High Court finds PIC board exceeded its powers
Chief executive Patrick Dlamini’s suspension was unlawful because the prescribed governance process was not followed.
#corporategovernance
A new board, but old questions at the PIC
Fresh appointments may restore oversight, but they do not resolve the disputes and investigations that continue to beset the Corporation.
ESG risks move from sustainability agenda to investment-risk lens
Alexforbes’ Stewardship Report argues that governance, water security, and other ESG factors are increasingly being evaluated for their effect on company value and long-term returns.
Masondo exits as PIC governance crisis deepens
Finance Minister Enoch Godongwana confirms that he asked the entire board to step down or explain why its members should not be removed.
Seven-year R5.5m fraud exposes dangers of unchecked payment controls
Businesses should regularly review user permissions and payment approvals to reduce opportunities for financial misconduct.
Audit quality strained by weak judgement and rising tech risks, IRBA finds
Inspections highlight persistent gaps in professional scepticism and the growing challenges of integrating technology into audits.
JSE flags ‘recurrent non-compliance’ in KOBWA censure
The JSE issues a public censure and suspended fine after the Komati Basin Water Authority again failed to publish a required SENS announcement on time.
PAIA deadline opens as Regulator tightens oversight on information access
Missed submissions could trigger enforcement as the Regulator scrutinises how firms handle access to information requests.
Old Mutual announces chair succession ahead of Manuel’s retirement
Roger Jardine, who joined the Old Mutual board in September 2025, is set to take over as chairman after the June AGM.
Directors, step back: courts shut the door on DIY legal representation
The judgment delivers a warning to directors: act as your own lawyer without court approval, and your case may be struck out with costs.
Only 15% make it: the six fault lines that break family businesses
Despite driving most of the world’s GDP, family firms rarely survive the fourth generation – here are the six predictable governance failures that undo them.
Why King V matters for retirement fund boards
King V may be voluntary, but for retirement fund boards it has emerged as a critical standard for credible governance, fiduciary oversight and long-term value creation.
Bonitas’ dispute with Medscheme heads to court
Bonitas’ decision to change administrators comes amid a CMS investigation and High Court proceedings involving its former service provider.
When AI goes wrong, liability still lands on humans
As AI reshapes workplace decisions, legal experts and insurers warn that professional indemnity and D&O exposure is rising fast.
When algorithms collude: how AI may break competition law without intent
Experts warn that AI tools may quietly drive price-fixing and collusion, posing a new threat to competition law.
Majority back mandatory sustainability reporting, but few feel ready
Despite high voluntary disclosure, challenges such as resource constraints and complex standards highlight the need for government-led guidance and skills development.
SA edges closer to mandatory sustainability reporting under global ISSB standards
A new partnership between the FSCA and IFC signals a clear intent by regulators to align corporate disclosure rules with global sustainability standards.
