The Institute of Directors in Southern Africa (IoDSA) formally introduced the
King Code of Governance Principles and the King Report on Governance (King III).
The Code and the Report which were unveiled at the Sandton Convention Centre in
Sandton, Johannesburg, in September 2009.
King III came into effect on 1 March 2010 – until then King II applied. The
new Code and Report also falls in line with the Companies Act no 71 of 2008,
which became effective on 1 May 2011.
Like its 56 commonwealth peers, King III has been written in accordance to
the comply or explain principle based approach of governance, but specifically
the apply or explain regime. This regime is currently unique in the Netherlands
and now in South Africa. Whilst this approach remains a hotly debated issue
globally, the King III Committee continues to believe it should be a
non-legislative code on principles and practices
IoDSA King III Report .jpg)
The King III Report and Code were released on 1 September 2009. To access the
King Report on Corporate Governance in SA 2009 in iPaper format (35.9MB, Require
Flash to view)
.jpg)
IoDSA King III Code
To access the King Code on Corporate Governance in SA 2009 select PDF link in library below.
IoDSA King III Practice Notes
To access Practice Notes for the King Report on Corporate Governance in SA
2009
King III Copyright
Amendment to King III
To access the amendment to the King Code on Corporate Governance in SA 2009 select PDF link in library below.
King II
The King Committee on Corporate Governance launched the King Report on Corporate
Governance for South Africa – 2002 (King II Report) at an Institute of Directors
(IoDSA) Conference attended by 700 persons at the Sandton Convention Centre, 26
March 2002.
King Report are available from the IoDSA. Please contact Joel Banda on 011 430 9900 / joelb@iodsa.co.za
King I
The Institute of Directors in Southern Africa (IoDSA) established in July 1993 the King Committee on Corporate Governance. The King Committee produced the first King Report on Corporate Governance which was published 29 November 1994.
The first King Report was recognised internationally, when published, as the
most comprehensive publication on the subject embracing the inclusive approach
to corporate governance.
King Report are available from the IoDSA.
Please contact Joel Banda on 011 430 9900 / joelb@iodsa.co.za
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