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
Unilateral change to employee’s retirement age may constitute an automatically unfair dismissal in terms of The Labour Relations Act and unfair discrimination in terms of The Employment Equity Act
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney Issue Whether an employer may [...]
Automatically unfair dismissals: An employer may dismiss an employee for lodging a false grievance
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney Issue Is the lodging of [...]
Collision on the Section 197 Highway
Road Traffic Management Corporation v Tasima (Pty) Limited; Tasima (Pty) Limited v Road Traffic Management Corporation [2020] ZACC 21. by [...]
Working from home but are you really at work?
by Sandile July, Director and Nyiko Mathebula, Candidate Attorney COVID-19 has revolutionised the workplace in terms of health and safety [...]
Proposed amendments to The Financial Intelligence Centre Act, 2001
by Tracy-Lee Janse van Rensburg, Director On 19 June 2020[1], the Minister of Finance published proposed amendments to Schedules 1, 2 and 3 to the [...]
Guidance on outsourcing of compliance activities to third parties
by Tracy-Lee Janse van Rensburg, Director and Juliet Siwela, Candidate Attorney On 21 July 2020, the Financial Intelligence Centre ("FIC") published the [...]
