Mervyn King has become the face of SA corporate governance. Yet he often appears to be exemplar in brand more than substance. After all, King himself hasn’t seemed able to follow the best practice outlined in his King 2 governance code.
King sits on the boards of two JSE-listed companies – private equity house Brait and [...]

 
On Thursday last week, Mervyn King, who donated his name to SA’s first two corporate governance codes, held the first “strategy” meeting with those who will be the architects of a third instalment of the King Committee’s codes.
However, it is a process with a different motivation from that of its predecessors. The committee is being [...]

 
BANKING group Nedbank could end up R30m poorer because of problems at property company Bonatla, suspended from trading on the JSE last week.
Nedbank owns R30m worth of preference shares in Bonatla. Bonatla was suspended at its own request, which shows how difficult it has been for the company and “consultant” Niki Vontas to revive the [...]