News & Press - The Institute of Directors in South Africa NPC

News & Press

Read about recent events, essential information and the IoDSA in the news

Media Statements
Tuesday, 12 July 2022 (3 Comments - view/add) Zondo Report underscores need to enforce director accountability more rapidly » In its final report, the Zondo Commission repeatedly comments that directors of the various captured state entities have n...
Wednesday, 06 July 2022 (1 Comment - view/add) Zondo misses opportunity to recommend mandatory professional body membership for directors » In its final report, the Judicial Commission of Inquiry into State Capture (Zondo Commission) recommends the enactment of...
Thursday, 30 June 2022 (0 Comments - view/add) IoDSA broadly supports Zondo Commission’s recommendation for an Appointment Committee » The Institute of Directors in South Africa (IoDSA) broadly welcomes the recommendation to establish a Standing Appointment...
Tuesday, 21 June 2022 (0 Comments - view/add) Auditor General’s local government report: local government should be professionalised, says IoDSA » The recent report on local government by the Auditor General, Tsakani Maluleke, is a timely reminder of the prevailing dys...
Wednesday, 01 June 2022 (1 Comment - view/add) Comair incident demonstrates the importance of corporate governance: IoDSA » Comair returned to the headlines by advising on 1 June that it was voluntarily suspending its flights until the funding ne...
Wednesday, 11 May 2022 (3 Comments - view/add) Lamola as SAA Executive Chair and CEO is not aligned to governance best practice » The news that John Lamola will assume the roles of both Executive Chair and CEO of South African Airways (SAA) suggests th...
Tuesday, 10 May 2022 (0 Comments - view/add) Executive pay disclosure - a governance imperative: IoDSA » The recent suggestion by PSG CEO Piet Mouton that the requirement to disclose executive pay should be made optional raises...
Thursday, 05 May 2022 (0 Comments - view/add) Role-players must share responsibility to clean up SOEs—IoDSA » Reacting to the publication of the Zondo Commission’s latest reports on the capture of Eskom, [1] the Institute of Di...
Monday, 04 April 2022 (2 Comments - view/add) Lotteries scandal once again raises question of serial directors » The media reports about the luxurious mansion inhabited by the previous chairman of the National Lotteries Commission—repo...
Thursday, 17 March 2022 (0 Comments - view/add) Comair’s suspension show the need for boards to manage risk proactively » Last week’s suspension of Comair’s licence to fly because of safety concerns is clearly a crisis for any airline. While th...
Tuesday, 15 February 2022 (1 Comment - view/add) JSE censure of AYO directors is a step in the right direction: IoDSA » The Institute of Directors in South Africa (IoDSA) welcomes the announcement that two former directors of AYO Technologies...
Wednesday, 09 February 2022 (1 Comment - view/add) SONA: President Ramaphosa must highlight competence and ethics in SOE appointments » As the Zondo Reports so graphically demonstrate, South Africa’s state-owned enterprises (SOEs) are in a truly lamentable s...
Monday, 07 February 2022 (0 Comments - view/add) Zondo 2 underscores the key role boards must play in appointing the right CEO » Volume 1 of the second Zondo Report (Zondo 2), which deals with Transnet, graphically shows how important it is for a CEO...
Thursday, 03 February 2022 (0 Comments - view/add) Popo Molefe’s views in Zondo 2 are important milestone in SOE governance » The testimony of Mr Popo Molefe, the current chairman of Transnet, as set out in Part 2: Volume 1 of the Zondo Report (Zon...
Monday, 24 January 2022 (0 Comments - view/add) Zondo Commission’s damning findings on Dudu Myeni offers guidance for Board Chairs » In detailing some of the crimes and misdemeanours that enabled state capture, the Zondo Commission’s report is in fact off...
Thursday, 20 January 2022 (0 Comments - view/add) State capture report exposes poor regulation of directors » “Acting Chief Justice Zondo’s State Capture Commission report highlights the need for formal regulation of the director pr...
Wednesday, 05 January 2022 (0 Comments - view/add) IoDSA supports State Capture Report recommendations on directors » Conclusions and recommendations made in part one of the state capture inquiry report align closely to a letter sent by the...
