by VDT Attorneys | Aug 5, 2025 | Boardroom ethics, Conflict of interest, Corporate governance, Director accountability, Director duties, Shareholder protection
As a point of departure, we first examine how the Companies Act 71 of 2008 (Companies Act) defines the term director and what duties are imposed on directors.“Director” means a member of the board of a company, as contemplated in section 66, or an alternate director...
by VDT Attorneys | Jun 11, 2025 | Corporate advisors, Corporate governance, Corporate Governance principles, Grey listing, OECD, Organisation for Economic Co-operation and Development
What is the OECD?The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organisation established in 1961 and is one of the leading international standards for corporate governance. South Africa, however, only became a partner of the...
by VDT Attorneys | Apr 29, 2024 | Corporate governance, Ethics, King III, King IV, Social Responsibility
King IV considers organisations of relevance to include companies, retirement funds, non-profit organisations, municipalities, state-owned entities, trusts and similar juristic persons. Although there were many changes from the King III Report introduced by King IV,...
by VDT Attorneys | Jul 27, 2023 | Corporate governance, Trust, Will
The Supreme Court of Appeal (SCA) on 26 May 2023 handed down judgment in the Shepstone & Wylie-case in what has turned out to be a rather controversial decision. The case dealt with the Penvaan Property Trust (“the Trust”) which had three trustees. On 25 May...
by VDT Attorneys | Jun 13, 2023 | Amendment Act, Anti-money Laundering Amendment Act, Corporate governance, Non-profit, NPO
The passing of the Amendment Act has resulted in the proposed NPO Bill being withdrawn given that many of the proposed amendments were addressed in the Amendment Act. But what changes have the Amendment Act introduced in respect of NPOs? The Amendment Act has amended...
by VDT Attorneys | May 19, 2022 | Corporate governance, King IV, King Report
Businesses all over the world are constantly forced to change through technological developments, climate change, societal demands and the expectations of stakeholders. To navigate these changes corporate governance practices have evolved to help provide certainty and...
