When it comes to good corporate governance, “the power is no longer in the boardroom. It is in the smartphone.” This was the key takeaway from a recent compliance business breakfast, hosted by LexisNexis South Africa at its Durban head office, where guest speaker, Michael Judin emphasised the influence of the digital revolution on the King IV™ Report on Corporate Governance.
LexisNexis 18 Aug 2017
SAA's procurement policy, which sets aside 30% to small businesses, is illegal and will expose the airline to legal action by suppliers, including Bidair Services, according to a legal opinion obtained by the national carrier. The policy, which favours small, medium and micro enterprises owned by military veterans, rural women and previously disadvantaged youth, was introduced in 2015 after a board resolution taken on 26 August that year.
Xolisa Phillip 17 Aug 2017
It seems ironic, for a country with such a well-established code of good corporate governance as the King codes, how many companies - including an august institution such as audit firm, KPMG - are having their ethics and integrity questioned as the Gupta email saga unfolds.
Nicci Botha 16 Aug 2017