South Africa: Corporate Governance

Sustainability reporting in South Africa is undergoing significant transformation as global standards converge with local governance frameworks. The introduction of IFRS Sustainability Disclosure Standards, together with the King V Code, presents organisations with an opportunity to strengthen governance, improve decision-making and enhance corporate reporting credibility. As investor expectations evolve and regulatory scrutiny increases, organisations face growing pressure to provide sustainability informa

King V's governance framework is widely misunderstood as a rigid rulebook requiring uniform compliance, when it is actually designed as a flexible, principles-based system. This analysis examines the three-tiered structure of outcomes, principles, and recommended practices, explaining why the "apply and explain" disclosure regime prioritizes contextual application and meaningful results over mechanical box-ticking exercises.

As artificial intelligence moves from experimentation to everyday business practice across South African organisations, a critical gap is emerging between AI policy development and actual governance implementation. While many companies have established AI guidelines, few have mechanisms to ensure these policies are followed or that AI delivers intended outcomes, creating an urgent need for independent assurance through internal audit functions.

In a landmark judgment, the Supreme Court of Appeal (“SCA”) in the case of Ibex RSA Holdco Ltd and Another v Tiso Blackstar Group (Pty) Ltd and Others 2025 (2) SA 408 (SCA) (“Ibex”)...

South Africa's Draft National AI Policy, published in April 2026, establishes a comprehensive governance framework that positions artificial intelligence as a constitutional and development priority.

Sustainability reporting in South Africa is no longer a question of “if” but of how quickly organisations can translate new requirements into credible, decision-useful disclosure.

Non-profit organisations ("NPOs") have played a vital role in advancing South Africa's socio-economic landscape, addressing key needs in healthcare, education, social welfare, and community development.

Conducting a Legal Audit for Compliance in South Africa: Why It Matters and How to Do It Right...

A trust is a legal arrangement whereby a person or entity (i.e. the trustee), holds and manages assets on behalf of another person (i.e. beneficiary) according to terms set out by the person...