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CGF ARTICLES, OPINIONS & EDITORIALS

GOVERNANCE OF RISK: A CRITICAL ELEMENT FOR BOARD DELIBERATION (2016-03-15)

Article by Terrance M. Booysen

As more pressure is exerted upon organisations to demonstrate good governance across their entire operation, increasingly boards of directors are expected to possess far greater knowledge and understanding of the organisation’s business and its supply chain.

TREATING CUSTOMERS FAIRLY, OR NOT? (2016-03-07)

Article by Terrance M. Booysen and reviewed by Deon Francis (Partner: Hogan Lovells)

In today’s times, customers are very much aware of their rights. Whether or not a frustrated customer is standing in a long bank or retail outlet queue -- be this in South Africa or even in the bustle of Paris -- one is bound to hear someone shouting “customer service please!”

SOCIAL MEDIA: CHANGING TIMES AND INCREASED RISK (2016-02-03)

Article by Terrance M. Booysen

Many technologists across the world were completely bewildered by the claim Gordon E. Moore made in 1965, when he boldly predicted the rate of change the world would undergo through the rapid development of technology.

BRIBERY: THE BOARD IS ACCOUNTABLE (2015-12-04)

Article by Terrance M. Booysen and reviewed by Jaco de Jager (CEO: Association of Certified Fraud Examiners: SA Chapter)

Besides the more notable pieces of legislation that deal with bribery and corruption, which include the USA’s Foreign Corrupt Practices Act of 1977, the United Kingdom’s Bribery Act of 2010 and even South Africa’s Prevention and Combatting of Corrupt Activities Act 12 of 2004; now South African organisations will have to contend with even more anti-bribery controls.

SERVING THE ORGANISATION: A DIRECTOR’S PLEDGE (2015-11-04)

Article by Terrance M. Booysen

One wonders how many people have misunderstood the meaning and the commitment they made when they uttered the words, “until death us do part”?

B-BBEE: ALL ORGANISATIONS ARE AFFECTED BY BLACK ECONOMIC EMPOWERMENT AND THE CODES (2015-10-27)

Article by Terrance M. Booysen and reviewed by Dr. Robin Woolley (Director: Transcend Capital)

With the release of the new Broad-Based Black Economic Codes (‘B-BBEE’) -- which became effective on 01 May 2015 -- there is no doubt that the previous Codes of Good Practice (‘the Codes’), which were launched in 2013, did not have the desired effect.

POSITIVE COPING BEHAVIOUR REINFORCES EMPLOYEE PRODUCTIVITY (2015-10-06)

Article by Dr Dicky Els and Terrance M. Booysen

In a globalised economy excesses and imbalances in one part of the world inevitably affects the economies of another, and this is typically played out between developed and developing countries.  With the accelerated pace of global development, expectedly there is a knock-on implication to increased business risk through aggressive competition and more pressure on increasing profit margins.

B-BBEE: COULD THE NEW CODES BE A ‘STALEMATE’? (2015-09-30)

Article by Terrance M. Booysen and reviewed by Dr. Robin Woolley (Director: Transcend Capital)

Since the introduction of the Black Economic Empowerment Act 53 of 2003 in South Africa, there has been a lot of debate regarding its relevance and impact on business and civil society.

COBIT® 5: A DISCUSSION THE BOARD MUST NOT AVOID (2015-08-28)

Article by Terrance M. Booysen and peer reviewed by Kenneth Chikwanha (President: ISACA South African Chapter)

There’s a saying that goes along the lines that “the more things change, the more they stay the same”.  Rather ironically, this axiom was first coined by a French journalist -- Alphonse Karr -- in 1839 and it is as true then as it is today.

PACKING MORE VALUE INTO CGF’S NEW PRODUCT OFFERING (2015-08-25)

Article by CGF Research Institute (Pty) Ltd

As more companies are becoming exposed to the manner in which their leadership determine their business strategy and engage business transactions, so more questions are also being raised about the company’s corporate governance practices.  Unlike years gone by when companies were not bound as much by various legislation and similar mechanisms to report to the public on their company dealings, today there are far greater reporting requirements and greater numbers of interested parties wanting details concerning companies and their daily operations.