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CGF ARTICLES, OPINIONS & EDITORIALS

SUSTAINABLE DEVELOPMENT GOALS: CAN SOUTH AFRICA DO IT? (2016-05-09)

Article by Terrance M. Booysen

The impacts of the widely broadcasted activities that South African citizens witnessed regarding the ‘Nenegate blunder’ will be felt hardest amongst the poor, and for many years to come.  And this is with no thanks to President Jacob Zuma.

SCANT REGARD FOR CORPORATE GOVERNANCE IN SOUTH AFRICA (2016-04-18)

Article by Terrance M. Booysen

With the recent findings of the Constitutional Court pertaining to the Nkandla matter, the subject of corporate governance has intensified and the topic has featured in media headlines, talk-shows and public debates across South Africa.

CORPORATE REPUTATION: IT CERTAINLY MATTERS (2016-04-04)

By Terrance M. Booysen and reviewed by Ian Jacobsberg (Partner: Hogan Lovells)

One hardly needs any reminding of the global economic crash and its devastating effects the world experienced in September 2008.  Many businesses were brought to their knees, and countless individuals were financially ruined as a result of what could only be described as reckless trading, backed by the greed of a select group of business executives in the financial services market.

GOVERNANCE OF RISK: A CRITICAL ELEMENT FOR BOARD DELIBERATION (2016-03-15)

Article by Terrance M. Booysen

As more pressure is exerted upon organisations to demonstrate good governance across their entire operation, increasingly boards of directors are expected to possess far greater knowledge and understanding of the organisation’s business and its supply chain.

TREATING CUSTOMERS FAIRLY, OR NOT? (2016-03-07)

Article by Terrance M. Booysen and reviewed by Deon Francis (Partner: Hogan Lovells)

In today’s times, customers are very much aware of their rights. Whether or not a frustrated customer is standing in a long bank or retail outlet queue -- be this in South Africa or even in the bustle of Paris -- one is bound to hear someone shouting “customer service please!”

SOCIAL MEDIA: CHANGING TIMES AND INCREASED RISK (2016-02-03)

Article by Terrance M. Booysen

Many technologists across the world were completely bewildered by the claim Gordon E. Moore made in 1965, when he boldly predicted the rate of change the world would undergo through the rapid development of technology.

BRIBERY: THE BOARD IS ACCOUNTABLE (2015-12-04)

Article by Terrance M. Booysen and reviewed by Jaco de Jager (CEO: Association of Certified Fraud Examiners: SA Chapter)

Besides the more notable pieces of legislation that deal with bribery and corruption, which include the USA’s Foreign Corrupt Practices Act of 1977, the United Kingdom’s Bribery Act of 2010 and even South Africa’s Prevention and Combatting of Corrupt Activities Act 12 of 2004; now South African organisations will have to contend with even more anti-bribery controls.

SERVING THE ORGANISATION: A DIRECTOR’S PLEDGE (2015-11-04)

Article by Terrance M. Booysen

One wonders how many people have misunderstood the meaning and the commitment they made when they uttered the words, “until death us do part”?

B-BBEE: ALL ORGANISATIONS ARE AFFECTED BY BLACK ECONOMIC EMPOWERMENT AND THE CODES (2015-10-27)

Article by Terrance M. Booysen and reviewed by Dr. Robin Woolley (Director: Transcend Capital)

With the release of the new Broad-Based Black Economic Codes (‘B-BBEE’) -- which became effective on 01 May 2015 -- there is no doubt that the previous Codes of Good Practice (‘the Codes’), which were launched in 2013, did not have the desired effect.

POSITIVE COPING BEHAVIOUR REINFORCES EMPLOYEE PRODUCTIVITY (2015-10-06)

Article by Dr Dicky Els and Terrance M. Booysen

In a globalised economy excesses and imbalances in one part of the world inevitably affects the economies of another, and this is typically played out between developed and developing countries.  With the accelerated pace of global development, expectedly there is a knock-on implication to increased business risk through aggressive competition and more pressure on increasing profit margins.