Tag: corporate governance

The governance ecosystem is touted to give accountability, transparency, fairness and responsibility as the pillars on which corporate governance is built to all stakeholders and sanction or root out perverse conduct in an appropriate and balanced manner. This should keep the equilibrium of all stakeholders’ rights and obligations in check.

Artificial Intelligence (AI) offers unprecedented opportunities for growth and innovation but also presents significant challenges and risks, especially concerning human rights and corporate governance.

Corporate South Africa needs to explore the growing trend of linking executive compensation to environmental, social, and governance (ESG) performance, driven by the imperative of multi-stakeholder capitalism and heightened attention to sustainability issues.

In the dynamic and competitive world of business, staying financially fit is crucial for the long-term success and sustainability of any business. One aspect of maintaining financial fitness is having your business affairs in impeccable order. This entails meticulously managing your company's financial records, compliance, and transparency.

Some Small and Medium Enterprise (SME) may believe that environmental, social and governance (ESG) considerations do not apply in their businesses, particularly when compared to large and listed corporates. But this isn’t the case as implementing ESG, realistically, into an SME business comes with many benefits, including attracting funding opportunities.

If you’re reading this, there’s a very good chance you’re already familiar with Environmental Social Governance (ESG). ESG is a constantly evolving standard that emphasises the importance of doing business in a way that positively impacts the environment, society and stakeholders.

Just days after Mpho Phalaatse was removed as Johannesburg’s mayor, a letter to all municipal entities surfaced on social media, in which the Acting City Manager of Johannesburg instructs the boards of municipal entities to cease holding any “strategic sessions, including the [sic] Board and Sub-Committee meetings” until further notice.

While there is still largely a pessimistic mind-set regards the South African economy locally, there are many companies that have been reporting good results and positive profits margins - think banks and service industries. As such, there is a real case to be made that this (positivity) will be able to drive economic growth.

Sabinet introduces an integrated solution for streamlined access to Financial Regulatory Instruments as issued by the South African Reserve Bank (SARB) and the Financial Sector Conduct Authority (FSCA).

Filing of Financial Accountability Supplements instead of Audited Annual Financial Statements during the period 01 April 2020 to 31 March 2021. On 01 July 2018, we mandated Extensible Business Reporting Language, which is a digital financial reporting mechanism for companies to file audited annual financial statements (AFSs) in an electronic format.