Promoting Good Corporate Governance
Regular contributor Steven Powell, head of Forensics at ENSafrica, provides a full breakdown of the legislated laws, which promote good corporate governance and anti-corruption. By the same token, he brings attention to the extra-territorial reach of global regulators, such as the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) in the United States and the Serious Fraud Office in the United Kingdom, regarding enforcement actions related to the Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act (UKBA), respectively.
Advocate Thuli Madonsela further reiterated the importance of good corporate governance during an exclusive interview, prior to the
end of her term as Public Protector. She highlighted the importance of creating awareness around anti-corruption and educating the South African public on what constitutes corruption and how the law prescribes it. Like Steven Powell, Advocate Madonsela emphasised the wrath and reach of foreign regulators. Both articles feature back-to-back from page 46.
Did you know that on 30th September 2016, IRBA officially withdrew from being a B-BBEE regulator? Today, SANAS is the only regulatory body of B-BBEE. Pages 11 to 13 highlights the implications of this and the importance of organisations, ensuring their chosen B-BBEE Professional is SANAS accredited.
Progression recently launched its Disability Integration Model, featured on page 58, which guides organisations in overcoming identified challenges to integrating persons with disabilities in the workplace. Included in the Transforming Disabilities segment of this issue is the six common mistakes organisations make when developing and implementing Disability Equity Programmes.