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
Proving claims in an insolvent estate – basic principles reaffirmed
In the recent case of Firstrand Bank Limited v the Master of the High Court and others handed down on [...]
Should Post-Commencement Financiers have a vote on Business Rescue Plans?
Reviewed by, Dr Eric Levenstein, Director and Head of Business Rescue & Insolvency A critical look at Wescoal Mining (Pty) [...]
The in duplum rule: some insights
and Lwazi-Lwandile Simelane, Candidate Attorney Interest stops running when the unpaid interest equals the amount of the outstanding capital claim. [...]
The importance of a legal due diligence when acquiring a commercial farm in South Africa
A common transaction structure that is utilised by a purchaser to acquire a commercial farm in South Africa is to [...]
Ground-breaking European Union legislation limits dominance of major tech corporations
and Chiara Ferri, Candidate Attorney The Digital Markets Act ("DMA") is a piece of EU legislation aimed at targeting enormous [...]
AI in farming
and Chiara Ferri, Candidate Attorney Adding value one industry at a time, artificial intelligence ("AI") is proving to be a [...]
