PREVIEW
PART A – CORPORATE GOVERNANCE MATTERS
QUESTION 1
a.
The governing body should have a power balance with a majority of non-executive members. Five of
the eight directors are executive directors, while the other three are non-executive directors. As a
result, they violate principle 7 point 8 of the King IV Report. There should be a majority of non-
executive directors, with the majority of them being independent.
Amount the non-executive members;
• Hezekiel Sepeng owns a stake in the firm's largest customer. As a result, not Independent
• Alind Parvej is a former financial director. As a result, not independent
• Ally Lane is a partner in a law firm that the company has hired. As a result, they cannot be
considered independent.
PART A – CORPORATE GOVERNANCE MATTERS
QUESTION 1
a.
The governing body should have a power balance with a majority of non-executive members. Five of
the eight directors are executive directors, while the other three are non-executive directors. As a
result, they violate principle 7 point 8 of the King IV Report. There should be a majority of non-
executive directors, with the majority of them being independent.
Amount the non-executive members;
• Hezekiel Sepeng owns a stake in the firm's largest customer. As a result, not Independent
• Alind Parvej is a former financial director. As a result, not independent
• Ally Lane is a partner in a law firm that the company has hired. As a result, they cannot be
considered independent.
