Rifle Shot Performance Holdings Bronze Patron status opens governance doors for its supply chain (2011-10-27)
February 17,
2015 5108 5108 
CGF Research Institute (Pty) Ltd, a specialist company involved in a wide range of corporate governance services, has announced the support of its latest Corporate Patron, Rifle Shot Performance Holdings (Pty) Ltd.
“For many years, CGF has been advocating the need for businesses and government to openly support and adopt a culture for sound governance within its business operations and structures. Typically, and with a few exceptions, there are two patterns of response to this call and challenge; one being a convenient denial that there could be any form of errant behaviour and therefore the status quo continues within an organisation, the other a blissful ignorance of the topic with a business as usual approach,” says Terry Booysen, the CEO of CGF Research.
Undoubtedly, there is still a lot of work to be done in South Africa as our country continues to limp ahead with single digit GDP growth, estimated at approximately 3% per annum. As compared to our key trading partners such as India and China with GDP averages at 8.9% and 9.6% respectively; South Africa needs all its team players pulling in the same direction if we are to build a nation with pride, and one that is sustainable and established on a sound governance foundation. Increasingly, the call for action has been made for an improved education system, job creation and crime reduction; yet few by comparison are actually willing to put their shoulders to the wheel. True partnerships make a significant impact when each party is willing to be held accountable to the other for its actions, rather than abdicating the responsibilities of the tasks at hand.
Rifle Shot Performance Holdings has most certainly shown their fortitude through their support and partnership with CGF; considering that neither of these companies are the heavy weights of the JSE. “Rather ironically and notwithstanding the size of our companies, CGF and Rifle Shot Performance Holdings is making a significant difference when it comes to assisting the major South African companies understand, and deal with the wide nuances associated with sound business governance practices”, adds Ian Huntly, the co-founder and CEO of Rifle Shot Performance Holdings.