Tuesday, 30 November 2021 (0 Comments - view/add) Absa / Pityana: Discussion should be informed by the relevant law » The decision by the board of Absa to remove Sipho Pityana has provoked an enormous amount of controversy and a great deal...
Friday, 12 November 2021 (0 Comments - view/add) Mini-Budget Sentiment Welcomed but Strong Governance Needed Says IoDSA » Johannesburg - A strong unequivocal commitment to fiscal sustainability announced by the Finance Minister in his Medium-Te...
Tuesday, 26 October 2021 (0 Comments - view/add) Next Week’s Election – A Service Delivery Crossroads for SA, Says IoDSA » The upcoming local government elections are unquestionably one of the most important in South Africa’s recent democratic h...
Monday, 04 October 2021 (0 Comments - view/add) IoDSA Makes Key Governance Recommendations to Zondo Commission Ahead of Release of Final Report » BODY CALLS FOR PROFESSIONALISATION OF DIRECTORSHIP, IMPROVEMENTS TO NOMINATIONS PROCESS AND MANDATED GOVERNANCE TRAINING F...
Thursday, 23 September 2021 (1 Comment - view/add) Mandatory Vaccinations – Institute of Directors In South Africa (IoDSA) Urges a Considered Approach » Johannesburg - A new corporate debate over whether COVID-19 vaccinations should be mandatory is one, says the Institute of...
Monday, 20 September 2021 (0 Comments - view/add) Concern over current SA economic climate but directors more bullish about future business conditions » LATEST DIRECTOR SENTIMENT SURVEY BY THE INSTITUTE OF DIRECTORS IN SOUTH AFRICA. JOHANNESBURG - COMPANY directors in So...
Monday, 30 August 2021 (1 Comment - view/add) Ethekwini Municipality Audit Committee Report – calls for directorship professionalisation in local » Concern over local government’s overall ability to reliably deliver services to citizens has been strengthened by findings...
Wednesday, 25 August 2021 (0 Comments - view/add) Durban chemical disaster is clarion call for directors, regulators » The massive fire at the warehouse of chemicals company UPL in Durban has created an environmental disaster whose scale is...
Tuesday, 24 August 2021 (0 Comments - view/add) Government’s moves to strengthen nomination process for SOEs appointments - cautiously welcomed » Business Day reports that government is planning to intensify the vetting of non-executive directors and other employees...
Wednesday, 18 August 2021 (0 Comments - view/add) President Ramaphosa’s defence of cadre deployment sends wrong message to public sector in crisis » According to a report in Business Day , [1] President Ramaphosa ended his recent testimony to the Zondo Commission...
Wednesday, 18 August 2021 (0 Comments - view/add) KZN riots shout out the power of governance » Many commentators have pointed out that the recent riots in KwaZulu-Natal had a silver lining in the way that communities...
Friday, 30 April 2021 (6 Comments - view/add) Defending cadre deployment will keep governance of SOEs at risk » As long as Government’s cadre deployment policy is defended, governance of South Africa’s state-owned entities (SOEs) wil...
Thursday, 08 April 2021 (1 Comment - view/add) Cricket South Africa board standoff reveals key role governance can play » Cricket South Africa (Cricket SA) has lurched into yet another crisis with the Members’ Council rejecting the interim boar...
Thursday, 08 April 2021 (1 Comment - view/add) Important lessons for directors in NW Cricket case - and Cricket SA » News reports indicate that the suspended board of North West Cricket might be facing an application by parent body, Cricke...
Wednesday, 24 February 2021 (2 Comments - view/add) IoDSA’s views on government’s anti-corruption programme » In his recent State of the Nation Address, President Ramaphosa emphasised the deep negative impact of corruption on the co...
Wednesday, 17 February 2021 (1 Comment - view/add) Eskom testimony at Zondo Commission points to key issues for directors » Testimony at the Zondo Commission relating to the prepayment of R1.68 billion to Tegeta, a company owned by the Gupta fami...
Wednesday, 17 February 2021 (7 Comments - view/add) King Committee appoints new Chair » Following the resignation of Suresh Kana as Chair of the King Committee on Corporate Governance, effective from 31 January...
Tuesday, 16 February 2021 (0 Comments - view/add) SONA – professionalisation of directorship is critical » The Institute of Directors in South Africa (IoDSA) welcomes the President’s emphasis in his State of the Nation Address on...
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