Bowmans The Value of Knowing

Directors’ duties in South Africa: How do boards deal with challenges?

Loading player...
In this episode, Bowmans’ partner Chris Todd continues his discussion with Bowmans’ senior consultant Graham Damant, this time focusing on the obligations and duties of boards in South Africa in relation to CEOs. They delve into how a board should respond to allegations of misconduct by a CEO, including considerations on whether it is appropriate to suspend the CEO. They also discuss the board's obligation to address misconduct committed by the CEO, outlining the appropriate process to be followed and the steps to be taken. Additionally, they cover the board's responsibility to assess the performance of the CEO and take remedial steps for poor performance, which may include termination of employment. Lastly, they explore the board’s duties and the factors that should be considered when concluding a mutual separation agreement with a CEO or senior executive.
8 May 2024 English South Africa Business · Government

Other recent episodes

Sustainability in the African mining sector – critical considerations for investors

In this episode, Bowmans’ partner Charles Douglas discusses the complex intersection of sustainability, geopolitics, and the future of African mining with partners Christina Nduba-Banja, Claire Tucker and Wandisile Mandlana. From the shifting influences of global powers like the US and the EU to Africa’s immense critical mineral reserves, the conversation…
30 Jan 21 min

Remuneration trends in Africa: What do investors in Africa need to know?

In the latest episode of our ‘Value of Knowing’ podcast, Norma Mazibuko, executive rewards consultant at Bowmans in Johannesburg, discusses remuneration trends in West, East and Southern Africa with Martin Hopkins (Bowmans’ head of Reward Advisory Services, based in Johannesburg); Rainbow Field (director at Bowmans in Nairobi); Lenja Dahms-Jansen (Bowmans’…
6 Nov 2024 59 min

Employment impacts of business transfers: What do investors in Africa need to know?

Chloë Loubser, specialist in employment law and data protection, discusses the employment law considerations of business transfers in West, East and Southern Africa with Helen Wilsenach (head of employment and benefits at Bowmans, based in South Africa), Terry Mwango (head of litigation and disputes at Bowmans Kenya), and Victoria Amarachi…
7 Oct 2024 45 min

Powering Africa's future: What do investors need to know?

In this episode of The Value of Knowing, host Alison Mellon, a seasoned banking and finance lawyer, is joined by two distinguished guests: Allen Leuta, Head of Banking and Finance and Co-head of Infrastructure at Bowmans, and Shamilah Grimwood, a partner in the firm’s Banking and Finance Department. They explore…
24 Jun 2024 33 min

Directors’ duties in South Africa: What do directors need to know?

The duties of directors in South Africa’s increasingly regulated environment are onerous. In this episode, Bowmans’ partner Chris Todd and senior consultant Graham Damant discuss what boards need to know about employment, employment law, and employee benefits to meet their fiduciary duties and avoid liability. They explore the critical areas…
8 May 2024 57 min
All episodes