Corporate SA Inc to be held to greater account
The Institute of Directors in South Africa (IoDSA) and Cosatu have welcomed the tabling of the Companies’ Amendment bills tabled in Parliament this week intended to keep corporate SA Inc on its toes.
“These are progressive and long- overdue bills. They will be powerful weapons in the fight against corporate sector corruption and help begin nudging the private sector towards a more equitable and just wage structure for South Africa,” the union said this week.
On Tuesday, Minister of Trade, Industry and Competition, Ebrahim Patel, outlining the key elements of the two bills, said, “Company law should be
