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CGF Articles & Editorials

Dismissing the UK Bribery Act could spell danger for SA companies (2012-08-01)

Whilst the UK Bribery Act 2010 (‘the Act’) came into effect in July 2011 in the UK and repeals all other anti-bribery legislation in the UK, there are numerous implications the Act may have upon South African companies and its impacts could be felt far and wide, says Terry Booysen, CEO of CGF Research Institute (Pty) Ltd.

Something brewing after decades of talk: UK Bribery Act 2010 (2012-07-19)

The world could learn a few lessons through the actions taken by the United States, considering the manner in which they have taken concrete steps against bribery and corruption.

Directors’ liability: Not that rosy (2012-06-29)

It sounds like some wonderful advertisement; experience teaches us when an offer ‘sounds too good to be true’, there’s usually some sinister catch behind it.

Integrated Reporting: A technical ISO challenge? (2012-06-26)

More organisations are beginning to realise that their ability to produce an annual Integrated Report -- as recommended by the King Report on Governance for South Africa 2009 (King III) -- is not as simple as they may have first believed. 

Human Capital and Talent Management: Sustainable? (2012-06-25)

One of the biggest oversights found in many organisations is that they generally do not factor their Human Capital risks, neither integrate these risks within the overall risks of the organisation.

Combined Assurance-Double checks business reporting (2012-06-01)

Considering the heightened awareness of governance reporting and the increased accountability attached to directors; so much has changed for business leaders since the collapse of Enron and WorldCom in the United States, the HIH Insurance Group in Australia and Parmalat in Italy.  Unsurprisingly, South Africa has also had its fair share of corporate failures, most notably those found in the cases of Aurora Mining company, Macmed, Leisurenet, Fidentia and Regal Bank.

From dark ages to enlightened reporting (2012-05-08)

Modern day company reporting finds its roots as far back as 7500 BC, which is when we believe the first rudimentary form of accounting records and tokens may have been used to track certain business activities.

Opening and closing address for MDG Review Summit & Exhibition 2012 (2012-05-03)

Good morning esteemed guests, ladies and gentlemen; and a special welcome to all of those who have travelled from near and afar, in order to attend this special event – the MDG Review Summit & Exhibition of 2012.

'Heads-up" for Directors in the Cloud (2012-03-13)

There’s much that can be said about the manner in which members of a board are ‘wired’, and it does not take much to recognise those directors who embrace technology and those who don’t. 

Fighting corruption to achieve the Millennium Development Goals (MDGS) (2012-03-13)

Crime experts, economists and NGOs were recently not surprised that an estimated R30 billion was being lost annually by South African taxpayers due to graft, incompetence and negligence in the public service.