CGF ARTICLES, OPINIONS & EDITORIALS
December 4,
2015 12657 12657 
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.
November 4,
2015 11465 11465
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”?
October 26,
2015 11213 11213
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.
October 6,
2015 11458 11458
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.
September 30,
2015 12098 12098
Article by Terrance M. Booysen and reviewed by Dr. Robin Woolley (Director: Transcend Capital)
Since the introduction of the Black Economic Empowerment Act 53 of 2003 in South Africa, there has been a lot of debate regarding its relevance and impact on business and civil society.
August 28,
2015 13966 13966
Article by Terrance M. Booysen and peer reviewed by Kenneth Chikwanha (President: ISACA South African Chapter)
There’s a saying that goes along the lines that “the more things change, the more they stay the same”. Rather ironically, this axiom was first coined by a French journalist -- Alphonse Karr -- in 1839 and it is as true then as it is today.
August 25,
2015 11918 11918
Article by CGF Research Institute (Pty) Ltd
As more companies are becoming exposed to the manner in which their leadership determine their business strategy and engage business transactions, so more questions are also being raised about the company’s corporate governance practices. Unlike years gone by when companies were not bound as much by various legislation and similar mechanisms to report to the public on their company dealings, today there are far greater reporting requirements and greater numbers of interested parties wanting details concerning companies and their daily operations.
August 12,
2015 12256 12256
Article by CGF Research Institute (Pty) Ltd
In an independent South African Corporate Governance Climate Survey (‘the Survey’) conducted by De Facto in April 2015, CGF Research Institute (‘CGF’) was ranked by one-hundred and forty business leaders as the leading organisation in the provision of corporate governance training. Sixty nine percent (69%) of the respondents recognised CGF as experts in corporate governance training in South Africa, no doubt as a result of CGF’s well-known delivery of high value and affordable training.
July 27,
2015 12647 12647
Presentation by Terrance M. Booysen (Breakfast Seminar)
My topic, Unpacking the critical importance of a Corporate Governance Framework® (and the mutually fulfilling roles of ISO standards) may come as a revelation for many of you this morning. But before I delve into the matter of a Corporate Governance Framework®, I wish to state that many organisation’s GRC practices have remained not only static through the years, but also largely fragmented.
July 27,
2015 12963 12963
Article by Terrance M. Booysen (CGF: Chief Executive Officer) and peer reviewed by Louis Strydom (Partner: PricewaterhouseCoopers)
For the past number of years South Africa has been placed in the spotlight when it comes to matters such as crime and corruption, and most of the surveys dealing with this scourge have a consistent message that this situation is not improving. Once again, the PricewaterhouseCoopers 2014 Global Economic Crime Survey validates this dire situation where 69% of South African respondents indicated that they had experienced economic crime of various proportions. Alarmingly, this figure of affected organisations had increased nine percentage points higher than in the previous survey results which were recorded in 2011. Whilst the PwC Economic Crime Survey also noted a shift in the typical perpetrator (now being found in the senior management structures), most concerning is the fact that these perpetrators are typically males with university degrees who are aged between 31 and 40 and who have been with the same employer for over ten years.