CENTRE FOR
CORPORATE GOVERNANCE
Centre for Corporate Governance
The IDC Centre for Corporate Governance (“the Centre”) is an in-house centre established in January 2015 to enhance corporate governance so as to achieve business excellence as contemplated in Section 3(h) of the Industrial Development Act 22 of 1940.
The Centre aims to advance understanding and practice of corporate governance with the goal of positively impacting and improving corporate governance within the IDC and its Investee Companies.
The Centre currently has four focus areas namely:
DIRECTOR NOMINATIONS FORUM
– Appointment of IDC Nominee Directors
– Induction and Membership to develop directors skills
– Director remuneration
– Corporate Governance training to relevant stakeholders
ETHICS OFFICE
– Driving Ethical
– Awareness and monitor ethics
– Declaration of Gifts and Outside interests
– Custodian of the Code of Ethics
CORPORATE GOVERNANCE ADVISORY
– Research
– Corporate governance advisory service
– Assist investee companies with implementation of recommendations emanating from Corporate Governance
– Assessment Reviews
RISK BASED PRE & POST INVESTMENT CORPORATE GOVERNANCE REVIEWS
– Corporate governance screening at application stage
– Corporate governance due diligence
– Post-investment corporate governance reviews