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
When does an acquisition by a company of its own shares constitute a scheme of arrangement?
Understanding the relationship between Section 48 and Section 114 of the Companies Act in Light of the Companies Amendment Act, [...]
Are we seeing an end to the appointment of board members to act as CEOs of SOEs / Private Companies?
by Sandile July, Director and Head of Employment and Nonkosazana Nkosi, Director 1. The Labour Court has officially put a [...]
Alexkor Soc Limited and Another v Carstens (JA7/24) [2025] ZALAC 28 (15 May 2025)
by Bankey Sono, Director and Neo Sewela, Senior Associate 1. Does the Labour Court have the power to declare a [...]
Business Rescue Is Not a Shield from Accountability: Director and Business Rescue Practitioner Held Liable
By Eric Levenstein, Director and Head of Insolvency and Business Resue and Amy Mackechnie, Senior Associate The recent decision in [...]
The Age of AI and Employment: Navigating Legal and Strategic Implications for Employers
by Bradley Workman-Davies, Director and Preeta Bhagattjee, Head of Technology & Innovation Artificial intelligence (AI) is no longer a speculative [...]
Steyn V Business Connexion Group Ltd: Case Summary
by Bradley Workman-Davies, Director and Isabella Keeves, Candidate Attorney The recent judgement of Steyn v Business Connexion Group Ltd (“Steyn“) has provided [...]
