April 10,
2025 196 196 
By Terrance M. Booysen (CGF Research Institute: CEO)
Lessons from South Africa hint at a digital tomorrow
Looking back to move forward
I have spent 22 years at the helm of CGF Research Institute, watching South Africa’s governance story unfold, sometimes with hope, often with frustration. State capture left a one-trillion-rand scar (Zondo, 2022), and Eskom’s R78 billion loss in 2023 still stings. These are not just numbers to me; they’re signs that oversight systems are struggling to find their footing. Yet through it all, I keep coming back to the Company Secretary - not sitting on the board but working tirelessly behind the scenes. They are the ones who could turn things around, if only we gave them the right tools. This is not just a South African tale; it’s a lesson for boards everywhere.