Legal updates and opinions
Post Author
News / News
King V: South Africa’s Governance Evolution
by Eric Levenstein, Director and Head of Insolvency & Business Rescue and Helena Stoop, Senior Knowledge Lawyer
The official King V was launched on 31 October 2025. The project was spearheaded by the Institute of Directors in Southern Africa NPC (IoDSA) in its capacity as Secretariat for the King Committee and custodian of the King Reports on corporate governance in South Africa. It replaces the previous edition (‘King IV’) and will be effective for financial years beginning on or after 1 January 2026.
The fifth edition of the Code (‘King V’) follows the trend of previous editions and sets out the philosophy, principles, practices and outcomes which serve as the benchmark for corporate governance in South Africa. It was drafted to address both national and global developments, improve accessibility for all types of organisations, and promote the ongoing evolution of governance outcomes. Werksmans provides a bespoke and summarised overview of key components relevant to King V.
Download the King V Overview here.
Latest News
JSE efforts to reduce red tape in Section 9 of the Johannesburg Stock Exchange Listing Requirements
The Johannesburg Stock Exchange Consultation Paper From the outside, it is worth acknowledging that the JSE Limited (the "JSE") or [...]
Well-known trade marks recognised in Tanzania
By Donvay Wegierski, Director On 4 February 2021 judgement was handed down by the High Court of Tanzania, Dar Es [...]
Resignation or dismissal?
The employment relationship involves two parties - the employer and the employee - and accordingly there are three possible ways [...]
A bank’s right to set-off and their duties towards third parties
by Tracy-Lee Janse van Rensburg, Director and Malachizodok Mpolokeng, Candidate Attorney It is well known that banks play a critical [...]
Vesting of Capital Gains through Multiple Trusts
by Erich Bell, Director The recent tax court decision IT 24918 (delivered on 18 March 2021) is the first case [...]
The SAA Business Rescue Process : A steep learning curve – Lessons for SOEs
Setting the scene Since being placed under voluntary business rescue in December 2019, South African Airways ("SAA") has been a [...]
