Author Archives: kashmeera singh

South African Companies Act: Proposed Changes on Shareholder’s Say on Pay

Understanding the Proposed Amendments The amendments to the Companies Act aim to address growing concerns over executive pay disparities and the need for greater corporate accountability. Under the new proposal, companies will be required to prepare an annual remuneration report, detailing the compensation of individual directors and top executives.  Key components of the proposed changes […]

Beneficial Ownership and Corporate Transparency: Impact on South African Companies

In February 2023, South Africa was greylisted by global financial crime watchdog the Financial Action Task Force (“FATF”) for not fully complying with international standards around the prevention of money laundering, terrorist financing and proliferation financing. This decision was taken despite the remedial action already taken by South Africa in response to the FATF’s mutual evaluation report […]

How does your Board and its governance practices compare to its peers?

The Board is responsible for assisting management with, and the maintenance of, good business practices. This requires individuals with necessary skills and expertise to make sound business judgments, which leads to the need to remunerate them fairly according to recommended practices. The Board determines what would be a fair remuneration for its Non-Executive Directors (NEDs), […]

9 Reasons to Evaluate your Board

Good corporate governance is necessary to enable companies to operate more efficiently, mitigate risk and safeguard stakeholders. As custodians of corporate governance, there is a direct link between the performance of the board and the performance of the company which it oversees. This has never been more true than now, given the crucial role that […]

A Board Checklist During COVID-19

Covid-19 has forced directors to play an increasingly crucial role in supporting their companies in order to safeguard the future of the business. There are a few things that directors can do in order to mitigate risk and ensure that their companies will weather the uncertainty in these unprecedented times. Read Acorim’s Board Checklist to ensure that you are doing everything you can to enable your business’ success.