Legal updates and opinions
Post Author
News / News
Governance Reforms for Listed Companies
by Kevin Trudgeon, Director and Helena Stoop, Senior Knowledge Lawyer
Listed companies in South Africa are facing a rapidly changing governance landscape. Three key instruments namely, the revised JSE Listings Requirements which took effect on 16 February 2026, the King V Code of Corporate Governance launched in October 2025, and amendments to the Companies Act promulgated in 2024 shape the regulatory framework under which boards must operate.
Although these three instruments address similar key aspects of corporate governance, they differ in purpose, scope and enforceability. This note offers an overview of governance obligations arising under the Companies Act, the JSE Listings Requirements, and King V. It highlights both points of alignment and areas of divergence, with particular focus on board composition, director independence, nomination and election processes, the roles of key officers, and the structure and functioning of board committees.
Each topic is discussed in light of recent developments, and the analysis is complemented by a comparative table that consolidates the requirements currently applicable to listed companies in South Africa.
Download the comparative guide here.
Latest News
Business Rescue Practitioner in South Africa
Business Rescue Practitioner 1. What is the role of the business rescue practitioner? The business rescue practitioner is required, as [...]
Section 150A LRA intervention in the Sibanye-Stillwater deadlock?
After a lengthy period of striking - nearly 3 (three) months - over wage increases at Sibanye's gold operations, the [...]
Technology, Media and Telecommunications Africa Quarterly e‑Bulletin | May 2022
Botswana Broadband Facts and Figures Report, 2021 On 21 January 2022, the Botswana Communications Regulatory Authority (BOCRA) published its Broadband [...]
A new reality for illegal miners and the ‘zama zamas’?
Illegal mining challenge Illegal mining is a critical challenge in the South African mining and minerals industry. In response to [...]
The case for South Africa’s business rescue procedure – Commissioner of Sars v Louis Pasteur Investments (Pty) Ltd and others
South Africa's business rescue procedure by Eric Levenstein, Head of Insolvency, Business Rescue & Restructuring and, Brandon Starr, Candidate Attorney [...]
Treaty residence of mobile South Africans – An interesting UK tax case
Treaty residence of mobile South Africans The tax residence status of a natural person with a mobile lifestyle recently formed [...]
