainty and changing circumstances.
October 18,
2016 9420 9420
By Terrance M. Booysen and reviewed by Joanne Matisonn (Head of Corporate Governance: TMF Corporate Services)
It has been said that it is very difficult to accurately describe what exactly defines a good board of directors, and trying to find a scientific formulae for a so-called ‘perfect’ board is improbable. At the inception of the first round of appointing directors on the board, the shareholders will usually have a very good idea of the ideal group of directors which they believe will be best suited and qualified to start and direct the business.
September 19,
2016 150558 150558
Article by Terrance M. Booysen and reviewed by Megan Grindell (Director: Carter DGF Risk Management)
In today’s heightened times of public scrutiny and calls for ethical leaders, it’s not surprising that many concerned citizens have become far more demanding for good governance and transparency.
July 18,
2016 8572 8572
Article by CGF Research Institute
As a Proudly South African company, CGF Research Institute (Pty) Ltd (‘CGF’) was founded in 2004 on the basis of assisting organisations to deal with the challenges of governance, risk and compliance (‘GRC’). Back then, CGF’s board of directors correctly anticipated the complexities that would challenge many South African organisations, both large and small.
July 18,
2016 8298 8298
Article by Terrance M. Booysen and reviewed by Ian Jacobsberg (Partner: Hogan Lovells)
At the time when South Africa re-entered the global economic arena in 1994 -- amongst a number of critical tasks set by the late President Nelson Mandela -- the newly elected democratic government realised the importance of establishing Bilateral Investment Treaties (‘BITs’) with foreign countries. These BITs were established in order to inter alia; boost the then ailing economy through international trade, as well as to attract their much needed foreign investment to South Africa.
June 10,
2016 9583 9583
Article by Terrance M. Booysen
It is not surprising that many business leaders have become a lot more circumspect about their positions -- including their waning risk appetite -- as yet more draconian legislation enters the market in South Africa.
June 7,
2016 9522 9522
Article by Jenè Palmer
Forward thinking organisations have realised that corporate governance does not merely fall into the portfolio of the Company Secretary. Indeed, the draft King IV Report on Corporate Governance for South Africa 2016 (‘King IV’), describes corporate governance as “the exercise of ethical and effective leadership by the governing body” of an organisation.
May 25,
2016 8918 8918
Article by CGF
Experience shows that it is often not the complex legal issues that companies stumble over. In most cases, the complex legal issues tend to receive a lot more focus within a company and they are usually dealt with by teams of lawyers and accountants.
May 21,
2016 8761 8761
Article by Terrance M. Booysen and peer reviewed by Craig Rosewarne (CEO: Wolfpack Information Risk)
It was estimated by ISACA -- previously known as the Information Systems Audit and Control Association® -- that there could be as much as 5.4 billion internet-based connected devices by the year 2020. And these estimates may even exceed their original projections as technology advances with its prolific and wide-spread adoption.