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
Use it or you may lose it
INTRODUCTION In Legalwerks September 2017, the top ten reasons to register trade marks were discussed, https://werksmans.com/legal-briefs-view/top-ten-reasons-to-register-your-trade-marks/. On payment of renewal [...]
FAQ – opportunities for investors arising from the South African business rescue process
INTRODUCTION The South African business rescue process has created the opportunity for investors (local and foreign) to position themselves in [...]
2018/2019 budget proposals – Tax overview
By: The Werksmans Tax Team INTRODUCTION Despite it being widely expected that this year's Budget would add to the ever-increasing [...]
STATE OF THE NATION ADDRESS
The National Land Audit has recently been made public. This report was primarily phase 2 of a Land Audit that [...]
Automatically unfair dismissals
ISSUE IN DISPUTE If an employee does not adhere to the dress code in the workplace because of his religion, [...]
The Protection from Harassment Act 17 of 2011
The Act provides simple procedures and remedies in addition to those available to employees in terms of other legislation (such [...]
