South African Corporate Governance

South African corporate governance refers to the systems and principles that ensure companies are run responsibly, ethically, and transparently. It involves the relationships among management, the board of directors, shareholders, and other stakeholders, promoting accountability and good decision-making. The framework aims to protect investors, support sustainable growth, and maintain confidence in the business environment. Regulations, like those from the King Code and the Companies Act, guide companies in implementing best practices for transparency, risk management, and ethical conduct, fostering trust and stability in South Africa’s corporate sector.