|Municipal Owned Entities|
Municipal entities are independent organisations that perform municipal services on behalf of a municipality and the municipality controls the majority shareholding.
Board members of Municipal Owned Entities / Utilities are required to ensure that they meet a complex set of demands including the strategic aims of the Entity / Utility, the mandate of Municipal Leaders and the requirements of the Municipal Systems Act, Municipal Finance Management Act, Companies Act and The King Code of Governance Principles for South Africa and the King Report on Governance (King III). Municipal entities operate in a highly regulated environment which could prohibit performance (conformance against performance). Like all other businesses they have to perform in order to, among others, grow the business whilst managing risks, create and retain jobs.
To facilitate effective board representation the Municipal Owned Entities / Utilities Board Induction Programme aims to provide a customised governance and leadership perspective for board members.
Key focus areas
IoDSA Fellow: R4 694
2017/02/02 » 2017/02/15
CD(SA) - PQE Workshop 2 February 2017
CD(SA) Peer Interview - 03 February 2017