March 31,
2025 225 225
By Terrance M. Booysen (CGF Research Institute: CEO)
In an era of heightened scrutiny over corporate governance and accountability, the responsibilities of directors and executives have evolved significantly. High-profile corporate failures, including Enron and WorldCom in the United States, HIH Insurance in Australia, and Parmalat in Italy, have underscored the need for robust governance frameworks. Similar failures in other markets, including cases such as Steinhoff and VBS Bank in South Africa, illustrate that the risks of poor governance and weak oversight are universal.
March 10,
2025 270 270
By Terrance M. Booysen (CGF Research Institute: CEO)
Another governance crisis waiting to happen
In recent years, corporate governance has become a hot topic following scandals like Steinhoff, Tongaat Hulett and many others, but despite increased attention, significant and material progress in improving governance practices across organisations remains alarmingly scarce.